Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,781,000. This is 5.6 percent (±0.9%) below the revised December rate of 1,887,000, but is 5.6 percent (±1.1%) above the January 2002 estimate of 1,686,000. Single-family authorizations in January were at a rate of 1,415,000; this is 0.3 percent (±0.9%) above the December figure of... [more...]