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Housing starts drop 2.8% in October but permits up

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These charts show how the forecasted GDP subcomponent contributions to growth aggregate up to GDPNow’s real GDP growth forecast for each update day in a particular.

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Builders broke ground on fewer homes but applied for more permits for future. Housing starts slip, but permits rise as all signs point to stronger growth ahead. as with the headline numbers, prior months' data were revised up.. still after the disastrous drop in sales in Q4 last year,” said Ian Shepherdson,

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Privately-owned housing starts dropped 2.8% in October to print at a seasonally adjusted annual rate of 1,009,000 units, which is still 7.8% above the October 2013 rate of 936,000. Single-family.

Housing Starts Up 10.5% from 2017. Single-family housing starts in April were at a rate of 894k, which is 0.1% higher than March’s revised figure of 893k. The April rate for units in buildings with five units or more was 374k. privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,352,000.

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announced the following new residential construction statistics for July 2019:. Privatelyowned housing units authorized by building permits in July were at. ( 8.0 percent)* below the revised June estimate of 1,241,000, but is 0.6 percent. that is, it is uncertain whether there was an increase or decrease.

US housing starts fall 2.8% in October Builders started construction on more single-family homes in October, but the gain wasn’t enough to offset a big drop in multi-family properties.

Housing starts rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000, the highest level since July 2008, but permits for new residential construction fell the Census Bureau.

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Housing starts in December were at a seasonally adjusted annual rate of about 1.192 million – a decrease of 8.2% compared with a revised 1.299 million in November and a decrease of 6% compared with 1.268 million in December 2016, according to estimates released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Housing Starts Privatelyowned housing starts in July were at a seasonally adjusted annual rate of 1,191,000. This is 4.0 percent (8.0 percent)* below the revised June estimate of 1,241,000, but is 0.6 percent (8.2 percent)* above the July 2018 rate of 1,184,000.