US housing starts down 6.0% in January

12.03.2021 − 

The number of housing starts in the USA during the twelve months up to and including January increased by 6.0% vis à vis the corrected figures for December, to 1.186m units. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development this was 2.3% down on the figure recorded in January 2020 (1.617m units). By comparison with the other months, the figures recorded in January were higher. According to figures published by the U.S. Census Bureau, the decline in housing starts of detached houses (-12.2% to 1.162m units) was only partially compensated by an increase in multi-family houses (+16.2% to 402,000 units). With regard to the different regions, there was a decrease in the number of housing starts in the south (-2.5% to 829,000 units), the west (-11.4% to 396,000 units) as well as the mid-west (-12.3% to 221,000 units). The only region for which the Census Bureau recorded an increase was the north-east (+2.3% to 134,000 units).

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