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Housing Starts & Building Permits Down in September

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census bureau logoThe U.S. government is reporting that privately‐owned housing starts in September, 2024 were at a seasonally adjusted annual rate of 1,354,000, which is 0.5% lower than August’s revised number and is 0.7% lower than one year ago.  September’s rate for units in buildings with five units or more was 317k.  Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,428,000, which is 2.9% lower than August’s revised number bit is 5.7% lower than one year ago.  Authorizations of units in buildings with five units or more were at a rate of 398k in September.

Click here to read the full report at the U.S. Census Bureau.

 

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