1995 - present April 2008

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1995 - present April 2008 Powered By Docstoc
					FOR IMMEDIATE RELEASE FRIDAY, MAY 16, 2008 AT 8:30 A.M. EDT
CB08-80 Erica Filipek or Raemeka Mayo Manufacturing and Construction Division (301) 763-5160

NEW RESIDENTIAL CONSTRUCTION IN APRIL 2008
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for April 2008:

BUILDING PERMITS
Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 978,000. This is 4.9 percent (±1.2%) above the revised March rate of 932,000, but is 34.3 percent (±1.4%) below the revised April 2007 estimate of 1,489,000. Single-family authorizations in April were at a rate of 646,000; this is 4.0 percent (±1.4%) above the March figure of 621,000. Authorizations of units in buildings with five units or more were at a rate of 294,000 in April.

HOUSING STARTS
Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,032,000. This is 8.2 percent (±14.5%)* above the revised March estimate of 954,000, but is 30.6 percent (±6.7%) below the revised April 2007 rate of 1,487,000. Single-family housing starts in April were at a rate of 692,000; this is 1.7 percent (±11.7%)* below the March figure of 704,000. The April rate for units in buildings with five units or more was 326,000.

HOUSING COMPLETIONS
Privately-owned housing completions in April were at a seasonally adjusted annual rate of 1,000,000. This is 16.0 percent (±8.4%) below the revised March estimate of 1,190,000 and is 34.9 percent (±5.9%) below the revised April 2007 rate of 1,535,000. Single-family housing completions in April were at a rate of 792,000; this is 13.0 percent (±8.9%) below the March figure of 910,000. The April rate for units in buildings with five units or more was 181,000. New Residential Construction data for May 2008 will be released on Tuesday, June 17, 2008, at 8:30 A.M. EDT. Our Internet site is: http://www.census.gov/newresconst http://www.census.gov/newresconst EXPLANATORY NOTES
In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take 3 months to establish an underlying trend for building permit authorizations, 4 months for total starts, and 6 months for total completions. The statistics in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated relative standard errors of the most recent data are shown in the tables. Whenever a statement such as “2.5 percent (±3.2%) above” appears in the text, this indicates the range (-0.7 to +5.7 percent) in which the actual percent change is likely to have occurred. All ranges given for percent changes are 90-percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percent changes shown in the tables. On average, the preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised about one percent. Explanations of confidence intervals and sampling variability can be found on our web site listed above.

Unadjusted estimates of housing units authorized by building permits for January through December 2007 have been revised. Also, seasonally adjusted estimates of housing units authorized by building permits, started, under construction and completed for January 2006 through March 2008 have been revised.
* 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

Table 1. New Privately-Owned Housing Units Authorized in Permit-Issuing Places
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Seasonally adjusted annual rate
2006: r January February March April May June July August September October November December 2007: r January February March April May June July August September October November December 2008: Januaryr Februaryr Marchr

2,212 2,141 2,118 1,998 1,905 1,867 1,763 1,722 1,655 1,570 1,535 1,638 1,585 1,580 1,578 1,489 1,522 1,433 1,386 1,343 1,277 1,182 1,187 1,111 1,052 981 932

1,689 1,643 1,551 1,496 1,450 1,393 1,307 1,282 1,218 1,175 1,163 1,198 1,138 1,118 1,135 1,078 1,063 1,016 997 928 870 811 767 714 675 646 621

101 85 83 78 81 72 78 77 72 69 58 72 74 73 72 61 64 56 57 55 50 48 53 56 43 40 37

422 413 484 424 374 402 378 363 365 326 314 368 373 389 371 350 395 361 332 360 357 323 367 341 334 295 274

211 205 211 184 167 172 172 166 164 152 147 172 186 142 163 162 148 155 155 147 138 145 126 134 126 105 111

128 125 120 115 100 101 97 97 94 95 90 94 99 80 90 89 87 87 85 86 79 76 70 71 68 66 60

350 354 323 283 288 286 277 272 248 238 234 246 261 207 238 226 230 223 208 197 205 185 192 166 180 130 126

265 265 242 228 222 206 204 194 186 181 172 179 172 151 174 167 170 165 154 150 145 133 131 116 112 97 93

1,090 1,030 1,070 1,017 953 929 898 871 837 808 801 831 760 817 768 735 775 718 686 640 636 554 594 560 539 504 502

862 839 810 768 766 727 696 680 646 630 627 648 583 602 580 557 549 516 513 476 457 415 406 378 365 350 340

561 552 514 514 497 480 416 413 406 372 353 389 378 414 409 366 369 337 337 359 298 298 275 251 207 242 193

434 414 379 385 362 359 310 311 292 269 274 277 284 285 291 265 257 248 245 216 189 187 160 149 130 133 128

