Housing Economics - 02/17/2011 (Plain Text Version)

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In this issue:
Multifamily Construction Boosts Housing Starts in January
2012 Multifamily Forecast Report
Housing Market Statistics
HousingEconomics.com Complimentary Special Study Reports


Multifamily Construction Boosts Housing Starts in January

Nationwide housing starts rose 14.6 percent to a seasonally adjusted annual rate of 596,000 units in January...

Housing Starts and Building Permits for September 2010

 

DATE

CURRENT

LAST

% Change

Download Starts and Permits

Starts

2/16/2011

596Th

 

520Th

+14.6%

Permits

2/16/2011

562Th

 

627Th

-10.4%

Nationwide housing starts rose 14.6 percent to a seasonally adjusted annual rate of 596,000 units in January, according to figures released by the U.S. Commerce Department today. The gain was entirely due to a 77.7 percent increase in the multifamily sector, where significant month-to-month swings in activity are not unusual and where new building has been below expectations for the past several months. Meanwhile, single-family housing starts remained virtually flat for the month, with a 1.0 percent decline. Full story

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