• Home construction up 4.9% in October to 1.53 million

    12 days ago - By Stl Today

    CHARLOTTE, N.C. - Home construction rose 4.9% in October as home building remains as one of the bright spots of the economy.
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  • Comments on October Housing Starts

    Comments on October Housing Starts

    12 days ago - By Calculated Risk

    Earlier: Housing Starts increased to 1.530 Million Annual Rate in October
    Total housing starts in October were above expectations, and starts in August and September were revised up, combined. The single family sectors has increased sharply, but the volatile multi-family sector is down year-over-year .
    The housing starts report showed starts were up 4.9% in October compared to September, and starts were up 14.2% year-over-year compared to October 2019.
    Single family starts were up 29% year-over-year. Low mortgage rates and limited existing home inventory have given a boost to single family...
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  • U.S. housing starts total 1.53 million in October, vs. 1.46 million expected

    U.S. housing starts total 1.53 million in October, vs. 1.46 million expected

    12 days ago - By CNBC

    CNBC's Rick Santelli reports the October housing starts and building permits data.
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  • Home construction up 4.9% in October

    12 days ago - By Chron

    CHARLOTTE, N.C. - The number of newly issued permits to build fresh housing remained steady in October.
    Housing starts rose 4.9%, and are up 14% higher than a year ago, the Commerce Department reported Wednesday, to an annualized rate of 1.53 million.
    Building permits remained at a seasonally adjusted rate of 1.55 million annualized units, effectively unchanged from September. The figure remains up 2.8% from a year earlier, showing how strong the housing market did over the summer despite the pandemic.
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  • Housing Starts increased to 1.530 Million Annual Rate in October

    Housing Starts increased to 1.530 Million Annual Rate in October

    12 days ago - By Calculated Risk

    From the Census Bureau: Permits, Starts and Completions
    Housing Starts:
    Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,530,000. This is 4.9 percent above the revised September estimate of 1,459,000 and is 14.2 percent above the October 2019 rate of 1,340,000. Single-family housing starts in October were at a rate of 1,179,000; this is 6.4 percent above the revised September figure of 1,108,000. The October rate for units in buildings with five units or more was 334,000.
    Building Permits:
    Privately-owned housing units authorized by building permits...
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