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Building Permits Hold Steady Despite Slide in Housing Starts
Residential construction failed to find even footing in September, with housing starts declining and single-family building permits pulling back, while total permits held nearly steady and completions edged higher. This week's Census Bureau data highlights weakness in new construction, particularly on the single-family side, while starts and completions were comparatively stable. Privately owned housing starts fell 5.2% to a seasonally adjusted annual rate of 1.221 million , down 7.4% from September 2025. Single-family starts declined 4.6% to 859k , and multi-family came in at 349k . Building