Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,142,000. This is 5.8 percent below the revised July estimate of 1,212,000, but is 0.9 percent above the August 2015 rate of 1,132,000.
Single-family housing starts in August were at rate of 722,000; this is 6 percent below the revised July figure of 768,000. The August rate for units in buildings with five units or more was 403,000.
Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,139,000. This is 0.4 percent below the revised July rate of 1,144,000 and is 2.3 percent below the August 2015 estimate of 1,166,000.
Single-family authorizations in August were at a rate of 737,000; this is 3.7 percent above the revised July figure of 711,000. Authorizations of units in buildings with five units or more were at a rate of 370,000 in August.
Privately owned housing completions in August were at a seasonally adjusted annual rate of 1,043,000. This is 3.4 percent below the revised July estimate of 1,080,000, but is 8.3 percent above the August 2015 rate of 963,000.
Single-family housing completions in August were at a rate of 752,000; this is 0.3 percent below the revised July rate of 754,000. The August rate for units in buildings with five units or more was 283,000.
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