Housing Economics - 01/22/2009 (Plain Text Version)

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In this issue:
Housing Starts Fall to Lowest Level on Record
National Outlook
Special Study: Economic Effects of a Policy to Stimulate Home Buying
Housing Market Statistics At-A-Glance

Housing Starts Fall to Lowest Level on Record

Housing starts fell 16 percent in December to an annual rate of 550,000 units that was the lowest on record. For all of 2008, total starts dropped 33 percent to 904,300, down from the previous year's 1.335 million. Building permits fell 11 percent in December to a 549,000 annual rate.

Housing Starts and Building Permits for January 2009
	DATE	CURRENT		LAST	% Change	Download Starts and Permits
Starts	01/22/2009	550Th		651Th	- 15.5%
Permits	01/22/2009	549Th		615Th	- 10.7%

Housing starts fell 16 percent in December to an annual rate of 550,000 units that was the lowest on record. For all of 2008, total starts dropped 33 percent to 904,300, down from the previous year's 1.335 million. Building permits fell 11 percent in December to a 549,000 annual rate.

Download data for Housing Starts & Permits.

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