Dec. 18, 2007 - New Residential Construction In Nov. 2007
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for November 2007.
Single-family authorizations in November were at a rate of 764,000; this is 5.6 percent (±1.9%) below the October figure of 809,000. Authorizations of units in buildings with five units or more were at a rate of 334,000 in November.