Privately‐owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,269,000. This is 1.7 percent (±1.4 percent) below the revised February rate of 1,291,000 and is 7.8 percent (±1.9 percent) below the March 2018 rate of 1,377,000. Single‐family authorizations in March were at a rate of 808,000; this is 1.1 percent (±1.5 percent)* below the revised February figure of 817,000. Authorizations of units in buildings with five units or more were at a rate of 425,000 in March. Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1,139,000. This ... (full story)