The U.S. government is reporting that privately‐owned housing starts in August, 2024 were at a seasonally adjusted annual rate of 1,356,000, which is 9.6% higher than July’s revised number and is 3.9% higher than one year ago. August’s rate for units in buildings with five units or more was 333k. Privately‐owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,475,000, which is 4.9% higher than July’s revised number bit is 6.5% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 451k in August.
Click here to read the full report at the U.S. Census Bureau.
