Housing Starts Unexpectedly Fall in September, but Building Permits Hold Up

During September, builders pared back their starts on new housing as mortgage rates continue to climb. Building permits, though, were relatively flat compared with August, indicating that construction could pick up in months ahead U.S. housing starts fell 5.9% M/M</

During September, builders pared back their starts on new housing as mortgage rates continue to climb.

Building permits, though, were relatively flat compared with August, indicating that construction could pick up in months ahead

U.S. housing starts fell 5.9% M/M

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