Privately owned housing starts in January were at a seasonally adjusted annual rate of 1,099,000. This is 3.8 percent below the revised December estimate of 1,143,000, but 1.8 percent above the January 2015 rate of 1,080,000.
Single-family housing starts in January were at a rate of 731,000; this is 3.9 percent below the revised December figure of 761,000. The January rate for units in buildings with five units or more was 354,000.
Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate 1,202,000. This is 0.2 percent below the revised December rate of 1,204,000, but 13.5 percent above the January 2015 estimate of 1,059,000.
Single-family authorizations in January were at a rate of 720,000; this is 1.6 percent below the revised December figure of 732,000. Authorizations of units in buildings with five units or more were at a rate of 442,000 in January.
Privately-owned housing completions in January were at a seasonally adjusted annual rate of 1,057,000. This is 2 percent above the revised December estimate of 1,036,000 and 8.4 percent above the January 2015 rate of 975,000.
Single-family housing completions in January were at a rate of 693,000; this is 1.4 percent below the revised December rate of 703,000. The January rate for units in buildings with five units or more was 351,000.
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