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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