HOUSING STARTS AND BUILDING PERMITS IN OCTOBER 1995 PRIVATELY OWNED HOUSING STARTS Privately owned housing starts in October were at a seasonally adjusted annual rate of 1,337,000, according to estimates reported today by the U.S. Commerce Department's Bureau of the Census. This is 4 (+/-9 percent) below the revised September rate of 1,389,000, and 8 (+/-8) percent below the October 1994 rate of 1,451,000. Single-family housing starts in October 1995 were at a rate of 1,099,000; this is 2 (+/-5) percent below the September figure of 1,121,000. The October rate for units in buildings with five units or more was 195,000. The October rate for units in buildings with two to four units was 43,000. During the first 10 months of this year, 1,150,800 housing units were started compared with 1,245,100 units for the same period in 1994. This is a decrease of 8 (+/-2) percent. BUILDING PERMITS The seasonally adjusted annual rate of housing units authorized by building permits in October was 1,395,000; this is 1 (+/-1) percent below the revised September rate of 1,405,000, and virtually unchanged (+/- 2 percent) from the October 1994 estimate of 1,401,000. Single-family authorizations in October 1995 were at a rate of 1,059,000; this is 1 (+/-1) percent below the September figure of 1,073,000. Authorizations of units in buildings with five units or more were at a rate of 265,000 in October. The October rate of permit-authorized units in buildings with two to four units was 71,000. During the first 10 months of this year, 1,129,200 housing units were authorized by building permits compared with 1,177,000 units for the same period in 1994. This is a decrease of 4 (+/-1) percent. MOBILE HOME SHIPMENTS Statistics on mobile home shipments, which lag by 1 month, appear in the Current Construction Reports, series C20. In September, manufacturers' shipments of mobile homes were at a seasonally adjusted annual rate of 346,000, 3 percent above the August rate of 335,000. The September 1994 rate was 307,000. Before seasonal adjustment, total shipments in September 1995 were 29,700. REVISED SCHEDULE The next press release is scheduled to be issued on Tuesday, December 19, 1995, at 10:00 A.M. EST. EXPLANATORY NOTES In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take 3 months to establish an underlying trend for total starts, mobile home shipments and building permit authorizations. Except for those on mobile home shipments, the statistics in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated average relative standard errors of preliminary data are shown in the tables. Whenever a statement such as "2 (+/-3) percent above" appears in the text, this indicates the range (-1 to +5 percent) in which the actual percent change is likely to have occurred. All ranges given for percent changes are 90- percent confidence intervals and account only for sampling variability. If a range contains zero, it is uncertain whether there was an increase or decrease; that is, the change is not statistically significant. For any comparison cited without a confidence interval, the change is statistically significant. The April 1995 Current Construction Reports, C20/95-4, includes explanations of confidence intervals and sampling variability. On average, the preliminary seasonally adjusted estimates of total housing starts and building permits are revised about +/-1 percent. Statistics on mobile home shipments are compiled from manufacturers' reports to the National Conference of States on Building Codes and Standards (NCSBCS). Questions regarding these data may be directed to Erica Filipek, Construction Starts Branch, telephone (301) 457-4703. NEW PRIVATELY OWNED HOUSING UNITS STARTED BY TYPE OF STRUCTURE: OCTOBER 1995 In structures with - 3 and 4 5 units Period Total 1 unit 2 units units or more Seasonally adjusted annual rate 1994 - October 1,451 1,164 39 248 November 1,536 1,186 62 288 December 1,545 1,250 33 262 1995 - January 1,366 1,055 38 273 February 1,319 1,048 42 229 March 1,238 987 35 216 April 1,269 