U.S. Department of Commerce
Economics and Statistics Administration
BUREAU OF THE CENSUS
Note: Total includes units started in structures with two to four units.
CURRENT CONSTRUCTION REPORTS
Questions regarding these data may be directed to Erica Filipek, Residential Construction Branch, Telephone 301-457-4703.
For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.
Seasonally adjusted annual rate
4–month moving average
New Privately Owned Housing Units Started
Seasonally adjusted annual rate in thousands
In structures with
In structures with
five units or more
Issued September 1997
Source: U.S. Bureau of the Census, Housing Starts.
HOUSING STARTS AND BUILDING PERMITS
Privately owned housing starts in August 1997 were
at a seasonally adjusted annual rate of 1,363,000; this is
5 (±5) percent below the revised July rate of 1,432,000
and 10 (±5) percent below the August 1996 rate of
Single-family housing starts in August 1997 were at a
rate of 1,072,000; this is 5 (±5) percent below the July
figure of 1,128,000. TheAugust rate for units in buildings
with five units or more was 253,000. The August rate for
units in buildings with two to four units was 38,000.
During the first 8 months of this year, 972,500 hous-
ing units were started compared with 1,012,700 units for
the same period in 1996. This is a decrease of 4 (±1)
New privately owned housing construction was autho-
rized in August in the 19,000 permit-issuing places at a
seasonally adjusted annual rate of 1,391,000; this is 2
(±1) percent below the revised July rate of 1,414,000
and 1 (±1) percent below the August 1996 figure of
Single-family authorizations in August 1997 were at a
rate of 1,027,000, this is virtually unchanged (±1 per-
cent) from the July figure of 1,030,000. Authorizations
of units in buildings with five units or more were at a rate