Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,728,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 13.5% above the August 2020 rate of 1,522,000 and 6% above the revised July rate of 1,630,000.
Single‐family authorizations in August were at a rate of 1,054,000; this is 0.6% above the revised July figure of 1,048,000. Authorizations of units in buildings with five units or more were at a rate of 632,000 in August.
Privately owned housing starts in August were at a seasonally adjusted annual rate of 1,615,000. This is 17.4% above the August 2020 rate of 1,376,000 and 3.9% above the revised July estimate of 1,554,000. Single‐family housing starts in August were at a rate of 1,076,000; this is 2.8% below the revised July figure of 1,107,000. The August rate for units in buildings with five units or more was 530,000.
Privately owned housing completions in August were at a seasonally adjusted annual rate of 1,330,000. This is 9.4% above the August 2020 rate of 1,216,000 but 4.5% below the revised July estimate of 1,392,000. Single‐family housing completions in August were at a rate of 971,000; this is 2.8% above the revised July rate of 945,000. The August rate for units in buildings with five units or more was 356,000.
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