U.S. housing starts rise, permits flat

WASHINGTON — The U.S. Census Bureau reported that U.S. housing starts for October were at a seasonally adjusted annual rate of 1.53 million, a 4.9 percent increase from September. Wall Street had estimated a pace of 1.46 million. Single-family starts rose to 1.179 million. Building permits for the month were unchanged from September’s revised pace of 1.545 million, falling short of the estimated 1.567 million.