From the Census Bureau: Permits, Starts and Completions
Click on graph for larger image.
The first graph shows single and multi-family housing starts for the last several years.
Multi-family starts (red, 2+ units) decreased sharply in January.
Single-family starts (blue) increased to 613,000 thousand in January and are at the highest level since 2008.
Housing Starts:
Privately-owned housing starts in January were at a seasonally adjusted annual rate of 890,000. This is 8.5 percent below the revised December estimate of 973,000, but is 23.6 percent above the January 2012 rate of 720,000.
Single-family housing starts in January were at a rate of 613,000; this is 0.8 percent above the revised December figure of 608,000. The January rate for units in buildings with five units or more was 260,000.
Building Permits:
Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 925,000. This is 1.8 percent above the revised December rate of 909,000 and is 35.2 percent above the January 2012 estimate of 684,000.
Single-family authorizations in January were at a rate of 584,000; this is 1.9 percent above the revised December figure of 573,000. Authorizations of units in buildings with five units or more were at a rate of 311,000 in January.
Click on graph for larger image.The first graph shows single and multi-family housing starts for the last several years.
Multi-family starts (red, 2+ units) decreased sharply in January.
Single-family starts (blue) increased to 613,000 thousand in January and are at the highest level since 2008.