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October US Housing Starts, Permits Both Decline

BY MT Newswires | ECONOMIC | 08:44 AM EST

08:44 AM EST, 01/09/2026 (MT Newswires) -- October housing starts fell by 4.6% from the previous month to a 1.246 million annual rate, below expectations compiled by Bloomberg for a 1.33 million rate after an increase to a 1.306 million pace in September.

Building permits fell by 0.2% to a 1.412 million rate in October, above the 1.35 million annual rate expected and following an increase to a 1.415 million rate in September. Homes permitted but not started increased, so the outlook is mixed for starts next month.

Home completions rose by 1.1% to a 1.386 million rate after a decline to a 1.371 million rate in the previous month. Completions were down 15.3% year-over-year.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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