Housing Starts Sink 14.2%; Permits Decline 8.1%

January 2008
Bond Buyer;1/18/2008, Vol. 363 Issue 32798, p30
Trade Publication
The article reports on the performance of the U.S. housing market for 2007. According to the data, the country's December 2008 housing starts fell 14.2% to 1.006 million units, while permits fell 8.1% to 1.068 million units. Starts were off 2.9% for single-families to 794,000 units and down 4.1% for multifamilies. On the other hand, permits fell across all categories and most regions.


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