The US Census Bureau and the Department of Housing and Urban Development jointly announced Wednesday that privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 925,000. This is 1.8 percent above the revised December rate of 909,000 and is 35.2 percent above the January 2012 estimate of 684,000. Single-family authorizations in January were at a rate of 584,000; this is 1.9 percent above the revised December figure of 573,000. Authorizations of units in buildings with five units or more were at a rate of 311,000 in January.
Privately-owned housing starts in January were at a seasonally adjusted annual rate of 890,000., but is 23.6 percent above the January 2012 rate of 720,000. Single-family housing starts in January were at a rate of 613,000; this is 0.8 percent above the revised December figure of 608,000. The January rate for units in buildings with five units or more was 260,000.
Privately-owned housing completions in January were at a seasonally adjusted annual rate of 724,000. This is 6 percent above the revised Dec This is 8.5 percent below the revised December estimate of 973,000ember estimate of 683,000 and is 33.6 percent above the January 2012 rate of 542,000. Single-family housing completions in January were at a rate of 565,000; this is 7 percent above the revised December rate of 528,000. The January rate for units in buildings with five units or more was 152,000.
