US Housing Starts Ease in September 2024 on Decline in Multifamily Construction - Bloomberg

US housing starts eased in September as a drop in multifamily projects outweighed a pickup in construction of single-family dwellings.

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Friday, after a big rebound in August. The September figure was in line with the median projection in a Bloomberg survey of economists.