Multifamily Hurts Housing Permits, Completions

Although there was a month-over-month improvement in the pace of single-family housing permits and completions, apartment activity declined.

Permits were authorized on a preliminary 100,500 privately owned U.S. housing units during September in places that issue permits.

Last month’s permit activity brought to 953,300 the number of housing permits that were issued from Jan. 1, 2017, through the end of last month.

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From:: Financing