Privately owned housing starts in November were at a seasonally adjusted annual rate of 1,173,000, according to the U.S. Census Bureau and the Department of Housing and Development. This is 10.5 percent above the revised October estimate of 1,062,000 and 16.5 percent above the November 2014 rate of 1,079,000.
Single-family housing starts in November were at a rate of 768,000; this is 7.6 percent above the revised October figure of 714,000. The November rate for units in buildings with five units or more was 398,000.
Privately owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,289,000. This is 11 percent above the revised October rate of 1,161,000 and is 19.5 percent above the November 2014 estimate of 1,079,000.
Single-family authorizations in November were at a rate of 723,000; this is 1.1 percent above the revised October figure of 715,000. Authorizations of units in buildings with five units or more were at a rate of 539,000 in November.
Privately owned housing completions in November were at a seasonally adjusted annual rate of 947,000. This is 3.2 percent below the revised October estimate of 978,000, but is 9.2 percent above the November 2014 rate of 867,000.
Single-family housing completions in November were at a rate of 632,000; this is 0.3 percent above the revised October rate of 630,000. The November rate for units in buildings with five units or more was 306,000.
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