[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-56.--New private housing units started, authorized, and completed, and houses sold, 1959-2002 [Thousands; monthly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- New housing units started New housing units authorized \1\ --------------------------------------------------------------------------------- New Type of structure Type of structure housing New Year or month --------------------------------------------------------------------------------- units houses 2 to 4 5 units 2 to 4 5 units completed sold Total 1 unit units or more Total 1 unit units or more ---------------------------------------------------------------------------\2\-------------------------------------------------------------------------- 1959............................................. 1,517.0 1,234.0 283.0 1,208.3 938.3 77.1 192.9 ......... ......... 1960............................................. 1,252.2 994.7 257.5 998.0 746.1 64.6 187.4 ......... ......... 1961............................................. 1,313.0 974.3 338.7 1,064.2 722.8 67.6 273.8 ......... ......... 1962............................................. 1,462.9 991.4 471.5 1,186.6 716.2 87.1 383.3 ......... ......... 1963............................................. 1,603.2 1,012.4 590.8 1,334.7 750.2 118.9 465.6 ......... 560 1964............................................. 1,528.8 970.5 108.3 450.0 1,285.8 720.1 100.8 464.9 ......... 565 1965............................................. 1,472.8 963.7 86.7 422.5 1,240.6 709.9 84.8 445.9 ......... 575 1966............................................. 1,164.9 778.6 61.2 325.1 971.9 563.2 61.0 347.7 ......... 461 1967............................................. 1,291.6 843.9 71.7 376.1 1,141.0 650.6 73.0 417.5 ......... 487 1968............................................. 1,507.6 899.4 80.7 527.3 1,353.4 694.7 84.3 574.4 1,319.8 490 1969............................................. 1,466.8 810.6 85.1 571.2 1,322.3 624.8 85.2 612.4 1,399.0 448 1970............................................. 1,433.6 812.9 84.9 535.9 1,351.5 646.8 88.1 616.7 1,418.4 485 1971............................................. 2,052.2 1,151.0 120.5 780.9 1,924.6 906.1 132.9 885.7 1,706.1 656 1972............................................. 2,356.6 1,309.2 141.2 906.2 2,218.9 1,033.1 148.6 1,037.2 2,003.9 718 1973............................................. 2,045.3 1,132.0 118.2 795.0 1,819.5 882.1 117.0 820.5 2,100.5 634 1974............................................. 1,337.7 888.1 68.0 381.6 1,074.4 643.8 64.3 366.2 1,728.5 519 1975............................................. 1,160.4 892.2 64.0 204.3 939.2 675.5 63.9 199.8 1,317.2 549 1976............................................. 1,537.5 1,162.4 85.8 289.2 1,296.2 893.6 93.1 309.5 1,377.2 646 1977............................................. 1,987.1 1,450.9 121.7 414.4 1,690.0 1,126.1 121.3 442.7 1,657.1 819 1978............................................. 2,020.3 1,433.3 125.1 462.0 1,800.5 1,182.6 130.6 487.3 1,867.5 817 1979............................................. 1,745.1 1,194.1 122.0 429.0 1,551.8 981.5 125.4 444.8 1,870.8 709 1980............................................. 1,292.2 852.2 109.5 330.5 1,190.6 710.4 114.5 365.7 1,501.6 545 1981............................................. 1,084.2 705.4 91.2 287.7 985.5 564.3 101.8 319.4 1,265.7 436 1982............................................. 1,062.2 662.6 80.1 319.6 1,000.5 546.4 88.3 365.8 1,005.5 412 1983............................................. 1,703.0 1,067.6 113.5 522.0 1,605.2 901.5 133.6 570.1 1,390.3 623 1984............................................. 1,749.5 1,084.2 121.4 543.9 1,681.8 922.4 142.6 616.8 1,652.2 639 1985............................................. 1,741.8 1,072.4 93.5 576.0 1,733.3 956.6 120.1 656.6 1,703.3 688 1986............................................. 1,805.4 1,179.4 84.0 542.0 1,769.4 1,077.6 108.4 583.5 1,756.4 750 1987............................................. 1,620.5 1,146.4 65.1 408.7 1,534.8 1,024.4 89.3 421.1 1,668.8 671 1988............................................. 1,488.1 1,081.3 58.7 348.0 1,455.6 993.8 75.7 386.1 1,529.8 676 1989............................................. 