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Starts fell as single-family home construction in the South tumbled, but a surge in building permits suggested the market remained on solid ground. US housing starts fall to 7-month low, permits.

Starts for the volatile multi-family housing segment plunged 15.2% to a rate of 330,000 units in September. Permits for the construction of multi-family homes declined 7.6% to a pace of 390,000 units.

Building permits last month fell 4.9 percent to a pace of 1.17 million units, the lowest level since April 2016. The housing data added to weak reports on retail sales, manufacturing production.

Housing Starts, Permits Up In March After Dismal Winter WASHINGTON – U.S. housing starts and permits for future home construction rose more than expected in March, snapping back from the prior month’s winter weather depressed levels, government data showed on Tuesday.

The preferred CPIH, which includes owner-occupied housing costs, slowed to 2.2% from 2.4% and matches the lowest of. four months. Permits may have ticked up, but even so, through August they were.

January housing starts and permits both improved, although single family housing permits fell to a 16-month low. growth rate of real estate loans changed from neutral to positive. It is above +3.25.

Building permits fell 1.7 percent to a rate of 1.269 million units in March, the lowest in five months. Building permits have now declined for three straight month. Permits for single-family housing dropped to a more than 1-1/2-year low in March, a bad omen for starts in the coming months.

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Building permits post a very strong month with 8.5% growth. Housing starts growth hits a multi-year low. If it were only up to building permits, we are going to see homebuilding stocks.

Payrolls were up 263k in April, much better than expected; wage growth. for housing starts to rise to a 197k pace in April on pickup in both single and multi-unit construction. Permit issuance for.

For the most recent information, you may download detailed data here on Single-Family and Multifamily Housing Starts and Building Permits. Look ahead with the Home Builders Forecasts by region and type such as: State and metro forecasts: includes starts forecast, Excel tables of total, single-family.