Sunday, August 21, 2011

Housing Starts: New Privately Owned Housing Units Started (Chart, 8-19)


Privately owned housing starts in July were at a seasonally adjusted annual rate of 604,000.

By Bob DeMarco
All American Investor

This is 1.5 percent (±10.7%) below the revised June estimate of 613,000, but is 9.8 percent (±10.8%)* above the July 2010 rate of 550,000.

Single-family housing starts in July were at a rate of 425,000; this is 4.9 percent (±8.9%)* below the revised June figure of 447,000.

The July rate for units in buildings with five units or more was 170,000




Source(s): U.S. Department of Commerce: Census Bureau
Release: New Residential Construction
Units: Thousands of Units
Frequency: Monthly




Original content Bob DeMarco, All American Investor