Privately-owned housing starts in February were at a seasonally adjusted annual rate of 583,000, 22.2% above January, but is 47.3% below February 2008, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
Single-family housing starts in February were at a rate of 357,000; this is 1.1% above the January figure of 353,000. The February rate for units in buildings with five units or more was 212,000.
By region, housing starts in the Northeast were down 44.8% from February 2008; in the Midwest, they were down 45.5%. Starts dropped 42.5% in the South, and the West experienced a decrease of 59.1%.
Permits
Privately-owned housing units authorized by building permits in February were at a seasonally adjusted …
U.S. Housing Starts Up 22.2% In February
Privately-owned housing starts in February were at a seasonally adjusted annual rate of 583,000, 22.2% above January, but is 47.3% below February 2008, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
Single-family housing starts in February were at a rate of 357,000; this is 1.1% above the January figure of 353,000. The February rate for units in buildings with five units or more was 212,000.
By region, housing starts in the Northeast were down 44.8% from February 2008; in the Midwest, they were down 45.5%. Starts dropped 42.5% in the South, and the West experienced a decrease of 59.1%.
Permits
Privately-owned housing units authorized by building permits in February were at a seasonally adjusted …
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