Housing Starts & Permits Up in August
The U.S. government is reporting that privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,415,000, which is 1.9% higher than August’s revised number. September’s rate for units in buildings with five units or more was 295k. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,553,000, which was 5.2% higher than August’s revised number. Authorizations of units in buildings with five units or more were at a rate of 390k in September.
Click here to read the full report at the U.S. Census Bureau.
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