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December 20, 2022

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

 

Posted at 08:34 AM in Economic Fundamentals |

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