Housing Economics - 10/17/2007 (Plain Text Version)

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In this issue:
The Seiders' Report: Housing Contraction Broadens & Deepens
Housing Starts Fall to a 14 Year Low
Local Vacancy Rates
Quick Read: Housing Market Statistics
Executive-Level Housing Forecast Available for Download
Download Building Permits & Employment Data by Metro Areas
Watch for the New State Forecast for 2008-2009 on Tuesday, October 23
For a Limited Time: Free Web Cast Access with a Multiple-License Subscription

Housing Starts Fall to a 14 Year Low

Housing Starts and Building Permits for September 2007

DATE

CURRENT

LAST

% Change

Download Starts and Permits

Starts

10/17/2007

1.191M

1.327M

-10.2%

Permits

10/17/2007

1.226M

1.322M

-7.3%

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)