Residential Construction – Housing Permits, Starts, Completions | September 2020

Housing Permits
Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,553,000.

Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,553,000. This is 5.2% above the revised August rate of 1,476,000 and is 8.1% above the September 2019 rate of 1,437,000. Single-family authorizations in September were at a rate of 1,119,000; this is 7.8% above the revised August figure of 1,038,000. Authorizations of units in buildings with five units or more were at a rate of 390,000 in September. (U.S. Census Bureau)

Housing Starts
Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,415,000.

Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,415,000. This is 1.9% above the revised August estimate of 1,388,000 and is 11.1% above the September 2019 rate of 1,274,000. Single-family housing starts in September were at a rate of 1,108,000; this is 8.5% above the revised August figure of 1,021,000. The September rate for units in buildings with five units or more was 295,000. (U.S. Census Bureau)

Housing Completions
Privately-owned housing completions in September were at a seasonally adjusted annual rate of 1,413,000.

Privately-owned housing completions in September were at a seasonally adjusted annual rate of 1,413,000. This is 15.3% above the revised August estimate of 1,226,000 and is 25.8% above the September 2019 rate of 1,123,000. Single-family housing completions in September were at a rate of 921,000; this is 2.1% above the revised August rate of 902,000. The September rate for units in buildings with five units or more was 480,000. (U.S. Census Bureau)

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Sources:
New Residential Construction – U.S. Census Bureau
New Private Housing Units Authorized by Building Permits | FRED | St. Louis Fed
New Private Housing Units Authorized by Building Permits – in Structures with 1 Unit | FRED | St. Louis Fed
New Private Housing Units Authorized by Building Permits – in Structures with 5 Units | FRED | St. Louis Fed
Housing Starts: Total: New Privately Owned Housing Units Started | FRED | St. Louis Fed
Privately Owned Housing Starts: 1-Unit Structures | FRED | St. Louis Fed
Privately Owned Housing Starts: 5-Unit Structures or More | FRED | St. Louis Fed
New Privately-Owned Housing Units Completed: Total | FRED | St. Louis Fed
New Privately-Owned Housing Units Completed: 1-Unit Structures | FRED | St. Louis Fed
New Privately-Owned Housing Units Completed: 5-Unit Structures or More | FRED | St. Louis Fed
NBER based Recession Indicators for the United States | FRED | St. Louis Fed

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