[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing 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]
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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
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\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.