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Single-family housing starts in March were at a rate of 531,000; this is 0.9 percent below the revised February figure of 536,000. The March rate for units in buildings with five units or more was 88,000.
Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 685,000, 7.5 percent above the revised February rate of 637,000 and is 34.1 percent above the March 2009 estimate of 511,000.
Single-family authorizations in March were at a rate of 543,000, 5.6 percent above the revised February figure of 514,000. Authorizations of units in buildings with five units or more were at a rate of 120,000 in March.
Privately-owned housing completions in March were at a seasonally adjusted annual rate of 656,000. This is 3.1 percent below the revised February estimate of 677,000 and is 21.2 percent below the March 2009 rate of 833,000. Single-family housing completions in March were at a rate of 486,000; this is 5.9 percent above the revised February rate of 459,000. The March rate for units in buildings with five units or more was 161,000.
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