Aprilp
Average RSE (%)1

978
1

646
1

38
4

294
2

109
3

60
3

160
3

110
4

493
1

344
1

216
1

132
2

Percent Change: April 2008 from March 2008 90% Confidence Interval
2

4.9% ± 1.2 -34.3% ± 1.4

4.0% ± 1.4 -40.1% ± 1.1

2.7% ± 2.5 -37.7% ± 3.4

7.3% ± 1.9 -16.0% ± 3.7

-1.8% ± 1.9 -32.7% ± 6.4

0.0% ± 2.5 -32.6% ± 8.4

27.0% ± 4.7 -29.2% ± 5.0

18.3% ± 5.5 -34.1% ± 5.9

-1.8% ± 2.0 -32.9% ± 1.6

1.2% ± 2.3 -38.2% ± 1.9

11.9% ± 2.1 -41.0% ± 1.2

3.1% ± 2.6 -50.2% ± 1.5

April 2008 from April 2007 90% Confidence Interval 2

See footnotes at end of table.

Table 1. New Privately-Owned Housing Units Authorized in Permit-Issuing Places - Con.
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Not seasonally adjusted
2006 2007r RSE (%)
3 2007: First 4 months First 4 months3 2008:

1,838.9 1,398.4 (X) 493.7 319.9 1

1,378.2 979.9 (X) 361.2 211.6 1

76.6 59.6 (X) 21.2 12.0 3

384.1 359.0 (X) 111.3 96.3 (Z)

174.6 150.6 (X) 48.0 32.9 3

103.4 83.7 (X) 26.6 18.4 4

279.4 211.7 (X) 67.8 44.1 2

209.3 153.8 (X) 49.5 30.1 2

929.7 692.2 (X) 252.6 173.7 1

726.2 507.5 (X) 193.2 119.7 1

455.2 343.9 (X) 125.3 69.2 1

339.3 234.9 (X) 91.8 43.4 1

RSE (%)

Year to Date Percent Change 4 90% Confidence Interval 2
2006: January February March April May June July August September October November December 2007:r January February March April May June July August September October November December 2008: January February Marchr

-35.2% ± 0.9
152.6 151.0 194.2 168.6 184.4 184.2 148.0 161.2 136.6 133.1 111.4 113.6 114.1 112.1 139.4 130.9 146.0 135.6 122.5 126.0 100.5 103.8 89.5 77.8 75.9 73.4 77.4

-41.4% ± 1.1
114.3 115.6 146.7 130.8 144.5 139.3 111.6 121.5 97.7 98.0 82.2 76.0 80.3 79.4 103.4 98.6 106.6 97.2 89.8 87.5 66.6 70.7 54.7 45.2 47.5 47.5 53.6

-43.4% ± 3.0
6.6 5.7 7.5 6.3 7.8 7.0 6.7 7.4 6.0 6.0 4.6 5.0 5.0 4.9 6.3 5.2 6.1 5.2 5.2 5.2 3.9 4.3 4.3 4.0 2.8 2.8 3.0

-13.5% ± 1.1
31.7 29.7 40.0 31.5 32.1 38.0 29.7 32.3 32.8 29.1 24.6 32.6 28.8 27.9 29.8 27.2 33.3 33.3 27.5 33.3 30.0 28.8 30.5 28.7 25.6 23.0 20.8

-31.5% ± 5.3
12.6 11.9 17.2 15.6 16.5 17.7 15.8 16.0 13.9 13.6 11.7 12.1 12.0 8.2 12.8 14.4 14.1 15.5 14.5 14.3 11.2 13.7 10.1 9.8 8.0 6.4 8.4

-30.8% ± 7.1
7.6 6.9 10.4 10.0 10.4 10.5 8.8 9.5 8.0 8.7 6.6 6.0 6.1 4.4 7.4 8.3 9.0 8.4 8.3 8.4 6.4 7.2 5.2 4.6 4.2 3.8 4.7

-34.9% ± 2.8
18.5 20.7 27.3 25.4 29.7 28.5 24.6 27.3 22.2 22.7 17.8 14.7 14.5 12.1 19.4 20.9 23.7 21.5 19.9 19.0 17.7 18.0 14.9 10.0 10.1 7.9 9.9

-39.2% ± 3.4
13.3 14.5 21.3 21.2 23.7 21.4 18.5 19.3 16.3 17.2 12.9 9.6 9.0 8.1 14.7 16.2 18.3 16.4 14.8 14.7 12.2 13.2 9.9 6.2 5.9 5.3 7.5

-31.3% ± 0.7
83.7 78.2 101.6 85.0 89.8 89.6 73.2 80.1 65.7 66.2 56.7 59.9 60.0 61.6 70.8 64.1 73.1 65.6 59.3 59.1 47.8 45.9 44.3 40.4 43.0 40.3 43.2

-38.0% ± 0.8
64.3 64.5 78.5 65.9 73.5 70.7 57.6 63.6 50.2 50.7 43.8 42.8 45.0 46.4 54.5 49.8 53.1 47.9 44.8 44.3 33.7 34.5 28.8 24.9 28.2 28.5 30.2

