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LATEST US DATA

Housing starts, building permits fall in August

But a rebound in permits for single-family dwellings suggests demand for housing remains intact
Wednesday, September 21, 2016 - 05:50
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Permits for single-family homes, the largest segment of the market, surged 3.7 per cent to a 737,000-unit pace.

Washington

US housing starts fell more than expected in August as building activity declined broadly after two straight months of solid increases, but a rebound in permits for single-family dwellings suggested demand for housing remained intact.

Ground-breaking decreased 5.8 per