Privately-owned housing starts in November 2018 were at a seasonally adjusted annual rate of 1,256,000. This is a 3.2 percent increase above the revised October 2018 estimate of 1,217,000.
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly made the announcement following the release of new residential construction statistics for November 2018.
Privately‐owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,328,000.
Continue reading New residential construction is up from October at Alabama Political Reporter.