Keeping you up to date on the latest data releases.
- Housing Starts
Residential construction of single-family homes rose 11.05 percent from August to September to an annualized rate of 603,000 units, the highest level since August 2008. This represents the largest monthly gain since December 2011 and the largest annual gain since April 2010. Regionally, all areas showed growth in single-family housing starts over the past 12 months, ranging from a 12.2 percent increase in the Northeast to a 50.6 percent increase in the West. The authorization of single-family homes also showed strong improvement, rising 6.7 percent in September to an annualized rate of 545,000 permits, the highest level since July 2008.