Housing starts slower but building permits up

Housing Starts Up From September But Down Year-Over-Year. Building permits in October fell 0.6% sequentially to at a seasonally adjusted annual rate of 1,263,000., 6.0% below the October 2017.

After rebounding in June, housing. starts. And privately-owned housing units authorized by building permits also decreased, falling 4.1% from June’s rate of 1.28 million to 1.22 million in July,

Privately owned housing starts. were up 3.7 percent. “The bright spot in an otherwise underwhelming report comes from the overall number of permits issued, which can signal how much construction is.

Housing starts for the month of December. One area that may warm up over the next year is multifamily rentals, according to Trulia Chief economist issi romem. “Building permit numbers fell.

Permits increased to the best level since January in a sign that the market is poised to hold up during the busy summer season despite the dip in starts. Still, housing has shown signs of weakness.

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The decline appears driven primarily by a slowdown in multifamily starts. Singlefamily housing starts in September were at a rate of 871,000, 0.9% below the revised August figure of 879,000 and 4.8% above a year earlier. Starts in buildings with five units or more was 324,000, down 12.9% from August.

KEYWORDS Building permits housing completions Housing starts new home construction U.S. Census Bureau Housing starts increased in January, starting 2018 off at a strong pace; however, it is.

Housing starts in December fell 8.2% from November and 6% from the same month a year ago to a seasonally adjusted annual rate of 1,192,000, the Commerce Dept. reported Thursday.

Housing starts slower but building permits up. MarketWatch – By Andrea Riquier. The numbers: Builders started new homes at a pace of 1.269 million in May, the Commerce Department said Tuesday, above MarketWatch expectations for.

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Housing starts jumped. homes have experienced a slower recovery in the past few years, and remain under-supplied today. We expect supply of single-family homes to catch up over the next few years.".

 · New home construction suddenly slows in September. housing units authorized by building permits decreased to 1.22 million in September.. for new homes starts are continuing to slow.

Of the reports released, housing starts declined and building permits inched up, home price appreciation continues to slow down, and pending home sales increased. After several months of delays due to the partial government shutdown, the December housing starts and building permits report was released on Tuesday.