-44.8% ± 1.0
37.8 40.3 48.1 42.6 48.4 48.5 34.4 37.8 34.7 30.6 25.3 26.9 27.5 30.2 36.5 31.6 35.1 33.0 28.8 33.5 23.8 26.2 20.2 17.6 14.8 18.8 15.9

-52.8% ± 1.3
29.0 29.7 36.6 33.7 36.9 36.7 26.7 29.1 23.2 21.4 18.8 17.6 20.2 20.5 26.8 24.2 26.2 24.4 21.9 20.1 14.3 15.9 10.8 9.6 9.2 9.9 11.2

Aprilp
Average RSE (%)1

89.0
1

62.3
1

3.3
4

23.4
2

9.8
3

5.7
3

16.0
3

11.5
4

43.7
1

32.4
1

19.5
1

12.8
2

p

Preliminary. rRevised. RSE Relative standard error. S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards. X Not applicable. Z Relative standard error is less than 0.5 percent. Average RSE for the latest 6-month period. Reflects revisions not distributed to months.
2 4

1 3

See the Explanatory Notes in the accompanying text for an explanation of 90% confidence intervals Computed using unrounded data.

Table 2. New Privately-Owned Housing Units Authorized, but Not Started, at End of Period
[Not seasonally adjusted. Thousands of units. Detail may not add to total because of rounding]

United States
Period Total
2006: January February March April May June July August September October November December 2007: January February March April May June July August September October November December 2008: January February March
r r

Northeast
5 units or more
48.8 52.4 56.0 56.6 56.8 57.4 58.9 64.4 60.1 57.5 56.9 57.3 60.5 64.3 68.7 65.7 74.4 75.1 72.9 69.0 70.3 64.7 63.2 69.3 70.7 65.3 65.0

Midwest

South

West

In structures with -1 unit
156.9 152.6 167.6 169.7 165.7 169.8 150.7 157.4 136.9 136.9 129.9 126.2 131.4 130.3 138.0 132.0 131.8 125.5 115.3 119.4 113.1 107.2 107.0 103.2 105.3 104.9 99.9

2 to 4 units
9.9 9.9 10.5 9.3 8.6 11.4 7.8 7.9 8.2 7.1 7.5 6.5 7.9 7.1 9.0 9.2 7.4 7.9 8.4 7.3 6.7 5.8 5.0 5.9 6.0 6.4 5.8

Total
27.4 27.3 30.8 29.0 27.2 23.1 23.4 23.6 23.7 24.8 23.9 23.0 23.0 22.3 25.7 24.9 23.0 22.8 22.4 25.7 22.5 20.7 19.6 20.8 20.7 19.6 18.9

1 unit
13.3 14.8 17.0 16.2 15.0 15.4 15.6 14.9 13.4 15.0 13.4 12.2 12.2 12.0 13.1 13.6 13.4 11.7 10.7 12.4 12.3 10.9 10.6 10.3 9.7 9.8 10.0

Total
28.6 30.3 34.8 31.3 31.9 29.8 25.3 27.4 23.5 22.3 22.4 20.8 24.6 27.0 29.6 30.6 28.1 25.9 22.6 19.5 20.9 19.4 18.2 19.6 21.1 20.1 20.0

1 unit
20.8 20.2 26.1 23.6 23.5 20.4 17.1 17.5 15.3 14.2 13.3 12.7 13.6 14.7 16.3 16.7 14.7 12.4 11.1 11.2 11.8 8.9 9.3 9.4 10.3 10.4 10.3

Total
104.6 105.4 112.0 114.9 113.3 122.4 112.1 123.0 102.7 104.5 98.9 99.9 103.0 102.5 105.6 100.7 110.4 108.1 105.9 101.0 97.9 88.1 87.7 87.4 91.3 87.9 86.8

1 unit
82.1 81.7 84.7 88.0 86.8 91.3 81.0 87.7 72.9 74.3 71.3 72.4 71.9 71.0 72.8 67.0 68.5 66.7 63.4 63.7 59.3 57.3 57.7 53.9 55.0 55.6 52.5

Total
55.2 51.9 56.5 60.5 58.7 63.3 56.7 55.6 55.2 50.0 49.1 46.2 49.3 49.8 54.8 50.7 52.1 51.7 45.7 49.5 48.9 49.5 49.7 50.5 48.9 49.1 45.0

1 unit
40.7 36.0 39.8 41.9 40.3 42.7 37.1 37.2 35.2 33.4 31.8 28.8 33.7 32.5 35.8 34.7 35.2 34.7 30.1 32.2 29.7 30.0 29.5 29.6 30.3 29.1 27.1

215.7 214.9 234.1 235.6 231.1 238.6 217.4 229.7 205.1 201.5 194.3 189.9 199.8 201.6 215.7 206.9 213.6 208.5 196.6 195.7 190.1 177.7 175.2 178.3 182.0 176.7 170.7

