Housing Starts, Permits and Builder Confidence Stabilize In Recent Surveys
December 27th, 2006 by
babygirl
Housing permits and starts in November were mixed when compared to October levels according to figures released this week by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The seasonally adjusted and annualized figure for permits authorizing housing units issued in November was 1,506,000. This was 3 percent below the revised October rate of 1,553,000 and 31.3 percent below the November 2005 estimate of 2,191,000. These permits included 1,144,000 permits for single family houses - also a drop of about 3 percent from October numbers. Read more
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Posted in Housing, Real Estate in USA, Analytics, Market Conditions |