The U.S. government is reporting that privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,358,000, which is 7% higher than August’s revised number but is 7.2% lower than one year ago. September’s rate for units in buildings with five units or more was 383k. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,541,000, which is 4,4% lower than August’s revised number and is 7.2% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 459k in September.
Click here to read the full report at the U.S. Census Bureau.
