US building permits edged down 0.3% in October 2025 to a seasonally adjusted annualized rate of 1.411 million, broadly in line with the preliminary estimate of 1.412 million and slightly below September’s 1.415 million. Single-family permits fell 0.2% to 878,000, while permits for buildings with five or more units also declined 0.2% to 478,000. Regionally, permits dropped in the South (-3.6% to 729,000) and the Midwest (-2.5% to 198,000), remained unchanged in the Northeast (147,000), but surged 9.1% in the West to 337,000.