[Economic Report of the President (2004)] [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, 1959-2003 [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 1,358.6 38.5 307.9 1,747.7 1,332.6 73.7 341.4 1,648.4 973 2003 p........................................... 1,848.4 1,498.5 33.3 316.6 1,862.4 1,443.6 82.7 336.0 1,677.7 1,085 2002: Jan........................................ 1,681 1,307 68 306 1,679 1,294 72 313 1,631 876 Feb........................................ 1,817 1,491 44 282 1,773 1,391 66 316 1,666 949 Mar........................................ 1,651 1,284 48 319 1,681 1,281 71 329 1,563 917 Apr........................................ 1,587 1,275 27 285 1,662 1,279 70 313 1,643 916 May........................................ 1,752 1,389 37 326 1,721 1,286 69 366 1,713 981 June....................................... 1,709 1,359 47 303 1,746 1,309 82 355 1,591 959 July....................................... 1,666 1,329 31 306 1,742 1,312 70 360 1,612 961 Aug........................................ 1,630 1,249 31 350 1,704 1,319 73 312 1,705 1,025 Sept....................................... 1,810 1,449 37 324 1,803 1,372 91 340 1,655 1,057 Oct........................................ 1,653 1,366 33 254 1,813 1,390 71 352 1,591 1,005 Nov........................................ 1,760 1,403 34 323 1,764 1,377 70 317 1,706 1,022 Dec........................................ 1,815 1,462 35 318 1,907 1,420 77 410 1,674 1,052 2003: Jan........................................ 1,828 1,509 41 278 1,777 1,406 87 284 1,647 1,009 Feb........................................ 1,640 1,312 30 298 1,786 1,319 78 389 1,672 935 Mar........................................ 1,742 1,393 36 313 1,688 1,311 71 306 1,621 1,008 Apr........................................ 1,627 1,357 31 239 1,724 1,332 82 310 1,680 1,004 May........................................ 1,745 1,389 27 329 1,803 1,349 84 370 1,742 1,081 June....................................... 1,844 1,499 28 317 1,823 1,427 77 319 1,663 1,200 July....................................... 1,890 1,533 36 321 1,800 1,434 77 289 1,678 1,145 Aug........................................ 1,831 1,490 32 309 1,901 1,484 84 333 1,573 1,190 Sept....................................... 1,931 1,547 45 339 1,875 1,487 88 300 1,709 1,129 Oct........................................ 1,977 1,640 29 308 1,981 1,539 81 361 1,717 1,149 Nov p...................................... 2,054 1,674 37 343 1,863 1,473 88 302 1,707 1,117 Dec p...................................... 2,088 1,664 27 397 1,953 1,530 77 346 1,710 1,060 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.