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October 18, 2017 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for September 2017

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Full article with stats on this page:
https://www.census.gov/construction/nrc/pdf/newresconst.pdf


FOR RELEASE AT 8:30 AM EDT, WEDNESDAY, OCTOBER 18, 2017 MONTHLY NEW RESIDENTIAL CONSTRUCTION, SEPTEMBER 2017 Release Number: CB17-171 October 18, 2017 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for September 2017: NEW RESIDENTIAL CONSTRUCTION SEPTEMBER 2017
Building Permits: 1,215,000 Housing Starts: 1,127,000 Housing Completions: 1,109,000 Next Release: November 17, 2017 Seasonally Adjusted Annual Rate Source:  U.S. Census Bureau, HUD, October 18, 2017 Building Permits Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,215,000. This is 4.5 percent (±1.6 percent) below the revised August rate of 1,272,000 and is 4.3 percent (±1.7 percent) below the September 2016 rate of 1,270,000. Single-family authorizations in September were at a rate of 819,000; this is 2.4 percent (±1.7 percent) above the revised August figure of 800,000. Authorizations of units in buildings with five units or more were at a rate of 360,000 in September. Housing Starts Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,127,000. This is 4.7 percent (±8.1 percent)* below the revised August estimate of 1,183,000, but is 6.1 percent (±8.8 percent)* above the September 2016 rate of 1,062,000. Single-family housing starts in September were at a rate of 829,000; this is 4.6 percent (±8.5 percent)* below the revised August figure of 869,000. The September rate for units in buildings with five units or more was 286,000. Housing Completions Privately-owned housing completions in September were at a seasonally adjusted annual rate of 1,109,000. This is 1.1 percent (±12.4 percent)* above the revised August estimate of 1,097,000 and is 10.3 percent (±11.9 percent)* above the September 2016 rate of 1,005,000. Single-family housing completions in September were at a rate of 781,000; this is 4.6 percent (±11.4 percent)* above the revised August rate of 747,000. The September rate for units in buildings with five units or more was 322,000. 0 300 600 900 1,200 1,500 Sep-12 Sep-13 Sep-14 Sep-15 Sep-16 Sep-17 Thousands of Units New Residential Construction (Seasonally Adjusted Annual Rate) Permits Starts Completions Source:  U.S. Census Bureau, HUD, October 18, 2017 Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch Public Information Office 301‐763‐5160   301‐763‐3030 eid.rcb@census.gov pio@census.gov The October report is scheduled for release on November 17, 2017. View the full schedule in the Economic Briefing Room: . The full text and tables for this release can be found at https://www.census.gov/construction/nrc/pdf/newresconst.pdf

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