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.
|
977,000
|
1.06 million
|
965,000
|
895,000
|
817,000
|
791,000
|
|||||
|
May
|
June
|
July
|
Aug.
|
Sept.
|
Oct.
|
|||||
SOURCE: U.S. CENSUS BUREAU
