Source: SBC™ Magazine

SBCA is pleased to announce the January housing starts and building permit data is now available online! Below is a summary.

U.S.

January housing starts (released February 16) increased 9.7% to 1,326,000 units. Single-family starts increased 3.7% to 877,000 units, while multi-family increased by 23.7% to 449,000 units. Total U.S. permits, an indicator of future construction, increased by 7.4% to 1,396,000 units (SAAR).

Starts increased in 3 regions:

• Northeast (+ 45.5%)
• Midwest (- 10.2%)
• South (+ 9.3%)
• West (+ 10.7%)

Click here to see the full U.S. report.