U.S. Housing Starts Fall in December as Single-Family Projects Decline - News Summed Up

U.S. Housing Starts Fall in December as Single-Family Projects Decline


By Ed FranklU.S. housing starts fell in December, albeit by less than expected, driven by less single-family construction. --Housing starts, a measure of U.S. homebuilding, fell 4.3% in December to a seasonally adjusted annual rate of 1.460 million. Housing starts overall decreased on month in the Northeast, Midwest and South regions, but ticked up in the West. --November's housing starts were downwardly revised to 1.525 million from the 1.560 million initially estimated. --Monthly housing starts data are volatile.


Source: Wall Street Journal January 18, 2024 14:12 UTC



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