Skip to footer

Housing permits on the rise

Single family housing permits, increased a notable 1.9 percent from March to 475,000 single family units, and increased 18.5 percent above the level seen in April 2011, but still remained  an astonishing 73.58 percent below the peak in September 2005.

|
SoldAtTheTop
This chart shows, in thousands, the number of single family housing permits issued annually over the past decade. Permits increased notably in April, but remain well below the peak numbers seen at the height of the housing bubble.

Today’s New Residential Construction Report showed gains in April with single family permits increasing from March while starts also increased over the same period.

Single family housing permits, the most leading of indicators, increased a notable 1.9% from March to 475K single family units (SAAR), and increased 18.5% above the level seen in April 2011 but still remained  an astonishing 73.58% below the peak in September 2005.

Single family housing starts increased 2.3% from March to 492K units (SAAR), and climbed 18.8% above the level seen in April 2011 and remained a stunning 73.01% below the peak set in early 2006.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines – with humanity. Listening to sources – with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That’s Monitor reporting – news that changes how you see the world.
Subscribe
QR Code to Housing permits on the rise
Read this article in
https://www.csmonitor.com/Business/Paper-Economy/2012/0516/Housing-permits-on-the-rise
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe