The 2020 Mid-Year Economic Update_long

Housing Starts Up 23.6% in January

At an annual rate of 890,000, January starts were 8.5 percent below December.

Privately-owned housing starts in January were at a seasonally adjusted annual rate of 890,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.5 percent below December but 23.6 percent above January 2012.

Single-family housing starts in January were 613,000, 0.8 percent above the revised December figure of 608,000. The January rate for units in buildings with five units or more was 260,000.

Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 925,000. This is 1.8 percent above the revised December rate of 909,000 and is 35.2 percent above the January 2012 estimate of 684,000.

Single-family authorizations in January were 584,000, 1.9 percent above the revised December figure of 573,000. Authorizations of units in buildings with five units or more were 311,000 in January.

Privately-owned housing completions in January were at a seasonally adjusted annual rate of 724,000. This is 6 percent above the revised December estimate of 683,000 and is 33.6 percent above the January 2012 rate of 542,000.

Single-family housing completions in January were 565,000; this is 7 percent above the revised December rate of 528,000. The January rate for units in buildings with five units or more was 152,000.

Download the pdf below for more details.

Click Here

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.