May 19, 2009
Graph of the Day: Housing Starts, 1968-2009
From Calculated Risk:
Total housing starts were at 458 thousand (SAAR) in April, the all time record low. The previous record low was 488 thousand in January (the lowest level since the Census Bureau began tracking housing starts in 1959).
Single-family starts were at 368 thousand (SAAR) in April; just above the revised record low in January (357 thousand).
Permits for single-family units were 373 thousand in April, suggesting single-family starts will remain at about the same level in May.
Here is the Census Bureau report on housing Permits, Starts and Completions. …
Housing Starts at Record Low in April
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