The 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.
