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January Housing Starts: Near Record Number of Housing Units Under Construction

January Housing Starts: Near Record Number of Housing Units Under Construction

Housing Starts Decreased to 1.309 million Annual Rate in January

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Feb 16, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
January Housing Starts: Near Record Number of Housing Units Under Construction
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From the Census Bureau: Permits, Starts and Completions

Housing Starts:
Privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,309,000. This is 4.5 percent below the revised December estimate of 1,371,000 and is 21.4 percent below the January 2022 rate of 1,666,000. Single‐family housing starts in January were at a rate o…

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