July housing starts were expected to be up 3.5%, they were down 1.0%; however June starts were originally reported up 3.6% but were revised today to +6.5%. The June revision took most of the sting from the weaker July starts. Total starts were 581K wi...th single family starts up 490K. July building permits, expected to be up 1.4% were down 1.8%. Mixed signals?