Builders also sought fewer permits in August, with the seasonal annual annual rate of up to 1.312 million, a decrease of 3.7% compared to July and 11.1% per year. Both Single Family (856,000 units) and Multi-Family (403,000 units) reported decreases, including 11.5% and 10.5% annual decreases, respectively. “Building permits have now been at the lowest […]
