Privately owned housing starts in February were at a seasonally adjusted annual rate of 1,178,000. This is 5.2 percent above the revised January estimate of 1,120,000 and 30.9 percent above the February 2015 rate of 900,000.
Single-family housing starts in February were at a rate of 822,000; this is 7.2 percent above the revised January figure of 767,000. The February rate for units in buildings with five units or more was 341,000.
Privately-owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,167,000. This is 3.1 percent below the revised January rate of 1,204,000, but 6.3 percent above the February 2015 estimate of 1,098,000.
Single-family authorizations in February were at a rate of 731,000; this is 0.4 percent above the revised January figure of 728,000. Authorizations of units in buildings with five units or more were at a rate of 401,000 in February.
Privately-owned housing completions in February were at a seasonally adjusted annual rate of 1,016,000. This is 4.2 percent below the revised January estimate of 1,060,000, but is 17.5 percent above the February 2015 rate of 865,000.
Single-family housing completions in February were at a rate of 736,000; this is 6.1 percent above the revised January rate of 694,000. The February rate for units in buildings with five units or more was 261,000.
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