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Home » September Housing Starts Fall 10.2% from August

September Housing Starts Fall 10.2% from August

October 24, 2007
More about:  Building Materials/Construction,  Economy,  U.S.
Housing starts in September were at a seasonally adjusted annual rate of 1,191,000, 10.2% below the revised August estimate and 30.8% below the revised September 2006 rate.
  ;
Single-family housing starts were 1.7% below the August rate.
  ;
Year-to-Date Percent Change



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Housing starts in September were at a seasonally adjusted annual rate of 1,191,000, 10.2% below the revised August estimate and 30.8% below the revised September 2006 rate.
  ;
Single-family housing starts were 1.7% below the August rate.
  ;
Year-to-Date Percent Change




























  ;

U.S.
Northeast
Midwest
South
West

Housing Starts
-25.2
-14.5
 PADDING-LEFT: 5.4pt; BORDER-LEFT-COLOR: #d4d0c8; PADDING-BOTTOM: 0in; WIDTH: 66.65pt; BORDER-TOP-COLOR: #d4d0c8; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid; BACKGROUND-COLOR: transparent" valign="top" width="89">
-26.5
-25.7
-27.1

Permits
-25.3

-16
-26
-26.2
-26.3

  ;
Housing units authorized by building permits in September were at a seasonally adjusted annual rate of 934,000 were 7.3% below the revised August rate and 25.9% below the revised September 2006 rate.
  ;
Single-family authorizations were 7.1% below the August rate.
  ;
Housing completions in September were at a seasonally adjusted annual rate of 1,391,000, 8.2% below the revised August estimate and 31.1% below the September 2006 rate.
  ;
Single-family completions were 11.6% below the August rate.
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