Keeping you up to date on the latest data releases.
- Housing Starts and Permits
Single-family housing starts rose 5.5 percent in August to an annualized rate of 535,000 units, after July’s estimate was revised down. Over the past 12 months, housing starts have risen 26.8 percent, the largest annual gain since April 2010. The authorization of building permits was relatively flat, rising just 0.2 percent in August to an annualized rate of 512,000 units. However, when compared to August 2011, the authorization of building permits is up 19.4 percent, continuing the trend toward sharp annual increases seen over the past eight months.