20 September 2012

• U.S. Housing Starts and Building Permits – August 2012


Building Permits: Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 803,000. This is 1.0 percent (±1.2%) below the revised July rate of 811,000, but is 24.5 percent (±1.7%) above the August 2011 estimate of 645,000.

Single-family authorizations in August were at a rate of 512,000; this is 0.2 percent (±0.8%) above the revised July figure of 511,000. Authorizations of units in buildings with five units or more were at a rate of 263,000 in August.

Housing Starts: Privately-owned housing starts in August were at a seasonally adjusted annual rate of 750,000. This is 2.3 percent (±10.2%) above the revised July estimate of 733,000 and is 29.1 percent (±12.8%) above the August 2011 rate of 581,000.

Single-family housing starts in August were at a rate of 535,000; this is 5.5 percent (±10.4%) above the revised July figure of 507,000. The August rate for units in buildings with five units or more was 208,000.

Source: USDOC-Census


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