New Year Brings In Housing Starts Dip
U.S. housing starts dropped 4.1% in January 2022 from December to a seasonally adjusted annual rate of 1.638 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts in January were at a rate of 1.116 million, 5.6% below December, while multi-family (five units or more) starts were 510,000, down 2.1% from December.
U.S. Census Bureau now reports that 2021 housing starts came in at 1.597 million, with single-family at 1.125 million, compared to 1.379 million and 990,500, respectively, in 2020
The January starts decline followed three consecutive months of increase.
Housing building permits were at a seasonally adjusted rate of 1.899 million, less than a percent above December, though single-family at 1.205 million was 6.8% above December. Multi-family permit rate was 629,000, down nearly 9% from December.
U.S. Housing Starts Complete Robust Year
Single-Family, Multi-Family Starts Flourished In November
Single-Family Housing Has Narrow Drop, Multi-Family Rises, Permits Looking Good
Housing Starts Show Modest Decline In September
Multi-Family Leads Way In U.S. Housing Jump
Housing Starts Dip, Permits Still Gain
Housing Starts Gain Steam, Though Permits Show Slight Decline
Housing Starts Increase In May, Far Ahead Of One Year Ago
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. Housing Starts Hit A High Note
U.S. Housing Dips Again in February; Pandemic Started Hitting Home A Year Ago
Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good
Housing Starts Finish Year With A Bang
U.S. Housing Starts Continue Upward
U.S. Single-Family Starts Jump for Sixth Month In Row
Single-Family Housing Starts Rise Again
Single-Family Housing Starts Go Up
U.S. Housing Starts Show Big Increase
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