Single-family housing starts and building permits dropped from May to June, the U.S. Census Bureau and U.S. Department of Housing and Urban Development reported today. And housing starts, building permits and housing completions for all privately owned housing units also declined from May to June. In May, single-family building permits were also down from April totals, as were single-family housing starts. And single-family housing completions increased from April to May.

Building permits for single-family homes were at a rate of 1.51 million in June, which is 6.2 percent (with a 0.7 percent error margin) less than the May number of 1.65 million. Single-family housing starts were at 1.49 million in June, which is 9.5 percent (plus or minus 7 percent) below the May total. But single-family housing completions showed a 1.5 percent gain (with a 10.2 percent error margin) from May to June, the agencies reported.

The number of building permits for privately owned housing units dipped 8.2 percent (plus or minus 0.8 percent) from May to June, but is 2.8 percent (plus or minus 1 percent) above the June 2003 estimate. Privately owned housing starts dropped 8.5 percent (plus or minus 7.1 percent) from May 2004 to June 2004, and fell 2.6 percent (plus or minus 6.1 percent) below the June 2003 rate. Privately owned housing completions dropped 3.9 percent (with a 9.1 percent error margin) from May 2004 to June 2004, but were up 11.5 percent (plus or minus 9.2 percent) from June 2003 numbers.

Privately owned housing units authorized by building permits in were up from April to May, while privately owned housing starts and privately owned housing completions dropped from April to May.

New privately owned housing-unit starts slipped 16.5 percent from May to June in the West–the most dramatic drop in all regions of the country. The number of new privately owned housing units completed dropped about 11 percent from May to June in the Midwest, and about 9.2 percent in the South, the report states.


Send tips or a Letter to the Editor to or call (510) 658-9252, ext. 137.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription