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425,000 refers to what? the number of "homes"?

Forums: English, Esl, Grammar
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oristarA
 
Reply Sat 22 Oct, 2011 05:31 am

Context:
Single-family housing starts rose 1.7 percent to just a 425,000 annual rate.
More:
http://www.usatoday.com/money/economy/housing/story/2011-10-22/americans-housing-market-condominiums/50855820/1
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Type: Question • Score: 0 • Views: 425 • Replies: 2
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Setanta
 
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Reply Sat 22 Oct, 2011 05:43 am
The number of housing starts--which means the number of times a new house construction was begun.
oristarA
 
  1  
Reply Sat 22 Oct, 2011 06:04 am
@Setanta,
Setanta wrote:

The number of housing starts--which means the number of times a new house construction was begun.


Got it. Housing Starts is a proper name.
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