![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSVPbho52Th7CaUYCF5kZv0XyP1o7hTuPDE9zyi2bCNkCXwcd4e0K2IYKhcS-4mNWNMdrGSEkG3KrQLznmy4qsbWktxG4ncPwn7Qlp4dWe2Ly-R8q4yOpzXvJhqw8xsq_g6n5m/s280/bubbleconst.jpg)
Single family housing permits, the most leading of indicators, increased 0.8% from September to 620K single family units (SAAR), and increased 8.8% above the level seen in October 2012 but still remained well below levels seen at the peak in September 2005.