Industry NewsMarkets & Economy

Housing starts up 82 percent from 2009 trough

Builder confidence also up for 6th month in a row
Published on Oct 17, 2012

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by CareyBot

Housing starts reached their highest level in more than four years in September, according to the latest numbers from the Census Bureau.

Builders started construction on new homes and apartment units at a seasonally adjusted annual rate of 872,000 units in September. That's up 15 percent from August and 34.8 percent from a year ago, and the fastest pace of new housing construction since July 2008.

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