US Housing Starts Rise 1,669K In December (+5.8), 5+ Starts Down -15.22% (Give Me A V!)

by confoundedinterest17

The last housing starts data under President Trump was a winner. Housing starts rose 1,669k units in December (a 5.8% increase). The fastest pace since 2006. Building permits were up 4.5%.

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The housing starts were largely 1-unit (+11.97%) and not apartments (5+ unit starts fell -15.22%).

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Of course, declining mortgage rates helped drive December housing starts.

 

 

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