Housing Starts Decline in October
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Housing Starts and Building Permits for September 2010
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DATE |
CURRENT |
LAST |
% Change |
Download Starts and Permits |
|
Starts |
11/17/2010 |
519Th |
 |
588Th |
-11.7% |
 |
|
Permits |
11/17/2010 |
550Th |
|
547Th |
0.5% |
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Nationwide housing starts declined 11.7 percent to a seasonally adjusted annual rate of 519,000 units in October, according to figures released by the U.S. Commerce Department today. The decline was primarily registered in the more volatile multifamily sector, where starts retreated 43.5 percent to an 83,000-unit rate, while single-family starts posted a more modest 1.1 percent decline to 436,000 units. Full story
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