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Photo 199231482 / Hye Jin Kang / Dreamstime
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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Electricalmarketing 329 20151023emstartsmap595
Electricalmarketing 329 20151023emstartsmap595
Electricalmarketing 329 20151023emstartsmap595
Electricalmarketing 329 20151023emstartsmap595
Electricalmarketing 329 20151023emstartsmap595

Housing Starts See 6.5% Increase

Oct. 22, 2015
The U.S Census Bureau said privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,206,000, 6.5% above the revised August estimate of 1,132,000 and 17.5% above the September 2014 rate of 1,026,000.

The U.S Census Bureau said privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,206,000, 6.5% above the revised August estimate of 1,132,000 and 17.5% above the September 2014 rate of 1,026,000. Single-family housing starts in September were at a rate of 740,000, 0.3% above the revised August figure of 738,000. The September rate for units in buildings with five units or more was 454,000, a 17% increase.

“Despite the modest month-over-month differentials in single-family production, this sector has shown gradual improvement throughout 2015,” said David Crowe, chief economist of the National Association of Home Builders (NAHB), Washington, D.C., in a press release. “Since January, single-family starts are up 11% and we anticipate a similar pace for the rest of this year.”