Housing Starts and Permits Continue to Fall
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Housing Starts and Building Permits for July 2008 | |
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DATE |
CURRENT |
LAST |
% Change |
Download Starts and Permits | |
Starts |
10/17/2008 |
817Th |
 |
872Th |
- 6.3% |
 | |
Permits |
10/17/2008 |
786Th |
|
857Th |
- 8.3% |
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Total housing starts fell to a 25-year low in September 2008, falling 6.3 percent from the previous month to an annual rate of 872,000. Compared to one year earlier, starts were down by 31.1 percent. Building permits dropped 8.3 percent in September to 786,000. Construction of single-family homes contracted by 12 percent in September to 544,000, the fewest since February 1982. Work on multifamily units increased 7.5 percent to 273,000.
Download data for Housing Starts & Permits.
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