U.S. single-family homebuilding rebounded ⁠in October, but permits for future construction eased, signaling caution among builders as new housing inventory remains high ‍and demand soft.

Single-family ‍housing starts, which account for the bulk of homebuilding, ⁠increased 5.4% to a seasonally adjusted annual rate of 874,000 units ​in October, the Commerce Department's Census Bureau said Friday. Starts dropped ‍to a pace of 829,000 units in ⁠September from a 869,000-unit pace in August.

The reports were delayed by the 43-day government shutdown. Builders are ⁠also being ​constrained by ⁠higher building and labor costs because of ‍import tariffs and an immigration crackdown.

Permits for ‌future single-family homebuilding fell 0.5% to a rate of 876,000 units in ⁠October. ​They increased ‍to a pace of 880,000 units in September from ‍a 858,000-unit rate in August.