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Housing Completions Increase Between February 2013 and March 2013

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HOUSING COMPLETIONS FOR BOTH PRIVATELY-OWNED AND SINGLE-FAMILY HOUSING INCREASED BETWEEN FEBRUARY 2013 AND MARCH 2013
  • Privately-owned housing completions in March 2013 were at a seasonally adjusted annual rate of 800,000. This is 11.0 percent (±20.6%)* above the revised February estimate of 721,000 and is 36.3 percent (±23.3%) above the March 2012 rate of 587,000.
  • Single-family housing completions in March 2013 were at a rate of 593,000; this is 2.6 percent (±13.1%)* above the revised February 2013 rate of 578,000 and a 29 percent increase from the February 2012 rate of 421,000. The March 2013 rate for units in buildings with five units or more was 202,000.

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