March Housing Starts: Most Housing Units Under Construction Since 1973

Housing Starts Increased to 1.793 million Annual Rate in March

From the Census Bureau: Permits, Starts and Completions

Housing Starts:

Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1,793,000.  This is 0.3 percent above the revised February estimate of 1,788,000 and is 3.9 percent above the March 2021 rate of 1,725,000.  Single‐family housing starts in March were at a rate of 1,2…