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Apartment building leads gain in housing starts

Oct. 17, 2014 10:06 AM ETXHB, ITBBy: Stephen Alpher, SA News Editor2 Comments
  • September housing starts at a seasonally-adjusted rate of 1.017M were 6.3% higher than August and 17.8% higher than a year ago, with single-family starts up just 1.1% from August and volatile multi-family starts up a big 18.5%.
  • Building permits rose 1.5%, with single-family permits down 0.5% and multi-family up 7%.
  • Full report
  • Homebuilder ETFs: ITB +1.1%, XHB +1%
  • Previously: Housing Starts rise in September

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