• U.S. New Residential Construction - November 2012

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Building Permits: Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 899,000. This is 3.6 percent (±1.1%) above the revised October rate of 868,000 and is 26.8 percent (±1.7%) above the November 2011 estimate of 709,000. Single-family authorizations in November were at a rate of 565,000; this is 0.2 percent (±0.8%) below the revised October figure of 566,000. Authorizations of units in buildings with five units or more were at a rate of 307,000 in November. Housing Starts: Privately-owned housing starts in November were at a seasonally adjusted annual rate of 861,000. This is 3.0 percent (±14.3%) below the revised October estimate of 888,000, but is 21.6 percent (±12.5%) above the November 2011 rate of 708,000. Single-family housing starts in November were at a rate of 565,000; this is 4.1 percent (±13.3%) below the revised October figure of 589,000. The November rate for units in buildings with five units or more was 285,000. Source: USDOC-Census

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