Housing Economics - 05/19/2009 (Plain Text Version)

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In this issue:
Housing Starts And Permits Down In April
National Outlook
Housing Market Statistics At-A-Glance

Housing Starts And Permits Down In April

Total housing starts declined 13% in April to an annual rate of 458,000, led by a large 46% contraction in multifamily starts (to 90,000). However, single-family starts, which account for approximately 80% of total output, increased 3% from March to a seasonally adjusted 368,000. Building permits, a sign of future production, fell 3.13% in April to 494,000, seasonally adjusted.

Housing Starts and Building Permits for March 2009
	DATE	CURRENT		LAST	% Change	Download Starts and Permits
Starts	05/19/2009	458Th		525Th	-12.8%
Permits	05/19/2009	494Th		511Th	-3.3%

Total housing starts declined 13% in April to an annual rate of 458,000, led by a large 46% contraction in multifamily starts (to 90,000). However, single-family starts, which account for approximately 80% of total output, increased 3% from March to a seasonally adjusted 368,000. Building permits, a sign of future production, fell 3.13% in April to 494,000, seasonally adjusted.

Download data for Housing Starts & Permits.

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