Comments on September Housing Starts

Total housing starts in September were above expectations, mostly due to an increase in the volatile multi-family sector. However permits were down in September for multi-family (and down slightly year-over-year). Earlier: Housing Starts increased to 1.206 Million Annual Rate in September This first graph shows the month to month comparison between 2014 (blue) and 2015 (red). Total starts are running 12.0% ahead of 2014 through September. Single family starts are running 11.0% ahead of 2014 through September, and single family starts were up 12.0% year-over-year in September. Starts for 5+......(read more)

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