Data Updates

Data Updates

Keeping you up to date on the latest data releases.

August 2014

  • 01.19.2012
  • Housing Starts
  • New privately-owned housing starts fell in December, declining 4.1 percent to a seasonally-adjusted annualized rate of 657,000 units. December’s performance was mixed as new single-family structures started improved while new multi-family housing units started—which tend to be highly volatile—fell significantly. In December, new single-family housing starts rose for the third consecutive month, increasing 4.4 percent to a seasonally-adjusted annualized rate of 470,000 units. Moreover, compared to December 2010, new single-family housing units started are up 11.6 percent, representing the largest year-over-year increase in the series since May 2010. Comparatively, new multi-family housing units started declined 20.4 percent to a seasonally-adjusted annualized rate of 187,000 units. On a year-over-year basis, new multi-family housing units started are up 78.1 percent.

    New privately-owned housing units authorized fell slightly in December, falling 0.1 percent to a seasonally-adjusted annualized rate of 679,000 units. Again, December&rsqou;s performance was mixed as new single-family housing units authorized rose while multi-family housing units authorized fell. New single-family housing authorized rose 1.8 percent to a seasonally-adjusted annualized rate of 444,000, representing the highest level since December 2010. On a year-over-year basis, new single-family authorizations are down 0.2 percent. Multi-family housing units authorized fell in December, declining 3.7 percent to a seasonally adjusted annualized rate of 235,000 units. Compared to December 2010, multi-family housing units authorized are up 27.0 percent.