Axiometrics, Inc. | Permitting Report: December 2013

(Axiometrics, Inc.) The U.S. Census Bureau’s metropolitan statistical area (MSA) residential permitting report for December 2013 reflected a sharper slowdown in permits than expected.

The statistics, released on January 17, showed that privately owned housing units authorized by building permits in December were 986,000, measured on a seasonally adjusted annual rate (SAAR). This represented a decrease of 3.0% from the revised November rate of 1,017,000, though it is still 4.6% higher than the December 2012 estimate of 943,000. Consensus estimates furthermore called for an additional 0.3% decline.

via Permitting Report: December 2013.

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