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Housing Starts Boomerang in August – Up 12.2% - Real Estate Investing Today

Housing Starts Boomerang in August – Up 12.2% - Real Estate Investing Today

census bureau logoThe U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,575,000, which is 12.2% higher than July’s revised number and 0.1% lower than one year ago.  August’s rate for units in buildings with five units or more was 621k.  Privately‐owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,517,000, which is 10% lower than July’s revised number.  Authorizations of units in buildings with five units or more were at a rate of 571k in August.

Click here to read the full report at the U.S. Census Bureau.

 

Housing Starts Boomerang in August – Up 12.2% - Real Estate Investing Today
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Housing Starts Boomerang in August – Up 12.2% - Real Estate Investing Today
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