Tagged: Housing Permits

Permits, completions also rise as market enters 'prime season'

Increase 2.2% from March, but number of units under construction not enough to fill inventory void.

Starts down 0.8% from February and down 17% from a year earlier.

Backlog of homes being completed even as builder confidence continues to fall.

Construction of new multifamily units rose nearly 29% in August from July; single-family starts rose 3.4%.