US: Building permits in October were at 1,297,000, 5.9% above September
|"Privately-owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,297,000," the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced on Friday.
Key takeaways
This is 5.9 percent above the revised September rate of 1,225,000 and is 0.9 percent above the October 2016 rate of 1,285,000.
Single-family authorizations in October were at a rate of 839,000; this is 1.9 percent above the revised September figure of 823,000.
Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,290,000.
This is 13.7 percent above the revised September estimate of 1,135,000, but is 2.9 percent below the October 2016 rate of 1,328,000.
Single-family housing starts in October were at a rate of 877,000; this is 5.3 percent above the revised September figure of 833,000.
The October rate for units in buildings with five units or more was 393,000.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.