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U.S. Housing Starts Down in September

U.S. housing starts in September were at a seasonally adjusted annual rate of 1.2 million, 5.3% below the revised August estimate and 3.7% higher than the comparable month in 2017. Single‐family starts dipped 0.9% below August to 871,000.

Building permits in September totaled a seasonally adjusted annual rate of 1.24 million, slipping 0.6% from August and down 1.0% from the year-ago period. Single‐family authorizations rose 2.9% above August to 851,000. See U.S. Census Bureau

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