US housing trends increased considerably overall in August 2024, according to US Census data. Revised housing starts were 1.356 million units (Seasonally Adjusted Annual Rate, SAAR), an increase of 9.6% from 1.237 million units in July (revised). In August, single-family starts were 0.992 million units, an increase of 15.8% month-over-month, up from 0.857 million and representing 73% of total starts (vs. 72% in August 2023). However, multi-family starts fell by 6.7% from 0.357 million units in July (revised) to 0.333 million in August. September US housing ...
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