Tuesday, 30 November 2021 | The Latest Buzz for the Appraisal Industry

Housing Starts Dipped in August

Housing starts continued to disappoint in September, decreasing 1.6% compared with August to an annual pace of 1.555 million, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.

Year-over-year, housing starts were up 7.4%.

Starts of single-family, detached homes were at an annual rate of 1.08 million, flat compared with August.

Starts of multifamily dwellings (five units or more per building) were at an annual rate of

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