Aprilp
Average RSE (%)1

165.5
5

98.9
8

5.3
13

61.3
8

20.0
10

9.6
17

20.8
10

11.6
10

84.5
9

53.1
10

40.2
10

24.6
15

Percent Change: 2 April 2008 from March 2008 90% Confidence Interval 3 April 2008 from April 2007 90% Confidence Interval 3 -3.0% ± 3.6 -20.0% ± 5.3 -1.0% ± 4.1 -25.1% ± 6.0 -8.6% ± 10.9 -42.0% ± 21.7 -5.7% ± 6.9 -6.7% ± 15.0 5.6% ± 7.6 -19.7% ± 8.0 -3.8% ± 12.7 -29.4% ± 13.4 4.0% ± 7.1 -32.1% ± 13.0 12.8% ± 12.2 -30.3% ± 12.0 -2.6% ± 4.8 -16.1% ± 10.4 1.2% ± 6.3 -20.7% ± 9.3 -10.6% ± 7.2 -20.6% ± 11.7 -9.3% ± 3.9 -29.2% ± 12.0

p 1

Preliminary. rRevised. RSE Relative Standard Error. 2 Average RSE for the latest 6-month period. Computed using unrounded data. 3 See the Explanatory Notes in the accompanying text for an explanation of 90% confidence intervals. Note: These data represent the number of housing units authorized in all months up to and including the last day of the reporting period and not started as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired, and revoked permits are excluded.

Table 3. New Privately-Owned Housing Units Started
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Seasonally adjusted annual rate
2006:r January February March April May June July August September October November December 2007:r January February March April May June July August September October November December 2008: January March
r r r

2,273 2,119 1,969 1,821 1,942 1,802 1,737 1,650 1,720 1,491 1,570 1,649 1,382 1,486 1,492 1,487 1,436 1,458 1,371 1,337 1,185 1,275 1,179 1,000 1,064 1,107 954

1,823 1,804 1,601 1,511 1,570 1,451 1,424 1,364 1,384 1,212 1,290 1,249 1,106 1,188 1,196 1,198 1,146 1,136 1,055 968 936 884 816 779 750 722 704

(S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S)

423 280 331 254 320 307 230 246 306 242 261 350 254 268 259 253 256 284 276 332 220 351 342 211 287 356 232

224 189 169 180 193 166 150 160 142 144 151 176 173 138 132 163 165 155 154 98 143 161 128 101 137 129 102

158 149 130 134 131 91 106 121 104 104 113 107 112 94 93 104 107 107 94 75 77 96 82 74 103 67 69

370 329 296 341 288 288 291 248 268 228 228 234 190 163 232 207 246 234 239 240 170 204 209 137 156 154 127

333 302 238 287 246 249 239 200 214 192 195 186 177 144 199 177 194 197 177 171 150 170 139 120 119 110 101

1,146 1,033 1,017 873 954 902 876 842 931 735 833 802 693 798 754 732 699 719 644 696 597 629 587 549 531 577 498

912 879 845 722 799 760 751 723 751 616 689 629 584 650 616 617 578 555 525 507 492 433 422 435 403 376 377

533 568 487 427 507 446 420 400 379 384 358 437 326 387 374 385 326 350 334 303 275 281 255 213 240 247 227

420 474 388 368 394 351 328 320 315 300 293 327 233 300 288 300 267 277 259 215 217 185 173 150 125 169 157

February

Aprilp
Average RSE (%)1

1,032
5

692
4

(S)
(X)

326
11

89
14

64
16

158
13

106
11

516
6

352
6

269
9

170
8

Percent Change: April 2008 from March 2008 90% Confidence Interval
2

8.2% ± 14.5 -30.6% ± 6.7

-1.7% ± 11.7 -42.2% ± 4.8

(S) (X) (S) (X)

40.5% ± 45.9 28.9% ± 33.1

-12.7% ± 31.4 -45.4% ± 15.8

-7.2% ± 37.5 -38.5% ± 21.8

24.4% ± 33.1 -23.7% ± 14.4

5.0% ± 23.9 -40.1% ± 11.6

3.6% ± 17.2 -29.5% ± 9.8

-6.6% ± 15.2 -42.9% ± 7.5

18.5% ± 35.9 -30.1% ± 14.6

8.3% ± 19.8 -43.3% ± 6.5

April 2008 from April 2007 90% Confidence Interval
2

See footnotes at end of table.

