Boston Real Estate Investors Association

Housing Starts & Building Permits Up in November

Housing Starts & Building Permits Up in November

The U.S. government is reporting that privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,365,000.  This figure is 3.2% above October’s revised estimate of and is 13.6% higher than November.  Single‐family housing starts in November were at a rate of 938k, which is 2.4% higher than October’s revised figure.  November’s rate for units in buildings with five units or more was 404k.  Privately‐owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,482,000.  This figure is 1.4% higher than October’s revised rate and is 11.1% higher than November, 2018.  Single‐family authorizations in November were at a rate of 918k, which is 0.8% higher than October’s revised number. Authorizations of units in buildings with five units or more were at a rate of 524k in November.

Click here to read the full report at the U.S. Census Bureau.

 

The post Housing Starts & Building Permits Up in November appeared first on Real Estate Investing Today.

Review Your Cart
0
Add Coupon Code
Subtotal

 
Scroll to Top
Skip to content