The annual pace of building permits rose last month, but multifamily activity dragged down housing starts. The West overcame a national slump in completed construction.
In places where building permits are issued, there were 107,600 U.S. permits handed out for the construction of new privately owned housing units during September.
The number of permits dipped from a month prior, when there were an upwardly revised 108,400. But permits rose from an upwardly revised 98,300 issued a year prior.
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From:: Financing