Privately owned housing starts in August were at a seasonally adjusted annual rate of 1,126,000, according to the U.S. Census Bureau and the Department of Housing and Development. This is 3 percent below the revised July estimate of 1,161,000, but 16.6 percent above the August 2014 estimate of 966,000.
Single-family housing starts in August were at a rate of 739,000; 3 percent below the revised July figure of 762,000. The August rate for units in buildings with five units or more was 381,000.
Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,170,000. This is 3.5 percent above the revised July estimate of 1,130,000 and 12.5 percent above the August 2014 estimate of 1,040,000.
Single-family authorizations in August were at a rate of 699,000, 2.8 percent above the revised July figure of 680,000. Authorizations of units in buildings with five units or more were at a rate of 440,000 in August.
Privately owned housing completions in August were at a seasonally adjusted annual rate of 935,000. This is 6.1 percent below the revised July estimate of 996,000, but 3.3 percent above the August 2014 estimate of 905,000.
Single-family housing completions in August were at a rate 646,000; 1.6 percent above the revised July estimate of 636,000. The August rate for units in buildings with five units or more was 283,000.
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