1,009 26 234 May 1,282 988 36 258 June 1,298 1,034 33 231 July 1,432 1,107 40 285 August(r) 1,392 1,126 28 238 September(r) 1,389 1,121 39 229 OCTOBER(p) 1,337 1,099 43 195 AVG. RSE(%) 3 3 13 8 Not seasonally adjusted 1993 1,287.6 1,125.7 11.1 18.3 132.6 1994 1,457.0 1,198.4 14.8 20.2 223.5 AVG. RSE(%) 1 1 13 6 1 1994 First 10 months 1,245.1 1,033.9 11.9 15.8 183.5 1995 First 10 months 1,150.8 917.0 12.9 17.3 203.7 AVG. RSE(%) 1 1 9 5 3 1994 - October 130.6 101.3 1.4 1.6 26.3 November 113.4 87.8 2.5 2.5 20.7 December 98.5 76.8 0.4 2.0 19.3 1995 - January 84.5 63.6 0.8 1.5 18.7 February 81.6 65.3 1.4 1.0 13.8 March 103.8 85.3 1.4 1.8 15.3 April 116.9 93.9 1.1 1.1 20.8 May 130.5 102.3 1.3 1.8 25.0 June 123.4 100.5 1.6 1.9 19.4 July 129.1 102.0 1.8 1.9 23.4 August(r) 135.8 108.5 0.6 2.1 24.6 September(r) 119.8 95.7 1.5 1.8 20.8 OCTOBER(p) 125.5 99.9 1.2 2.5 21.8 AVG. RSE(%) 3 3 14 20 8 Thousands of units. Detail may not add to total because of rounding. AVG. RSE(%): Annual - Avg. RSE for the last two years. YTD - Avg. RSE for the current period and the same period last year. Monthly - Avg. RSE for the latest six month period (January-June or July-December). (p) Preliminary. (r) Revised. (Z) Less than 50 units or less than 0.5 percent. Source: Construction Reports, Series C20, Housing Starts. The C20 Report is available from the U.S. Government Printing Office. Annual subscription: $15.00. Questions regarding these data may be directed to Erica Filipek, Construction Starts Branch, telephone (301) 457-4703. NEW PRIVATELY OWNED HOUSING UNITS STARTED BY REGION: OCTOBER 1995 North- Mid- Period Total east west South West Seasonally adjusted annual rate 1994 - October 1,451 130 313 648 360 November 1,536 159 380 661 336 December 1,545 139 341 714 351 1995 - January 1,366 117 288 621 340 February 1,319 131 280 562 346 March 1,238 140 271 550 277 April 1,269 109 273 571 316 May 1,282 128 251 565 338 June 1,298 123 286 570 319 July 1,432 113 285 707 327 August(r) 1,392 119 316 620 337 September(r) 1,389 115 305 599 370 OCTOBER(p) 1,337 123 278 590 346 AVG. RSE(%) 3 8 5 4 6 Not seasonally adjusted 1993 1,287.6 126.5 297.7 561.8 301.7 1994 1,457.0 138.2 328.9 639.1 350.8 AVG. RSE (%) 1 2 2 2 2 1994 First 10 months 1,245.1 114.3 282.0 545.1 303.7 1995 First 10 months 1,150.8 102.2 248.1 514.0 286.6 AVG. RSE (%) 1 2 2 2 5 1994 - October 130.6 12.2 32.0 55.9 30.5 November 113.4 14.3 28.3 47.5 23.3 December 98.5 9.6 18.6 46.6 23.7 1995 - January 84.5 6.3 11.9 44.1 22.2 February 81.6 5.9 12.7 40.2 22.9 March 103.8 9.5 20.7 49.3 24.2 April 116.9 9.6 25.9 53.5 27.9 May 130.5 13.1 27.7 56.5 33.2 June 123.4 13.1 31.0 49.5 29.9 July 129.1 10.6 26.6 61.9 30.0 August(r) 135.8 12.0 33.7 56.7 33.4 September(r) 119.8 10.0 28.2 50.1 31.6 OCTOBER(p) 125.5 12.1 29.8 52.2 31.3 AVG. RSE (%) 3 8 5 4 6 Thousands of units. Detail may not add to total because of rounding. AVG. RSE(%): Annual - Avg. RSE for the last two years. YTD - Avg. RSE for the current period and the s period last year. Monthly - Avg. RSE for the latest six month period (January-June or July-December). (p) Preliminary. (r) Revised. (Z) Less than 50 units or less than 0.5 percent. Source: Construction Reports, Series C20, Housing Starts. The C20 Report is available from the U.S. Government Printing Office. Annual subscription: $15.00. Questions regarding these data may be directed to Erica FIlipek, Construction Starts Branch, telephone (301) 457-4703. PRIVATELY OWNED HOUSING UNITS AUTHORIZED BY BUILDING PERMITS IN PERMIT-ISSUING PLACES BY TYPE OF STRUCTURE: OCTOBER 1995 In structures with - 3 and 4 5 units Period Total 1 unit 2 units units or more Seasonally adjusted annual rate (19,000 permit-issuing places) 1994 - October 1,401 1,046 69 286 November 1,358 1,025 68 265 December 1,420 1,105 61 254 1995 - January 1,293 990 66 237 February 1,282 931 54 297 March 1,235 911 67 257 April 1,243 905 61 277 May 1,243 930 63 250 June 1,275 958 65 252 July 1,355 1,011 61 283 August 1,368 1,044 63 261 September(r) 1,405 1,073 72 260 OCTOBER(p) 1,395 1,059 71 