Table 3. New Privately-Owned Housing Units Started - Con.
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Not seasonally adjusted
2006 2007 RSE (%) 2007: 2008: First 4 months First 4 months 1,800.9 1,355.0 1 457.4 321.0 2 1,465.4 1,046.0 1 371.0 224.8 2 42.7 31.7 9 9.5 6.4 15 292.8 277.3 3 76.9 89.8 6 167.2 142.9 3 42.5 31.3 5 118.0 93.0 5 27.3 20.0 6 279.5 210.1 2 53.3 40.8 6 235.3 171.1 2 46.1 28.8 4 910.3 681.1 2 246.2 172.4 3 756.5 539.5 2 208.2 126.6 3 443.8 320.9 2 115.4 76.5 4 355.6 242.4 2 89.3 49.4 3

RSE (%)

Year to Date Percent Change 3 90% Confidence Interval 2
2006: January February March April May June July August September October November December 2007: January February March April May June July August September October November December 2008: January February March
r r

-29.8% ± 2.7
153.0 145.1 165.9 160.5 190.2 170.2 160.9 146.8 150.1 130.6 115.2 112.4 95.0 103.1 123.8 135.6 136.5 137.8 127.9 121.2 101.5 115.0 88.8 68.9 70.8 78.4 79.4

-39.4% ± 2.1
121.0 123.6 137.7 134.8 158.0 139.9 133.1 120.0 119.2 104.0 91.7 82.3 75.4 82.9 101.3 111.4 111.4 110.1 100.1 86.6 78.6 77.4 58.6 52.3 48.5 51.9 60.6

-32.5% ± 22.3
1.9 2.4 2.8 4.6 4.5 3.8 7.3 3.7 2.7 3.5 1.6 3.8 1.6 2.0 2.8 3.0 2.9 3.3 3.5 3.5 2.6 3.8 1.8 0.8 1.9 2.0 1.3

16.7% ± 12.4
30.1 19.1 25.4 21.0 27.7 26.4 20.4 23.1 28.2 23.1 21.9 26.3 18.0 18.2 19.6 21.2 22.1 24.4 24.3 31.1 20.3 33.8 28.4 15.9 20.4 24.5 17.4

-26.4% ± 6.3
13.3 10.1 12.9 16.0 18.8 16.1 13.7 15.6 12.3 13.3 12.2 12.9 10.5 7.6 10.0 14.4 16.1 15.5 13.8 9.5 12.7 15.0 10.4 7.4 8.2 7.6 7.7

-26.9% ± 7.2
8.6 7.4 9.9 12.2 13.4 9.6 9.8 12.0 8.9 9.5 9.0 7.8 6.2 4.6 7.1 9.5 11.1 11.4 8.6 7.4 6.6 8.8 6.5 5.4 5.8 3.3 5.2

-23.5% ± 8.7
18.0 17.1 22.4 30.0 30.9 30.1 27.4 24.2 25.1 22.0 18.1 14.3 9.2 8.5 17.1 18.5 26.2 23.9 23.5 22.9 15.6 20.0 16.7 8.0 8.2 8.7 9.1

-37.5% ± 5.1
15.4 15.2 18.0 25.5 27.3 26.7 22.8 19.7 20.2 18.5 15.3 10.7 8.3 7.2 14.6 16.0 21.7 20.7 18.1 16.4 13.8 16.8 10.9 6.7 5.5 5.7 7.2

-30.0% ± 3.4
84.7 77.7 89.7 77.8 89.6 81.9 80.2 71.4 80.9 61.7 58.8 55.9 52.8 59.8 65.6 68.0 61.8 66.4 58.3 61.5 50.2 55.2 42.5 38.9 38.0 44.2 43.8

-39.2% ± 2.8
68.0 67.2 76.5 65.3 76.2 69.7 69.1 60.3 64.3 50.4 46.7 42.8 45.1 49.7 55.1 58.3 51.4 52.3 47.8 43.8 40.6 36.3 28.8 30.3 28.9 30.4 34.7

-33.7% ± 5.9
37.0 40.2 41.0 36.7 50.8 42.1 39.6 35.5 31.8 33.7 26.1 29.3 22.4 27.3 31.0 34.7 32.4 31.9 32.3 27.3 23.0 24.7 19.2 14.6 16.5 17.9 18.8

-44.7% ± 5.2
29.0 33.9 33.4 31.8 41.1 33.9 31.5 28.1 25.9 25.7 20.7 21.0 15.8 21.4 24.5 27.6 27.3 25.7 25.7 19.0 17.7 15.5 12.4 9.9 8.3 12.5 13.5

Aprilp
Average RSE (%)1

92.4
5

63.7
4

1.2
26

27.5
11

7.9
14

5.7
16

14.7
13

10.4
11

46.4
6

32.6
6

23.4
9

15.0
8

p

Preliminary. rRevised. X Not applicable.

RSE Relative standard error. S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards.
2

1 3

Average RSE for the latest 6-month period. Computed using unrounded data.

See the Explanatory Notes in the accompanying text for an explanation of 90% confidence intervals.

