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September housing starts dipped for third month to lowest level in a year

Privately-owned Housing Starts in September were at a seasonally adjusted annual rate of 1,127,000. This is 4.7 percent below the revised August estimate of 1,183,000, but is 6.1 percent above the September 2016 rate of 1,062,000. This was the lowest level since September 2016 and marked the third monthly decline in starts.

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This post first appeared on The Housing Chronicles, please read the originial post: here

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September housing starts dipped for third month to lowest level in a year

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