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Housing starts drop 2.8% in October but permits up

Housing Starts Drop Sharply in October October housing starts fell 2.8% to an annual rate of 1.009 million units due to a decline in apartment construction. WSJ’s Polya Lesova and Simon Constable.

Privately-owned housing starts dropped 2.8% in October to print at a seasonally adjusted annual rate of 1,009,000 units, which is still 7.8% above the October 2013 rate of 936,000. Single-family.

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U.S. housing starts fall 2.8% in October By. The annual pace of permits for new construction, a sign of future demand, rose 4.8% in October to 1.08 million — the highest rate since June 2008.

Housing starts unexpectedly dropped in October but the number of building permits accelerated. The latest report on housing starts from the Census showed that the pace of housing starts fell 2.8%.

The Denver Business Journal features local business news about Denver. We also provide tools to help businesses grow, network and hire.

Investing.com – The number of building permits issues in the U.S. rose more than expected in October, while housing starts came in below forecasts, official data showed Wednesday. In a report, the.

The total value of the U.S. housing market in 2018 was $33.3 trillion, up 6.2 percent from 2017, according to Zillow Group. In December, housing starts dropped 8.2 percent nationwide from the same.

Housing starts in the south rose 6.4%. New building permits fell during the month, decreasing 1.8% to 1.352 million. Multifamily led the decrease, slipping 7.4%, while single-family building permits increased 0.9%. New building permits were up 7.7% from the April 2017 rate.

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US housing starts fall 2.8% in October Builders started construction on more single-family homes in October, but the gain wasn’t enough to offset a big drop in multi-family properties.

A string of housing data released last week clearly indicates that the housing recovery is well on track in the latter half of the year. While housing starts declined in October, building permits and sales of existing homes improved. Data released by the U.S. Department of Housing and Urban.

Same-store revenue growth ticked higher to 2.8. housing permits. While slightly beating estimates in October, total permits were higher by just 2.2% in November, the second slowest rate of growth.

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Housing Starts Drop Sharply in October October housing starts fell 2.8% to an annual rate of 1.009 million units due to a decline in apartment construction. WSJ’s Polya Lesova and Simon Constable.

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