Keeping you up to date on the latest data releases.
- Housing Starts
In November, the groundbreaking of new single-family residential homes rose 20.8 percent for the month and is up 26.2 percent over the past 12 months to a seasonally-adjusted annualized rate of 727,000 units. This represents the high level of housing starts since March 2008 and is more than double the trough reached in early 2009. The authorization of single-family home building permits also rose to the highest level since early 2008, up 2.1 percent for the month and 10.5 percent since last November to a seasonally-adjusted rate of 634,000 permits issued.