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New Residential Construction: Building Permits in August 2016 Were At a Seasonally Adjusted Annual Rate Down 0.4% From Revised July Rate, and Down 2.3 Percent From August 2015
Building permits in August 2016 were at a seasonally adjusted
annual rate (SAAR) of 1,139,000, down 0.4 percent from the revised July
rate, and down 2.3 percent from August 2015. Housing starts in August 2016 were at a SAAR of 1,142,000, down 5.8 percent from July, but up 0.9 percent from August 2015.