Housing Starts Up 6.2% In December, Higher Than Expected

Advisor Perspectives Charts6.57K FollowersFollow5ShareSavePlay(5min)CommentsSummaryHousing starts rose 6.2% in December to a seasonally adjusted annual rate of 1.404 million, exceeding the forecast of 1.310 million.In December, single-family housing starts were at a seasonally adjusted annual rate of 0.981 million, the highest level in ten months.Multi-family building housing starts were at a seasonally adjusted annual rate of 0.402 million. Alistair Berg/DigitalVision via Getty Images By Jennifer Nash Housing starts rose 6.2% in December to a seasonally adjusted annual rate of 1.404 million, exceeding the forecast of 1.310 million. This represents a -7.3% decline compared to one year ago.This article was written byAdvisor Perspectives Charts6.57K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.