Housing Starts Trends and Construction Data from the U.S. Census Bureau
Friday, 18 October 2024, 10:36
Current Trends in Housing Starts
The U.S. Census Bureau's latest reports highlight significant trends in housing starts and construction.
Residential Construction Overview
- Year-over-year declines in building permits.
- Decrease in overall housing starts.
- Increase in housing completions in September.
Implications for the Construction Sector
This fluctuating data presents a mixed picture for the construction industry. While the drop in permits raises concerns, the rise in completions showcases resilience within the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.