Housing starts increase by 15%
OtherThe U.S. Census Bureau and the Department of Housing and Urban Development reports privately owned housing starts increased 15% since August from an annual rate of 758,000 to 872,000 homes. That is 34.8% above last year’s rate of 647,000. The single-family housing starts in September climbed 11% at a rate of 603,000 from August where it was at 543,000. The September rate for units in buildings with five units or more was 206,000. Authorized building permits for privately owned housing grew 11.6% in September at annual rate of 894,000 from […]
