“Privately”owned housing starts in December were at a seasonally adjusted annual rate of 1,078,000,” the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced on Tuesday.
Key takeaways from the press release
- This is 11.2 percent below the revised November estimate of 1,214,000 and is 10.9 percent below the December 2017 rate of 1,210,000.
- Privately”owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,326,000.
- This is 0.3 percent above the revised November rate of 1,322,000 and is 0.5 percent above the December 2017 rate of 1,320,000.
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