Housing Starts



September 30, 2011 - 658,000
Builders began work on more U.S. homes than forecast in September on rising demand for apartments and condominiums as more Americans become renters, according to Business Week.
August 31, 2011 - 571,000
Housing starts dropped 5 percent to a three-month low 571,000 annual rate, Commerce Department figures showed. The median forecast in a Bloomberg News survey called for a 590,000 pace. Building permits, a proxy for future construction, unexpectedly climbed.
July 29, 2011 - 604,000
Privately-owned housing starts in July were at a seasonally adjusted annual rate of 604,000, 1.5 percent below the revised June estimate of 613,000, but 9.8 percent above the July 2010 rate of 550,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Single-family housing starts in July were at a rate of 425,000, 4.9 percent below the revised June figure of 447,000.
June 30, 2011 - 629,000
June housing starts in the United States jumped more than forecast as better weather allowed the struggling industry to break ground on delayed projects, according to Bloomberg. Work began on 629,000 houses at an annual pace, up 15 percent from May and the highest level in five months, figures from the Commerce Department showed today.
May 31, 2011 - 560,000
U.S. housing starts rose more than expected and permits for future construction touched a five month high in May, but recovery is fettered by a glut of pre-owned homes, according to Reuters.
April 29, 2011 - 523,000
April housing starts, which gauge new home construction, fell 10.6 percent from March, and this is in spite of an upward revision to March data, according to a Wall Street Journal blog. Recent Commerce Department numbers show that home construction fell again in April, indicating that housing may weigh down the economy for some time.
March 31, 2011 - 549,000
After a steep drop in February, housing starts bounced back in March to a seasonally adjusted annual rate of 549,000 units — a rise of 7.2 percent over February numbers, according to data from the U.S. Commerce Dept. Building permits were up even higher: 11.2 percent above February to 594,000 annual units.
January 31, 2011 - 596,000
The U.S. home building industry beat market forecasts in January, as housing starts rose 14.6 percent to a seasonally adjusted annual rate of 596,000 units — the highest level since September 2010, according to a U.S. Commerce Department report.
December 31, 2010 - 529,000
Housing starts declined in the last month of 2010, reaching their slowest pace since October 2009, new Commerce Department data show. The news was not all grim however—building permit issuance rose 16.7 percent in December 2010.
November 30, 2010 - 555,000
Privately-owned housing starts in November were at a seasonally adjusted annual rate of 555,000 — 3.9 percent above the revised October estimate, according to the Commerce Dept. Single-family housing starts in November were at an annual rate of 465,000, up 6.9 percent from the revised October figure of 435,000. The November rate for units in buildings with five units or more was 72,000.
September 30, 2010 - 610,000
Housing starts unexpectedly rose 0.3 percent in September, signaling that the real estate market may be stabilizing despite the new foreclosure crisis, the Commerce Department reported. The annual rate rose to 610,000, the most since April and slightly higher than the revised 608,000 rate in August.

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