Housing starts drop 2.8% in October but permits up

Issuance of U.S. housing permits was up 4.8% to an annual rate of 1,080,000 units in October, the eighth month out of ten that permits have been over 1 million.

Building Permits | Should I Pull My Own Permits? Q&A Regionally, starts were up 8.5% in the Northeast; up 21.1% in the Midwest; down 4.6% in the South and up 5.8% in the West. Permits were up 2.1% in the Northeast; down 8.8% in the Midwest; down -13.

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Expectations were for the report to show the pace of starts accelerated slightly in October, to an annualized pace of 1.025 million up from 1.017 million in September. Month-on-month, the rate was.

Housing starts declined 2.8% in October to a 1.009 million annual rate, coming in below the consensus expected 1.025 million annual rate. Starts are up 7.8% versus a year ago. The decline in starts in October was all due to a sharp 15.4% drop in multi-family units; single family starts rose 4.2%. In the past year,

NEW YORK (CNNMoney.com) — The collapse in home building continued in October as single-family home starts fell to a 16-year low and permits for all types. While overall housing starts edged up to.

The rate of permits, a good barometer of what to expect from housing starts in the future, increased in October. Permits rose 4.8 percent to a rate of 1.031 million in October, up 1.2 percent year.

Investing.com – The number of building permits issues in the U.S. rose more than expected in October, while housing starts came in below forecasts, official data showed Wednesday. In a report, the.

Single-family housing starts in June were at a rate of 858,000; this is 9.1 percent (8.8 percent) below the revised May figure of 944,000. The June rate for units in buildings with five units or more was 304,000. Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,261,000.

Starts Drop in August, Permits Point to Growth By Robert Dietz on September 17, 2015 ( 0 ) The pace of housing starts posted a small decline in August, but permits and builder confidence suggest ongoing, modest growth for the rest of the year.

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Inventory began to grow in the second half of last year, but supply will soon drop yet. Overall housing starts increased 3.3 percent to a seasonally adjusted annual rate of 1.297 million units..