U.S. Housing Starts Up in August
U.S. housing starts in August were at a seasonally adjusted annual rate of 1.36 million, up 12.3% from the revised July estimate and 6.6% higher than the comparable month last year. Single-family housing starts rose 4.4% from July to 919,000.
U.S. building permits in August were at a seasonally adjusted annual rate of 1.42 million, increasing 7.7% from the previous month and rising 12.0% from July 2018. Single-family authorizations were 4.5% higher than July at 866,000. See U.S. Census Bureau