US Building Permits Unexpectedly Rise

US Building Permits Unexpectedly Rise

US Building Permits Unexpectedly Rise


Building permits in the United States rose by 1.1% to a seasonally adjusted annual rate of 1.487 million in October 2023, up from September's 1.471 million, preliminary data showed. The number of building permits continues to be supported by the persistent scarcity of available homes in the market, despite the simultaneous rise in borrowing costs.


Syed Abdullah SHAH

+971544708771


#buildingpermits

#US #unitedstates

#october #2023

#newhomesales

#costofliving

#monthlyrise

#usd #usdollar #dollar



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