July 18, 2007 - New Residential Construction Continues To Fall
The U.S. Census Bureau and the
Department of Housing and Urban Development jointly announced the following new
residential construction statistics for June 2007.
Building
permits for privately-owned housing units for June were at a seasonally
adjusted annual rate of 1.4 million, a 7.5% loss from the previous month and a
25.2 percent loss from the previous year.