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