Total housing starts continued to fall in September to a seasonally adjusted 817,000. While a 1.6 percent decrease was expected, new construction actually plummeted 6.3 percent. “Unfortunately, the heavy toll that today’s financial-market woes are taking on consumer confidence is a major impediment to getting housing back on track as an engine of economic growth,” NAHB Chair Sandy Dunn said.

         
1.03 million   977,000   1.06 million   965,000   895,000   817,000
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Apr.   May   June   July   Aug.   Sept.

SOURCE: U.S. CENSUS BUREAU