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ECONOMIC

Report - The American Presidency Project

Report - The American Presidency Project

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TABLE C-39.—New housing starts and applications for financing, 1929-73—Continued[Thousands of units]Year or monthPrivate andpublic iTotal(farmandnonfarm)NonfarmHousing startsPrivate 1Total (farm and nonfarm)TotalType ofstructure *OnefamilyTwo ormorefamiliesGovernmenthome programs(nonfarm) 3FHA*VANewprivatehousingunitsauthorizedsProposedhome construction8ApplicationsforFHAcommitments*RequestsforVAappraisalsSeasonally adjusted annual rates1972: Jan..Feb..Mar..Apr..May..June.July..Aug—Sept.Oct..Nov..Dec..1973: Jan..Feb..Mar..Apr..May..June.July..Aug..Sept.Oct..Nov*.Dec*.150.9153.6205.8213.2227.9226.2207.5231.0204.4218.2187.1152.7147.3139.5201.1205.4234.2203.4203.2199.9148.9149.5132.988.62,4392,5402,3132,2042,3182,3152,2442,4242,4262,4462 3952,3692,4972,4562,2602,1232,4132,1282,1912,0941,8041,6461,6961,3551,3951,2811,3101,2151,3081,2831,3191,3731,3821,3151,324,2071,4501,3721,2451,202[,2711,1241,2471,1259829569367621,0441,2601,0039891,0111,0329251,0511,0451,1311,0711,1621,0471,0841,0159211,1421,004944969822690760593350 115285 118260 123221 104197 100182 99176 107179 103175 106149 98125 92106 8687 96111 10592 10174 10081 11180 8880 8769 9168 7152 6257 5637 642,2652,1682,1532,1462,0452,2012,1962,2812,3662,3182,2262,3992,2332,2092,1291,9391,8382,0301,7801,7501,5961,3161,3141,2313253232641111111112242071661471621311241009368891039370945057302322262092431982192002021921892071942222172011691611661351431331411361191 Units in structures built by private developers for sale upon completion to local public housing authorities under theDepartment of Housing and Urban Development "Turnkey" program are classified as private housing. Military housingstarts, including those financed with mortgages insured by FHA under Section 803 of the National Housing Act, are includedin publicly owned starts but excluded from total private starts and from FHA starts.2 Not available prior to 1959 except for nonfarm for 1929-44.3 Data are not available for new homes started under the Department of Agriculture, Farmers Home Administrationprogram.4 Units are for 1- to 4-family housing.« Authorized by issuance of local building permit: in 14,000 permit-issuing places beginning 1972; 13,000 for 1967-71;12,000 for 1963-66; and 10,000 prior to 1963.e Units in mortgage applications or appraisal requests for new home construction.7 Monthly estimates for September 1945-May 1950 were prepared by Housing and Home Finance Agency.8 Not available separately beginning January 1970.Sources: Department of Commerce, Department of Housing and Urban Development, and Veterans Administration(except as noted).295

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