Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

Housing Starts And Permits Issued Rise

WASHINGTON, Dec. 20 (UPI) — New home construction in the United States rose 9.3 percent in November compared with October, the Commerce Department said Tuesday.

Housing starts climbed to a seasonally adjusted annual rate of 685,000, compared with a downwardly revised figure for October of 627,000.

The rate of privately owned housing starts in the month was 24.3 percent above November 2010, when there were 551,000 housing starts.

Permits issued for privately owned housing units rose 5.7 percent month to month to an annual rate of 681,000. A year earlier in November, the annual rate stood at 564,000 permits. The new rate is a 20.7 percent climb over the rate 12 months prior.

Permits issued are an indicator of what direction construction starts might take one or two months down the road.

Completed housing projects in November were estimated at a seasonally adjusted annual rate of 542,000, which is 5.6 percent below the revised figure for October of 574,000 units and 1.6 percent below November 2010.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Housing Starts And Permits Issued Rise”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.