265 AVG. RSE(%) 1 1 4 1 Not seasonally adjusted (19,000 permit-issuing places) 1993 1,333.7 1,034.5 30.5 30.3 238.4 1994 1,371.6 1,068.5 31.4 30.8 241.0 AVG. RSE(%) (X) (X) (X) (X) (X) 1994 First 10 months 1,177.0 924.7 26.2 26.4 199.7 1995 First 10 months 1,129.2 853.0 28.5 26.9 220.9 AVG. RSE(%) (Z) (Z) 2 3 1 1994 - October 117.0 85.9 3.1 3.1 24.9 November 100.5 74.8 3.1 2.3 20.3 December 94.2 68.9 2.1 2.1 21.0 1995 - January 79.1 58.9 1.9 2.1 16.2 February 81.3 60.3 2.0 1.4 17.6 March 113.4 86.0 3.1 3.0 21.3 April 110.2 83.2 2.8 2.5 21.6 May 122.7 95.4 3.4 2.7 21.3 June 129.3 97.5 3.3 3.3 25.1 July 116.4 88.5 2.3 2.4 23.2 August 132.3 101.0 3.2 3.0 25.1 September(r) 121.6 89.5 3.0 3.1 26.0 OCTOBER(p) 122.3 91.2 3.6 3.2 24.2 AVG. RSE(%) 1 1 5 5 1 Not started at end of period - not seasonally adjusted (19,000 permit-issuing places) 1994 - October(1) 120.9 69.1 4.6 47.2 1995 - August(r) 130.4 77.1 4.6 48.7 September(r) 136.0 79.1 4.3 52.6 OCTOBER(p) 132.3 76.8 4.4 51.0 AVG. RSE(%) 4 4 11 6 Thousands of units. Detail may not add to total because of rounding. AVG. RSE(%): Annual - Avg. RSE for the last two years. YTD - Avg. RSE for the current period and the same period last year. Monthly - Avg. RSE for the latest six month period (January-June or July-December). (p) Preliminary. (r) Revised. (X) Not applicable. (Z) Less than 50 units or less than 0.5 percent. (1) In 17,000 permit-issuing places Source: Construction Reports, Series C20, Housing Starts. The C20 Report is available from the U.S. Government Printing Office. Annual subscription: $15.00. Questions regarding these data may be directed to Erica Filipek, Construction Starts Branch, telephone (301) 457-4703. PRIVATELY OWNED HOUSING UNITS AUTHORIZED BY BUILDING PERMITS IN PERMIT-ISSUING PLACES BY REGION: OCTOBER 1995 North- Mid- Period Total east west South West Seasonally adjusted annual rate (19,000 permit-issuing places) 1994 - October 1,401 131 324 592 354 November 1,358 138 304 599 317 December 1,420 168 325 616 311 1995 - January 1,293 128 285 578 302 February 1,282 115 280 547 340 March 1,235 125 275 564 271 April 1,243 128 269 540 306 May 1,243 115 266 539 323 June 1,275 114 280 556 325 July 1,355 113 297 601 344 August 1,368 118 304 601 345 September(r) 1,405 124 299 631 351 OCTOBER(p) 1,395 124 314 631 326 AVG. RSE(%) 1 1 1 1 1 Not seasonally adjusted (19,000 permit-issuing places) 1993 1,333.7 133.9 299.1 560.5 340.3 1994 1,371.6 138.5 305.2 585.5 342.4 AVG. RSE(%) (X) (X) (X) (X) (X) 1994 First 10 months 1,177.0 116.2 263.4 499.5 297.8 1995 First 10 months 1,129.2 104.7 250.5 497.2 276.8 AVG. RSE(%) (Z) 1 1 1 1 1994 - October 117.0 11.9 29.9 46.0 29.2 November 100.5 11.5 23.0 43.4 22.6 December 94.2 10.8 18.8 42.6 22.0 1995 - January 79.1 6.5 12.3 41.5 18.8 February 81.3 5.5 13.7 39.4 22.7 March 113.4 10.2 24.1 53.9 25.2 April 110.2 11.3 24.9 47.2 26.8 May 122.7 12.0 29.5 50.6 30.6 June 129.3 12.1 29.3 53.4 34.5 July 116.4 10.5 27.0 49.2 29.8 August 132.3 11.9 31.3 56.0 33.0 September(r) 121.6 10.8 27.5 54.2 29.1 OCTOBER(p) 122.3 11.9 31.0 51.9 27.5 AVG. RSE(%) 1 1 1 1 1 Not started at end of period - not seasonally adjusted (19,000 permit-issuing places) 1994 - October(1) 120.9 19.2 15.6 58.8 27.4 1995 - August(r) 130.4 16.0 18.1 67.3 28.9 September(r) 136.0 17.0 17.9 73.7 27.3 OCTOBER(p) 132.3 16.4 18.8 73.5 23.5 AVG. RSE(%) 4 11 7 5 7 Thousands of units. Detail may not add to total because of rounding. AVG. RSE(%): Annual - Avg. RSE for the last two years. YTD - Avg. RSE for the current period and the same period last year. Monthly - Avg. RSE for the latest six month period (January-June or July-December). (p) Preliminary. (r) Revised. (X) Not applicable. (Z) Less than 50 units or less than 0.5 percent. (1) In 17,000 permit-issuing places. Source: Construction Reports, Series C20, Housing Starts. The C20 Report is available from the U.S. Government Printing Office. Annual subscription: $15.00. Questions regarding these data may be directed to Erica Filipek, Construction Starts Branch, telephone (301) 457-4703.