US Census Bureau: Building Permits for Residential Housing Permits on the Rise

Via the US Census Bureau:

Building permits for private residential housing units were at a seasonally adjusted annual rate of 584,000 in November, which was 6 percent over October’s revised rate of 551,000, the U.S. Census Bureau reported last week. While this was a strong monthly gain, November’s figure was still 7.3 percent below the November 2008 estimate of 630,000.