Table 4. New Privately-Owned Housing Units Under Construction at End of Period
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Seasonally adjusted
2006:r January February March April May June July August September October November December 2007:
r

1,424 1,423 1,423 1,401 1,409 1,383 1,363 1,339 1,317 1,283 1,265 1,247 1,217 1,206 1,192 1,184 1,164 1,163 1,144 1,125 1,110 1,096 1,077 1,055 1,034
r

989 990 983 962 960 934 913 888 864 837 822 805 780 770 758 751 730 724 708 683 667 647 623 608 590 580 563

(S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S)

402 402 410 407 416 415 411 411 413 407 407 407 404 403 402 401 403 408 405 411 412 417 424 417 416 416 413

177 178 176 173 174 173 170 169 165 164 163 164 165 165 165 167 167 167 169 163 165 161 161 157 157 159 158

99 102 101 100 99 94 92 90 87 86 86 85 84 82 81 82 81 81 82 77 74 71 70 68 69 70 68

227 225 225 224 225 219 214 207 202 196 193 187 183 179 178 175 175 175 173 178 170 169 170 166 165 162 157

175 174 173 172 170 165 158 149 144 138 134 131 128 126 126 123 122 122 120 121 117 117 114 111 109 105 101

646 645 643 631 637 627 618 609 606 587 574 558 539 531 522 513 502 499 484 475 471 465 455 448 435 428 420

451 451 445 432 437 429 423 417 410 399 390 374 359 353 346 341 329 323 312 300 295 283 273 269 260 253 247

374 375 379 373 373 364 361 354 344 336 335 338 330 331 327 329 320 322 318 309 304 301 291 284 277 275 269

264 263 264 258 254 246 240 232 223 214 212 215 209 209 205 205 198 198 194 185 181 176 166 160 152 152 147

January February March April May June July August September October November December

2008:

January March
r

r

February

1,024 1,004

Aprilp
Average RSE (%)
1

997
2

549
3

(S)
(X)

422
3

155
5

66
10

155
5

98
7

417
3

240
4

270
4

145
6

Percent Change: April 2008 from March 2008 90% Confidence Interval
2

-0.7% ± 0.8 -15.8% ± 1.9

-2.5% ± 1.1 -26.9% ± 2.1

(S) (X) (S) (X)

2.2% ± 1.5 5.2% ± 4.2

-1.9% ± 1.3 -7.2% ± 5.9

-2.9% ± 2.9 -19.5% ± 7.2

-1.3% ± 2.1 -11.4% ± 4.7

-3.0% ± 2.4 -20.3% ± 4.8

-0.7% ± 1.7 -18.7% ± 3.0

-2.8% ± 2.1 -29.6% ± 3.2

0.4% ± 1.4 -17.9% ± 3.1

-1.4% ± 1.6 -29.3% ± 3.8

April 2008 from April 2007 90% Confidence Interval
2

See footnotes at end of table.

Table 4. New Privately-Owned Housing Units Under Construction at End of Period - Con.
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Not seasonally adjusted
2006: January February March April May June July August September October November December 2007: January February March April May June July August September October November December 2008: January February March
r r

1,369.3 1,371.2 1,382.3 1,384.8 1,418.1 1,407.2 1,406.8 1,383.7 1,354.3 1,313.1 1,271.8 1,204.9 1,172.5 1,162.6 1,160.2 1,171.0 1,173.8 1,181.9 1,178.5 1,158.5 1,137.9 1,119.9 1,085.2 1,025.0 1,002.4 989.6 978.3

936.7 938.7 943.1 943.9 968.5 958.8 955.3 934.3 902.1 864.4 827.0 764.7 737.3 728.3 726.9 736.3 739.2 743.0 741.5 717.9 695.4 668.1 626.8 579.1 559.2 548.1 538.5

33.2 30.6 29.6 32.1 33.5 34.2 38.7 39.7 39.6 39.5 36.3 34.9 33.2 32.9 32.4 32.1 30.9 30.6 31.2 31.1 30.8 31.9 30.7 29.6 28.4 27.6 27.9

399.4 401.9 409.7 408.8 416.1 414.3 412.7 409.7 412.6 409.2 408.5 405.3 402.0 401.4 400.9 402.5 403.7 408.3 405.7 409.5 411.7 419.9 427.7 416.3 414.8 414.0 411.9

171.9 170.3 170.2 170.6 174.8 174.7 173.7 173.3 168.3 166.9 165.1 162.3 161.5 159.0 159.8 164.9 168.3 169.2 171.6 166.7 168.4 164.4 163.4 155.9 155.0 153.4 154.2

94.6 94.1 95.3 97.3 99.9 96.2 95.1 94.6 90.6 88.5 87.8 83.7 80.4 76.5 76.4 79.5 82.2 82.9 84.6 80.9 77.6 73.5 71.1 67.0 67.0 64.9 64.5

217.3 211.3 211.3 214.6 222.4 222.6 222.3 217.2 211.5 205.3 198.3 183.7 175.3 168.7 168.0 167.4 173.5 178.0 180.4 185.9 177.4 177.5 174.0 162.5 158.3 152.5 149.2

165.5 160.8 159.8 162.6 167.6 169.0 166.0 159.2 153.4 146.7 139.2 127.6 120.8 115.8 116.2 115.6 120.7 125.0 127.6 129.3 124.4 124.8 117.4 107.2 102.1 96.1 93.1

