Housing Starts Jump 12.3% in August

August housing starts increased 12.3% from July, growing to a seasonally adjusted annual rate of 1.36 million, according to the U.S. Census Bureau.

Housing starts were up 6.6% year-over-year.

Building permits issued in August increased 7.7% from July (up 12.0% from August 2018), and housing completions grew 2.4% (up 5.0% from August 2018).

The full U.S. Census Bureau report can be found here.

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