US monthly new residential construction, October 2025 | Metals Mine

  • US monthly new residential construction, October 2025

    From census.gov Story is in PDF Format

    Privately-owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,412,000. This is 0.2 percent below the revised September rate of 1,415,000 and is 1.1 percent below the October 2024 rate of 1,428,000. Single-family authorizations in October were at a rate of 876,000; this is 0.5 percent below the revised September figure of 880,000. Authorizations of units in buildings with five units or more were at a rate of 481,000 in October. Privately-owned housing starts in October were at a seasonally adjusted annual rate of 1,246,000. This is 4.6 percent (±11.2 percent)* ... (full story)

Added at 7:43am

  • US October housing starts 1.246m vs 1.325m expected

    From investinglive.com

    This is still old data as government shutdown in October delayed many key economic reports. The last report was in September where it showed housing starts falling to the lowest level since May 2025. There's been persistent housing market weakness due to high mortgage rates and softening labor market. Trump said in a Truth Social post today that he has ordered $200 billion in MBS purchases to lower mortgage rates. Trump said that large-scale MBS buying would narrow mortgage spreads, push borrowing costs lower, and reduce monthly mortgage payments. He described the move as part of a broader strategy to reverse what he ... (full story)

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