Housing Starts Increase 5.9% from August
Product DetailsPrivately-owned housing starts in September were at a seasonally adjusted annual rate of 1,772,000. This is 5.9% above the revised August estimate of 1,674,000, but is 17.9% below the September 2005 rate of 2,158,000.
Single-family housing starts in September were at a rate of 1,426,000; this is 4.3% above the August figure of 1,367,000. The September rate for units in buildings with five units or more was 314,000.
Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,619,000. This is 6.3% below the revised August rate of 1,727,000 and is 27.7% below the September 2005 estimate of 2,240,000.
Single-family authorizations ...