Thursday, March 23, 2006

Some housing stats up, some down

The U.S. Census Bureau and the Department of Housing and Urban Development report that for February 2006, the number of privately-owned housing starts declined 4.8% percent from one year ago (using seasonally adjusted numbers). "Privately-owned housing completions in February were at a seasonally adjusted annual rate of ... 5.2 percent above the February 2005 rate." Further, the number of building permits issued was up a little last month.

To read the press release to here: New Residential Construction in February 2006 (note: this is a pdf document)

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