US housing starts fall to lowest figure since August

After incoming orders in German housing construction, adjusted to account for seasonal influences and calendar effects, had declined by 29.0% in November 2022, the year-on-year decline intensified to -31.8% in December. The base effect must be taken into account in this context, however, as the figure recorded in...

In French housing construction, building starts in December 2022 increased for the first time since January. According to the French Ministry of Construction (Paris), the previous year’s figure of 35,000 (Dec. 2021: 31,000) units was exceeded by 13%. In January, building starts had increased by 3% vis à vis the...

In the 12-month period up to and including January 2023, housing starts in the USA declined by 4.5% to 1.309m (Jan.-Dec. 2022: 1.371m) units vis à vis the adjusted December figures. The decline recorded since August therefore continued. Compared to the peak figure reached in April (1.805m units), the decrease meanwhile...