Jan. 20, 2005: Single-Family Housing Starts Set Record In 2004
WASHINGTON - Following a decline associated with unusually wet weather in November, housing starts bounced back in December, bringing single-family housing starts to a record annual level in 2004.
Housing starts in December climbed 10.9 percent to a seasonally adjusted annual rate of 2.004 million, according to U.S. Department of Commerce statistics. A total of 1.953 million housing units were started in 2004, up 5.7 percent from 1.848 million starts in 2003.