The US Census Bureau and the Department of Housing and Urban Development jointly announced that privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,143,000. This is 10.1 percent (±2.2 percent) above the revised March rate of 1,038,000 and is 6.4 percent (±2.1 percent) above the April 2014 estimate of 1,074,000. Single-family authorizations in April were at a rate of 666,000; this is 3.7 percent (±0.9 percent) above the revised March figure of 642,000. Authorizations of units in buildings with five units or more were at a rate of 444,000 in April.
Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,135,000. This is 20.2 percent (±14.4 percent) above the revised March estimate of 944,000 and is 9.2 percent (±10.6 percent)* above the April 2014 rate of 1,039,000. Single-family housing starts in April were at a rate of 733,000; this is 16.7 percent (±10.6 percent) above the revised March figure of 628,000. The April rate for units in buildings with five units or more was 389,000.
Privately-owned housing completions in April were at a seasonally adjusted annual rate of 986,000. This is 20.4 percent (±14.1 percent) above the revised March estimate of 819,000 and is 19.4 percent (±15.2 percent) above the April 2014 rate of 826,000. Single-family housing completions in April were at a rate of 688,000; this is 14.5 percent (±12.4 percent) above the revised March rate of 601,000. The April rate for units in buildings with five units or more was 288,000.