August Housing Starts: Record Number of Housing Units Under Construction

Housing Starts Increased to 1.575 million Annual Rate in August

From the Census Bureau: Permits, Starts and Completions

Housing Starts:

Privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,575,000. This is 12.2 percent above the revised July estimate of 1,404,000, but is 0.1 percent below the August 2021 rate of 1,576,000. Single‐family housing starts in August were at a rate of 935,…