Privately owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,682,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 17% above the February 2020 rate of 1,438,000 and 10.8% below the revised January rate of 1,886,000.

Single-family authorizations in February were at a rate of 1,143,000; this is 10% below the revised January figure of 1,270,000. Authorizations of units in buildings with five units or more were at a rate of 495,000 in February.

Privately owned housing starts in February were at a seasonally adjusted annual rate of 1,421,000. This is 9.3% below the February 2020 rate of 1,567,000 and 10.3% below the revised January estimate of 1,584,000. Single-family housing starts in February were at a rate of 1,040,000; this is 8.5% below the revised January figure of 1,136,000. The February rate for units in buildings with five units or more was 372,000.

Privately owned housing completions in February were at a seasonally adjusted annual rate of 1,362,000. This is 5% above the February 2020 rate of 1,297,000 and 2.9% above the revised January estimate of 1,324,000. Single-family housing completions in February were at a rate of 1,042,000; this is 2.8% above the revised January rate of 1,014,000. The February rate for units in buildings with five units or more was 314,000.