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US DATA
  • U.S. housing starts rose 1.9% in September to a seasonally adjusted annual rate of 1.415 million, according to figures released Tuesday by the Census Bureau. Financial markets had expected starts to climb to a saar of 1.465 million.
  • From a year earlier, starts were up 11.1% in September.
  • August housing starts were revised down to a saar of 1.388 million (prev 1.416 million).
  • Permits rose 5.2% to a saar of 1.553 million, above forecasts for a saar of 1.520 million.
  • Permits were up 8.1% from a year earlier.
  • Completions increased 15.3% in September to a saar of 1.413 million from 1.226 million in August.
  • Completions were up 25.8% year-over-year.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com