The dollar value of housing starts in October jumped 6% to a seasonally adjusted $289.6 billion, according to Dodge Data & Analytics. This uptick follows a 3% decline in September. Dodge reports that single-family housing increased in all five major regions it tracks: South Central, up 10%; the Midwest, up 9%; the Northeast, up 6%; the West, up 4%; and South Atlantic, up 3%. Multifamily housing rose 5% after an 18% slide in September. There were 11 multifamily projects valued at $100 million or more started in October.
Housing Starts Jump 6% in October
November 23, 2016