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10/18: MetroIntelligence Economic Update by P. DUFFY

September housing starts fell 9.4 percent from August, but up 1.6 percent year-on-year Privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,256,000, down 9.4 percent from August but up 1.6 percent year-on-year.  For just single‐family housing starts alone, in September they rose 0.3 percent from August to a rate of 918,000. https://www.census.gov/construction/nrc/pdf/newresconst.pdf September building…

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10/18: MetroIntelligence Economic Update by P. DUFFY

September housing starts fell 9.4 percent from August, but up 1.6 percent year-on-year Privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,256,000, down 9.4 percent from August but up 1.6 percent year-on-year.  For just single‐family housing starts alone, in September they rose 0.3 percent from August to a rate of 918,000. https://www.census.gov/construction/nrc/pdf/newresconst.pdf September building…

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10/17: MetroIntelligence Economic Update by P. DUFFY

October builder confidence rises to 20-month high of 71 Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, or to their highest point since February 2018.  The HMI index gauging current sales conditions increased three points to 78, the component measuring sales expectations in the next six months jumped six points to…

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