November Housing Starts Dip 18.9% - Modern Distribution Management

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November Housing Starts Dip 18.9%

Source: U.S. Census Bureau and the Department of Housing and Urban Development
 
Privately-owned housing starts in November were at a seasonally adjusted annual rate of 625,000. This is 18.9% below the revised October estimate of 771,000 and is 47% below the revised November 2007 rate of 1,179,000. Single-family housing starts in November were at a rate of 441,000; this is 16.9% below the October figure of 531,000. The November rate for units in buildings with five units or more was 166,000.
 
Building Permits
Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 616,000. This is 15.6% below the revised October rate of 730,000 and is 48.1% below the revised November 2007 estimate of ...
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Source: U.S. Census Bureau and the Department of Housing and Urban Development
 
Privately-owned housing starts in November were at a seasonally adjusted annual rate of 625,000. This is 18.9% below the revised October estimate of 771,000 and is 47% below the revised November 2007 rate of 1,179,000. Single-family housing starts in November were at a rate of 441,000; this is 16.9% below the October figure of 531,000. The November rate for units in buildings with five units or more was 166,000.
 
Building Permits
Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 616,000. This is 15.6% below the revised October rate of 730,000 and is 48.1% below the revised November 2007 estimate of 1,187,000.
 
Single-family authorizations in November were at a rate of 412,000; this is 12.3% below the October figure of 470,000. Authorizations of units in buildings with five units or more were at a rate of 182,000 in November.
 
Housing Completions
Privately-owned housing completions in November were at a seasonally adjusted annual rate of 1,084,000. This is 3.3% above the revised October estimate of 1,049,000, but is 22.8% below the revised November 2007 rate of 1,404,000.
 
Single-family housing completions in November were at a rate of 760,000; this is 0.9% above the October figure of 753,000. The November rate for units in buildings with five units or more was 301,000.

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