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2/18, 2:32 PM (Source: TeleTrader)
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US housing starts down 6% in January

Housing starts in the United States in January were at a seasonally adjusted annual rate of 1,580,000, according to a release by the Census Bureau on Thursday, falling 6% below the revised December estimate of 1,680,000 and down 2.3% from January 2020.

Units authorized by building permits in January stood at 1,881,000, up 10.4% from December and 22.5% higher on an annual basis. Housing completions reached 1,336,000, which was 2.3% lower month-on-month, but 2.4% higher than January 2020.

Breaking the News / DJ