In September, marking the third time this year, total housing starts hit the far side of the million mark, advancing 6.3 percent to a seasonally annual adjusted rate (SAAR) of 1.017 million, according to numbers released by the Census Bureau and the U. S. Dept. of Housing and Urban Development (HUD).

Overall, loansafe  tells MHProNews  that housing starts were up in all four regions: The Northeast, Midwest, South and West notched respective gains of 5.3 percent, 3.5 percent, 4.2 percent and 13.9 percent.

Also in September, issuance of building permits posted a 1.5 percent increase to a SAAR of 1,018 million units: Multifamily rose 4.8 percent to 394,000 units, while single-family slipped minus 0.5 percent to 624,000 units.

As MHProNews reported in an earlier post, manufactured housing production continues to increase monthly.  ##

(Editor’s note: a related topic that asks why manufactured housing isn’t selling more, among other hot leadership issues, is linked here. An MH Association executive on the same subject, linked here.)

(Photo credit: nakedphilly – house under construction in Philadelphia)

(Submitted by Matthew J. Silver to the Daily Business News-MHProNews)