The U.S. government is reporting that privately‐owned housing starts in October, 2025 were at a seasonally adjusted annual rate of 1,246,000, which is 4.6% lower than September’s revised number and is 7.8% lower than one year ago. October’s rate for buildings with five units or more was 481k. Privately‐owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,412,000, which is 0.2% below than September’s revised number and is 1.1% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 481k in October.
Click here to read the full report at the U.S. Census Bureau.