620.9 625.8 632.6 632.6 644.8 639.9 636.8 625.7 621.2 596.7 571.9 534.3 518.9 514.6 513.7 513.8 508.3 507.7 497.5 487.1 481.0 472.1 455.3 431.6 421.0 416.3 412.4

426.7 431.9 434.7 432.5 444.4 441.7 441.2 434.9 425.5 407.9 387.2 351.2 339.5 337.1 337.6 340.8 335.0 332.1 325.1 312.7 305.6 289.2 271.8 253.3 246.4 242.0 240.3

359.2 363.8 368.2 366.9 376.2 370.0 374.0 367.5 353.3 344.2 336.4 324.6 316.9 320.4 318.6 324.9 323.7 327.0 328.9 318.8 311.1 306.0 292.5 274.9 268.1 267.4 262.6

249.9 251.9 253.3 251.5 256.7 251.9 253.0 245.7 232.5 221.3 212.8 202.2 196.6 198.9 196.8 200.4 201.4 203.1 204.3 195.1 187.8 180.7 166.4 151.6 143.8 145.0 140.7

April

p

987.5
2

538.2
3

26.5
9

422.8
3

153.7
5

63.9
10

150.0
5

93.0
7

417.5
3

239.8
4

266.4
4

141.5
6

Average RSE (%)1

p

Preliminary. rRevised. X Not applicable.

RSE Relative standard error. S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards.
2

1

Average RSE for the latest 6-month period.

See the Explanatory Notes in the accompanying text for an explanation of 90% confidence intervals.

Table 5. New Privately-Owned Housing Units Completed
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Seasonally adjusted annual rate
2006:r January February March April May June July August September October November December 2007:r January February March April May June July August September October November December 2008: January March
r r r

2,036 2,048 2,245 2,071 1,897 2,050 1,934 1,877 2,011 1,918 1,893 1,888 1,815 1,624 1,620 1,535 1,549 1,491 1,515 1,498 1,378 1,401 1,404 1,329 1,331 1,251 1,190

1,663 1,742 1,911 1,737 1,609 1,742 1,654 1,614 1,675 1,559 1,525 1,509 1,496 1,303 1,310 1,270 1,297 1,229 1,203 1,224 1,101 1,133 1,140 1,026 998 906 910

(S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S) (S)

329 236 286 301 254 279 256 237 302 317 302 326 289 283 271 226 209 229 282 251 246 240 234 287 291 315 267

188 206 192 233 167 167 176 169 196 158 171 156 169 143 137 124 139 153 129 149 139 184 124 143 125 101 99

129 129 140 141 126 139 132 134 133 123 112 115 141 107 90 79 106 112 83 116 96 135 93 94 80 67 81

350 319 380 341 309 349 325 326 325 314 287 307 262 229 247 228 233 227 228 178 245 209 216 194 191 228 181

305 294 327 294 287 308 310 294 267 271 255 242 230 187 202 208 197 198 174 156 192 170 193 175 169 178 150

981 971 1,140 995 925 991 998 916 979 994 999 978 955 884 836 816 785 768 785 773 651 696 686 645 680 682 615

794 848 979 859 769 844 838 777 849 767 798 807 800 721 696 680 680 639 647 630 539 583 545 498 512 485 461

517 552 533 502 496 543 435 466 511 452 436 447 429 368 400 367 392 343 373 398 343 312 378 347 335 240 295

435 471 465 443 427 451 374 409 426 398 360 345 325 288 322 303 314 280 299 322 274 245 309 259 237 176 218

February

Aprilp
Average RSE (%)1

1,000
5

792
5

(S)
(X)

181
13

108
16

80
19

153
12

130
12

498
7

413
7

241
9

169
9

Percent Change: April 2008 from March 2008 90% Confidence Interval
2

-16.0% ± 8.4 -34.9% ± 5.9

-13.0% ± 8.9 -37.6% ± 6.7

(S) (X) (S) (X)

-32.2% ± 16.2 -19.9% ± 20.0

9.1% ± 31.4 -12.9% ± 21.4

-1.2% ± 36.7 1.3% ± 28.2

-15.5% ± 25.1 -32.9% ± 24.2

-13.3% ± 24.1 -37.5% ± 23.1

-19.0% ± 12.0 -39.0% ± 8.4

-10.4% ± 13.5 -39.3% ± 9.7

-18.3% ± 13.6 -34.3% ± 11.2

-22.5% ± 16.5 -44.2% ± 10.9

April 2008 from April 2007 90% Confidence Interval
2

See footnotes at end of table.

