U.S. Housing Starts Gain Momentum

U.S. housing starts picked up the pace in February, increasing 6.8% over January to a seasonally adjusted annual rate of 1.769 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.

Single-family starts in February were at a rate of 1.215 million, up 5.7% over January, while multi-family starts (five units or more) were 501,000, up 0.8%.

The February numbers top any monthly numbers in 2022, when annual housing starts hit 1.6 million. Housing starts had dropped 4% in January from December.

Housing building permits were at a seasonally adjusted rate of 1.859 million, down nearly 2% from January. Single-family permits were 1.207 million, off 0.5%, while multi-family was 597,000, down 4.5% from January.

New Year Brings In Housing Starts Dip

U.S. Housing Starts Complete Robust Year

Single-Family, Multi-Family Starts Flourished In November

Single-Family Housing Has Narrow Drop, Multi-Family Rises, Permits Looking Good

Housing Starts Show Modest Decline In September

Multi-Family Leads Way In U.S. Housing Jump

Housing Starts Dip, Permits Still Gain

Housing Starts Gain Steam, Though Permits Show Slight Decline

Housing Starts Increase In May, Far Ahead Of One Year Ago

Single-Family Starts Dip, But Multi-Family Ticks Upward

U.S. Housing Starts Hit A High Note

U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago

Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good

Housing Starts Finish Year With A Bang

U.S. Housing Starts Continue Upward

U.S. Single-Family Starts Jump for Sixth Month In Row

Single-Family Housing Starts Rise Again

Single-Family Housing Starts Go Up

U.S. Housing Starts Show Big Increase

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