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Daily market update: Sept. 17, 2015

Our daily summary of market news, updated regularly with new tidbits

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First American Financial Corp.'s Existing Home Sales Capacity (EHS-C) model: The EHS-C rate increased by 0.4 percent in August 2015 compared with July and decreased by 1.1 percent year over year. The EHS-C increased by 26,000 (seasonally adjusted, annualized rate) in August. In 2015 (through July), existing-home sales have increased by almost 800,000 sales.   U.S. Census Bureau new residential construction starts for August 2015: Building permits for privately owned housing units in August were at a seasonally adjusted annual rate of 1.17 million, 3.5 percent higher than the revised July 2015 rate and 12.5 percent above the August 2014 estimate. Single-family authorizations were at a rate of 699,000 in August, 2.8 percent above the revised July figure of 680,000. Single-family housing starts in August were at a rate of 739,000, 3.0 percent below the revised July figure of 762,000. Zillow's student debt and housing analysis: Student debt does not ...