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. Continue reading HERE...