Housing Starts See Improvement

 

Single-family housing starts in January were at a rate of 413,000; this is 1.0 percent (???????(R)???????+???????(R)??????oe???????(R)???????+???????(R)????????8.6 percent)* below the revised December figure of 417,000. The January rate for units in buildings with five units or more was 171,000.
Courtesy of Todd Alder Construction

Privately-owned housing starts in January were at a seasonally adjusted annual rate of 596,000. This is 14.6 percent above the revised December estimate of 520,000, but is 2.6 percent below the January 2010 rate of 612,000. This is still an area that needs a lot of growth and recovery.

– Courtesy of Mortgage News Daily