Source: U.S. Census Bureau
Building Permits
Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,068,000. This is 8.1 percent below the revised November rate of 1,162,000 and is 34.4 percent below the revised December 2006 estimate.
Single-family authorizations in December were at a rate of 692,000; this is 10.1 percent below the November figure of 770,000. Authorizations of units in buildings with five units or more were at a rate of 322,000 in December.
An estimated 1,376,100 housing units were authorized by building permits in 2007. This is 25.3 percent below the 2006 figure.
Housing Starts
Privately-owned housing starts in December …
2007 Housing Starts Down Nearly 25%
Source: U.S. Census Bureau
Building Permits
Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,068,000. This is 8.1 percent below the revised November rate of 1,162,000 and is 34.4 percent below the revised December 2006 estimate.
Single-family authorizations in December were at a rate of 692,000; this is 10.1 percent below the November figure of 770,000. Authorizations of units in buildings with five units or more were at a rate of 322,000 in December.
An estimated 1,376,100 housing units were authorized by building permits in 2007. This is 25.3 percent below the 2006 figure.
Housing Starts
Privately-owned housing starts in December …
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