1,376.1 1,003.3 55.3 317.6 1,338.4 931.7 67.0 339.8 1,422.8 650 1990............................................. 1,192.7 894.8 37.6 260.4 1,110.8 793.9 54.3 262.6 1,308.0 534 1991............................................. 1,013.9 840.4 35.6 137.9 948.8 753.5 43.1 152.1 1,090.8 509 1992............................................. 1,199.7 1,029.9 30.9 139.0 1,094.9 910.7 45.8 138.4 1,157.5 610 1993............................................. 1,287.6 1,125.7 29.4 132.6 1,199.1 986.5 52.3 160.2 1,192.7 666 1994............................................. 1,457.0 1,198.4 35.2 223.5 1,371.6 1,068.5 62.2 241.0 1,346.9 670 1995............................................. 1,354.1 1,076.2 33.8 244.1 1,332.5 997.3 63.7 271.5 1,312.6 667 1996............................................. 1,476.8 1,160.9 45.3 270.8 1,425.6 1,069.5 65.8 290.3 1,412.9 757 1997............................................. 1,474.0 1,133.7 44.5 295.8 1,441.1 1,062.4 68.5 310.3 1,400.5 804 1998............................................. 1,616.9 1,271.4 42.6 302.9 1,612.3 1,187.6 69.2 355.5 1,474.2 886 1999............................................. 1,640.9 1,302.4 31.9 306.6 1,663.5 1,246.7 65.8 351.1 1,604.9 880 2000............................................. 1,568.7 1,230.9 38.7 299.1 1,592.3 1,198.1 64.9 329.3 1,573.7 877 2001 ............................................ 1,602.7 1,273.3 36.6 292.8 1,636.7 1,235.6 66.0 335.2 1,570.8 908 2002 ........................................... 1,704.9 1,359.7 38.8 306.3 1,726.3 1,319.1 73.4 333.7 1,650.7 976 2001: Jan........................................ 1,627 1,305 39 283 1,709 1,261 59 389 1,439 934 Feb........................................ 1,605 1,267 25 313 1,668 1,242 70 356 1,535 944 Mar........................................ 1,602 1,218 45 339 1,650 1,228 67 355 1,478 949 Apr........................................ 1,636 1,302 42 292 1,649 1,249 66 334 1,577 901 May........................................ 1,604 1,281 29 294 1,663 1,232 70 361 1,501 884 June....................................... 1,633 1,293 54 286 1,618 1,252 80 286 1,645 892 July....................................... 1,664 1,294 41 329 1,602 1,234 62 306 1,588 881 Aug........................................ 1,562 1,274 27 261 1,606 1,238 66 302 1,621 871 Sept....................................... 1,582 1,263 46 273 1,570 1,199 56 315 1,551 856 Oct........................................ 1,531 1,238 33 260 1,566 1,182 60 324 1,575 865 Nov........................................ 1,604 1,241 38 325 1,659 1,239 61 359 1,567 938 Dec........................................ 1,583 1,294 17 272 1,702 1,266 71 365 1,705 979 2002: Jan........................................ 1,713 1,344 67 302 1,686 1,296 75 315 1,607 870 Feb........................................ 1,788 1,472 43 273 1,766 1,374 69 323 1,669 937 Mar........................................ 1,675 1,298 49 328 1,629 1,248 74 307 1,576 915 Apr........................................ 1,566 1,261 27 278 1,631 1,258 71 302 1,650 932 May........................................ 1,742 1,380 37 325 1,676 1,268 69 339 1,702 974 June....................................... 1,692 1,344 46 302 1,706 1,293 82 331 1,587 947 July....................................... 1,652 1,319 31 302 1,712 1,278 72 362 1,614 958 Aug........................................ 1,631 1,249 31 351 1,666 1,297 73 296 1,710 1,047 Sept....................................... 1,808 1,452 36 320 1,733 1,339 82 312 1,652 1,056 Oct........................................ 1,660 1,375 32 253 1,772 1,370 72 330 1,579 1,006 Nov ...................................... 1,747 1,404 34 309 1,738 1,367 66 305 1,728 1,045 Dec ...................................... 1,835 1,473 41 321 1,887 1,411 74 402 1,683 1,082 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Authorized by issuance of local building permits in: 19,000 permit-issuing places beginning 1994; 17,000 places for 1984-93; 16,000 places for 1978- 83; 14,000 places for 1972-77; 13,000 places for 1967-71; 12,000 places for 1963-66; and 10,000 places prior to 1963. \2\ Monthly data derived. Note.--Data beginning 1999 for new housing units started and completed and for new houses sold are based on new estimation methods and are not directly comparable with earlier data. Source: Department of Commerce, Bureau of the Census.