Building Permits Doink (Chart)

BUILDING PERMITS

Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 513,000.

This is 9.0 percent (±4.1%) below the revised February rate of 564,000 and is 45.0 percent (±4.1%) below the March 2008 estimate of932,000.


Single-family authorizations in March were at a rate of 361,000; this is 7.4 percent (±3.5%) below the revised February figure of390,000. Authorizations of units in buildings with five units or more were at a rate of 132,000 in March.

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TML - If we could have the growth we had from 1992 to 2007 all over again, that would be nice.