September Housing Starts Surge 34.8% Year-over-Year - Modern Distribution Management

Log In

September Housing Starts Surge 34.8% Year-over-Year

Housing starts were up 15 percent from August.
Author
Date

U.S. housing starts in September were at a seasonally adjusted annual rate of 872,000, 15 percent above August and 34.8 percent above September 2011, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

\"TheDownload a Free Chapter:
The Little Black Book of Strategic Planning for Distributors

Submit your email address below to receive a chapter of Brent Grover’s new book. When you submit your email you will be signed up to receive weekly distribution news updates.

\"\"

Single-family housing starts in September were at a rate of 603,000, 11 percent above August. The rate for units in buildings with five units or more was 260,000.

Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 894,000, 11.6 percent above August, and 45.1 percent above September 2011.

Single-family authorizations in September were at a rate of 545,000; this is 6.7 percent above August. Authorizations of units in buildings with five units or more were at a rate of 323,000 in September.

Privately-owned housing completions in September were at a seasonally adjusted annual rate of 683,000. This is 0.4 percent above August and is 13.8 percent above September 2011.

Single-family housing completions in September were at a rate of 524,000, 8.5 percent above August. The rate for units in buildings with five or more units was 145,000.

Download the pdf below for more details.

Click Here


Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.