December 20, 2022
Housing Starts and Permits (November 2022)
- Starts - Annual Rate 1,427,000. Previous was 1,434,000
- Permits - Annual Rate 1,342,000. Previous was 1,512,000
A goal must be to keep starts above the 1.500,000 annual needed to accommodate expanded population and units lost.
SFR Starts were 781,000.
Source: Census Details: https://www.census.gov/construction/nrc/pdf/newresconst.pdf
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