The volume of new homes in the U.S. in October 2011 compared with the previous month decreased by 0.3% and amounted to 628 thousand units. Such data are in his report to the U.S. Department of Commerce.
Experts predicted that this figure for the previous month will be 606 thousand homes. The figure for October 2011, as compared to the same month in 2010 increased by 16.5%.
The number of permits issued for construction of new homes in October 2011 from a revised figure for September 2011 increased by 10.9% - up to 653 thousand units. Compared with October 2010, the number of permits for new home construction in October 2011 increased by 17.7%.