HUD and Commerce Say Housing Starts Drop Slightly

The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) issued their August report on housing permits and starts on Tuesday.

The New Residential Construction report showed housing starts down 1.3 percent from the July figure which was itself adjusted downward from preliminary estimates released in late August.

Housing starts for August are preliminarily projected at 2,009,000 compared with July’s adjusted figure of 2,035,000. The original July projection was for 2,167,000 units.

This entry was posted on Thursday, September 22nd, 2005 at 11:50 pm and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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