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 2017:

New U.S. Building Permits

Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,215,000.

  • 4.5% (±1.6 percent) below the revised August rate of 1,272,000 and is 4.3% (±1.7 percent) below the September 2016 rate of 1,270,000.
  • Single-family authorizations in September were at a rate of 819,000; this is 2.4% (±1.7 percent) above the revised August figure of 800,000.
  • Authorizations of units in buildings with five units or more were at a rate of 360,000 in September.
residential U.S. construction starts 09.17
Privately-owned September 2017 U.S. housing building permits were at a seasonally adjusted annual rate of 1,215,000.

September 2017 Housing Starts

Privately-owned new U.S. housing starts in September were at a seasonally adjusted annual rate of 1,127,000.

  • 4.7% (±8.1 percent)* below the revised August estimate of 1,183,000, but is 6.1% (±8.8 percent)* above the September 2016 rate of 1,062,000.
  • Single-family housing starts in September were at a rate of 829,000; this is 4.6% (±8.5 percent)* below the revised August figure of 869,000.
  • The September rate for units in buildings with five units or more was 286,000.

U.S. Housing Completions

Privately-owned housing completions in September 2017 were at a seasonally adjusted annual rate of 1,109,000.

  • 1.1% (±12.4 percent)* above the revised August estimate of 1,097,000 and is 10.3% (±11.9 percent)* above the September 2016 rate of 1,005,000.
  • Single-family housing completions in September were at a rate of 781,000; this is 4.6% (±11.4 percent)* above the revised August rate of 747,000.
  • The September rate for units in buildings with five units or more was 322,000.

The October Residential Construction report is anticipated on November 17, 2017.