Keeping you up to date on the latest data releases.
- Housing Starts
Single-family housing starts edged up just 0.17 percent from September to October, but are up 35.31 percent over the past 12 months to a seasonally-adjusted annualized rate of 594,000 units started. The authorizations of single-family home building permits, which tend to be more volatile, rose 2.18 percent in October and are up 26.58 percent compared to this time last year. Regionally, housing starts continued to gain traction despite the effect from Hurricane Sandy. Annual housing starts ranged from a 11.9 percent decrease in the Northeast to a 77.6 percent increase in the West.