(10-19-21) The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for September 2021: Building Permits – Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,589,000. This is 7.7 percent (±0.9 percent) below the revised August rate of 1,721,000, but is virtually unchanged from (±1.1 percent)* the September 2020 rate of 1,589,000. Single‐family authorizations in September were at a rate of 1,041,000; this is 0.9 percent (±0.8 percent) below the revised August figure of 1,050,000. Authorizations of units in buildings with five units or more were at a rate of 498,000 in September. Housing Starts – Privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,555,000. This is 1.6 percent (±11.4 percent)* below the revised August estimate of 1,580,000, but is 7.4 percent (±13.0 percent)* above the September 2020 rate of 1,448,000. Single‐family housing starts in September were at a rate of 1,080,000; this is virtually unchanged from (±8.4 percent)* the revised August figure of 1,080,000. The September rate for units in buildings with five units or more was 467,000. Housing Completions – Privately‐owned housing completions in September were at a seasonally adjusted annual rate of 1,240,000. This is 4.6 percent (±9.0 percent)* below the revised August estimate of 1,300,000 and is 13.0 percent (±9.1 percent) below the September 2020 rate of 1,426,000. Single‐family housing completions in September were at a rate of 953,000; this is virtually unchanged from (±11.7 percent)* the revised August rate of 953,000. The September rate for units in buildings with five units or more was 280,000.
Housing Starts and Permitting (10-19-21)
- Economic Monthly Summaries, Housing Starts and Permitting
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