Homebuilding in the U.S. showed solid growth in October, with construction starts moving sharply higher and permits for new construction rising to the highest level in 12-years. Housing starts, which are recorded when a home’s foundation is first dug, increased 3.8 percent to a seasonally adjusted annual rate of 1.314 million units last month. Compared with the prior year, starts are up 8.5 percent.Single-family construction increased for the fifth consecutive month, rising 2.0 percent above the revised higher figure for September. These are up 8.2 percent from a year ago. September’s figures were revised upward to a seasonally adjusted annual rate of 1.266 million homes from 1.256 million. Permits defied expectations for a decline and instead surged much higher to a seasonally adjusted annual rate of 1.461 million. That is the highest level in at least 12 years, 5 percent higher than the revised upward September figure and 14.1 percent higher than a year ago.
- Global telco M&A hits 12-year high following T-Mobile deal with Sprint
- Boys who plotted Columbine-style classroom massacre given 10 and 12 year sentences
- CSKA Moscow last played at Arsenal 12 years ago, and their defence is almost exactly the same…
- Pictured: The loaded, high-powered rifle a 12-year-old boy was caught carrying on street
- Paris Hilton reveals 12 year feud with Lindsay Lohan is still on and she’s not invited to her wedding
- Snow Patrol on course for first UK number one album in 12 years
- 12-year-old boy charged with burglary and possession of an offensive weapon
- Small claims cases hit six-year high as unpaid debts spiral in Northern Ireland
- Family 'increasingly concerned' for missing 12-year-old girl from Londonderry
- World's tallest 12-year-old is 6ft 2in and still growing
Housing Permits Surge to 12 Year High, Starts Rebound have 266 words, post on www.breitbart.com at November 19, 2019. This is cached page on Talk Vietnam. If you want remove this page, please contact us.
