U.S. Housing Starts Up in November
U.S. housing starts in November were at a seasonally adjusted annual rate of 1.37 million, up 3.2% from the revised October estimate and 13.6% higher than the comparable month last year. Single-family housing starts rose 2.4% from October to 938,000.
U.S. building permits in November were at a seasonally adjusted annual rate of 1.48 million, rising 1.4% from October and increasing 11.1% from the same month in 2018. Single-family authorizations rose 0.8% above October to 918,000. See U.S. Census Bureau