Thursday, August 25, 2022

Affiliate of the Insurance Network Organization. The US Census Burea has released an update: FOR RELEASE AT 8:30 AM EDT, TUESDAY, AUGUST 16, 2022 Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch Public Information Office 301‐763‐5160 301‐763‐3030 eid.rcb.customer.service@census.gov pio@census.gov FOR RELEASE AT 8:30 AM EDT, TUESDAY, AUGUST 16, 2022 MONTHLY NEW RESIDENTIAL CONSTRUCTION, JULY 2022 Release Number: CB22‐133 August 16, 2022 ‐ The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2022: Building Permits Privately‐owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,674,000. This is 1.3 percent below the revised June rate of 1,696,000, but is 1.1 percent above the July 2021 rateof 1,655,000. Single‐family authorizations in July were at a rate of 928,000; this is 4.3 percent below the revised June figure of 970,000. Authorizations of units in buildings with five units or more were at a rate of 693,000 in July. Housing Starts Privately‐owned housing starts in July were at a seasonally adjusted annual rate of 1,446,000. This is 9.6 percent (±8.6 percent) below the revised June estimate of 1,599,000 and is 8.1 percent (±11.9 percent)* below the July 2021 rate of 1,573,000. Single‐family housing starts in July were at a rate of 916,000; this is 10.1 percent (±10.8 percent)*below the revised June figure of 1,019,000. The July rate for units in buildings with five units or more was 514,000. Housing Completions Privately‐owned housing completions in July were at a seasonally adjusted annual rate of 1,424,000. This is 1.1 percent (±14.8 percent)* above the revised June estimate of 1,409,000 and is 3.5 percent (±15.5 percent)* above the July 2021 rate of 1,376,000. Single‐family housing completions in July were at a rate of 1,009,000; this is 0.8percent (±12.2 percent)* below the revised June rate of 1,017,000. The July rate for units in buildings with five unitsor more was 412,000. Read more here pdf.

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