Housing Starts Fall to a 14 Year Low
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Housing Starts and Building Permits for September 2007 |
| |
DATE |
CURRENT |
LAST |
% Change |
Download Starts and Permits |
|
Starts |
10/17/2007 |
|
|
1.327M |
-10.2% |
|
|
Permits |
|
|
|
1.322M |
-7.3% |
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Total housing starts fell 10.2 percent in September 2007 to a 14-year low of 1.191 million, at a seasonally adjusted annual rate. Building permits dropped 7.3 percent from August to a 1.226 million unit pace in September. Single-family starts were down 1.7 percent for the month, while single-family permits declined 7.1 percent.
Read additional information and download data (Excel) for Housing Starts & Permits.
Related NAHB Press Releases:
• Builder Confidence Erodes Further in October (10/16)
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