[Economic Report of the President (2005)]
[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, 1959-2004
[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   1,358.6      38.5     307.9  1,747.7  1,332.6       73.7      341.4    1,648.4        973
2003 ............................................    1,847.7   1,499.0      33.5     315.2  1,889.2  1,460.9       82.5      345.8    1,678.7      1,086
2004 p...........................................    1,953.4   1,608.4      41.4     303.7  2,018.2  1,569.2       92.3      356.6    1,844.3      1,183

2003: Jan........................................      1,856     1,534        42       280    1,816    1,421         88        307      1,648      1,001
Feb........................................      1,657     1,325        31       301    1,866    1,369         79        418      1,678        932
Mar........................................      1,728     1,396        34       298    1,754    1,361         73        320      1,615      1,006
Apr........................................      1,637     1,363        32       242    1,798    1,387         85        326      1,664      1,027
May........................................      1,748     1,393        27       328    1,846    1,394         85        367      1,732      1,093
June.......................................      1,850     1,505        28       317    1,871    1,465         76        330      1,658      1,194

July.......................................      1,893     1,536        36       321    1,892    1,483         80        329      1,681      1,156
Aug........................................      1,835     1,494        32       309    1,964    1,518         83        363      1,579      1,189
Sept.......................................      1,922     1,537        45       340    1,943    1,526         90        327      1,697      1,127
Oct........................................      1,983     1,644        29       310    2,015    1,558         82        375      1,731      1,141
Nov........................................      2,054     1,670        37       347    1,920    1,504         94        322      1,709      1,086
Dec........................................      2,067     1,657        29       381    1,979    1,546         77        356      1,736      1,120

2004: Jan........................................      1,934     1,565        30       339    1,913    1,488         96        329      1,714      1,155
Feb........................................      1,895     1,521        30       344    1,913    1,516         78        319      1,729      1,165
Mar........................................      2,000     1,624        33       343    1,975    1,551         93        331      1,782      1,270
Apr........................................      1,963     1,615        36       312    2,006    1,544         99        363      1,944      1,176
May........................................      1,979     1,654        56       269    2,097    1,610         96        391      1,928      1,244
June.......................................      1,817     1,520        25       272    1,945    1,546         83        316      1,865      1,198

July.......................................      1,985     1,661        64       260    2,066    1,586        113        367      1,876      1,095
Aug........................................      2,018     1,685        67       266    1,969    1,556         82        331      1,914      1,158
Sept.......................................      1,905     1,549        31       325    1,998    1,559         80        359      1,777      1,211
Oct........................................      2,065     1,662        41       362    2,018    1,557         93        368      1,833      1,263
Nov p......................................      1,807     1,483        38       286    2,028    1,549         89        390      1,730      1,097
Dec p......................................      2,004     1,678        35       291    2,032    1,567        100        365      1,946      1,098
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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.