Table 5. New Privately-Owned Housing Units Completed - Con.
[Thousands of units. Detail may not add to total because of rounding]

United States
Period Total In structures with -1 unit 2 to 4 units 5 units or more

Northeast

Midwest

South

West

Total

1 unit

Total

1 unit

Total

1 unit

Total

1 unit

Not seasonally adjusted
2006 2007 RSE (%) 2007: First 4 months 2008: First 4 months RSE (%) 1,979.4 1,502.8 1 481.5 347.1 3 1,654.5 1,218.4 1 392.7 262.1 3 40.8 31.4 9 10.7 8.2 15 284.2 253.0 4 78.1 76.8 9 179.1 144.8 6 40.4 30.4 7 128.3 104.6 8 28.9 21.2 9 325.1 222.7 2 67.7 52.5 6 285.5 188.6 2 57.6 43.3 6 986.7 766.1 2 258.0 182.4 5 825.8 631.5 2 214.6 138.5 4 488.6 369.3 3 115.4 81.9 4 414.9 293.8 2 91.6 59.1 4

Year to Date Percent Change 3 90% Confidence Interval 2
2006: January February March April May June July August September October November December 2007: January February March April May June July August September October November December 2008: January February March
r r

-27.9% ± 3.5
142.4 141.7 169.2 160.3 158.8 179.6 163.6 170.4 180.9 172.5 158.9 181.1 127.3 112.5 122.8 118.9 129.5 131.2 129.0 136.9 123.2 126.0 118.7 126.8 93.5 87.0 89.6

-33.3% ± 3.0
115.1 120.8 144.9 134.0 133.7 151.7 138.7 142.4 152.6 142.4 131.4 146.7 103.9 90.5 100.2 98.1 107.5 107.5 101.2 107.9 99.8 103.4 98.9 99.4 69.0 63.2 69.1

-23.6% ± 23.3
3.2 4.8 3.5 2.6 3.0 2.7 2.1 2.8 2.9 3.5 4.9 4.8 2.2 2.6 2.8 3.1 3.8 2.9 2.7 2.5 2.6 2.4 2.3 1.5 3.1 2.1 1.0

-1.6% ± 15.9
24.0 16.1 20.8 23.8 22.2 25.2 22.9 25.2 25.4 26.5 22.6 29.5 21.1 19.4 19.8 17.8 18.2 20.7 25.1 26.5 20.7 20.3 17.5 25.8 21.4 21.7 19.5

-24.9% ± 9.9
13.3 14.0 12.7 17.2 13.7 15.5 14.8 16.1 18.0 14.4 14.0 15.3 11.9 9.7 9.7 9.2 11.2 14.5 11.0 14.1 12.2 16.6 10.9 13.8 8.7 7.2 6.6

-26.6% ± 11.1
8.9 8.7 9.0 10.0 10.1 13.0 10.9 12.3 12.7 11.4 9.6 11.6 9.8 7.2 6.2 5.6 8.3 10.8 6.9 10.7 8.6 12.5 8.6 9.4 5.4 4.9 5.3

-22.5% ± 10.4
23.5 21.3 26.1 26.6 25.5 29.3 27.2 30.4 30.5 29.4 26.4 29.0 17.7 15.3 17.0 17.7 19.4 19.1 19.3 16.6 22.9 19.4 19.9 18.4 12.9 15.2 12.4

-24.9% ± 11.5
20.2 19.5 22.3 22.9 23.5 25.6 25.9 26.9 25.7 25.7 24.0 23.1 15.3 12.4 13.7 16.2 16.2 16.5 14.5 14.2 18.4 16.1 18.2 16.8 11.3 11.8 10.2

-29.3% ± 5.3
69.8 68.5 87.6 77.9 78.0 86.5 85.1 82.1 86.2 87.9 82.6 94.5 67.7 62.3 64.3 63.7 66.1 67.1 67.3 70.0 57.2 62.1 56.6 61.8 48.4 48.1 47.2

-35.4% ± 3.9
56.1 60.1 75.9 67.1 64.4 73.2 70.8 67.4 75.3 69.0 67.6 79.0 56.4 51.1 54.0 53.0 56.9 55.4 54.9 54.9 47.7 52.5 46.0 48.5 36.0 34.5 35.9

-29.0% ± 6.3
35.8 38.0 42.8 38.6 41.7 48.2 36.6 41.9 46.1 40.8 35.8 42.3 30.0 25.2 31.9 28.3 32.9 30.4 31.5 36.2 30.9 28.0 31.3 32.7 23.6 16.5 23.3

-35.5% ± 5.7
29.8 32.5 37.8 34.0 35.6 39.9 31.1 35.8 39.0 36.3 30.1 33.0 22.4 19.7 26.2 23.3 26.2 24.8 24.9 28.1 25.1 22.3 26.1 24.8 16.4 12.1 17.7

Aprilp
Average RSE (%)1

77.1
5

60.8
5

2.1
26

14.1
13

7.9
16

5.7
19

11.9
12

10.1
12

38.7
7

32.1
7

18.6
9

12.9
9

p

Preliminary. rRevised. X Not applicable.

RSE Relative standard error. S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards.
2

1 3

Average RSE for the latest 6-month period. Computed using unrounded data.

See the Explanatory Notes in the accompanying text for an explanation of 90% confidence intervals.