This is a massive number for the housing market and very positive news! You would NEVER no from watching cable News that there is MORE good news in the world, then you can shake a stick at!
New Residential Construction
01/17/2020 08:30 AM EST
Privately-owned housing starts in December 2019 were at a seasonally adjusted annual rate of 1,608,000. This is 16.9 percent (+/- 12.8%) above the revised November 2019 estimate of 1,375,000.
December 2019: +16.9 % change
November 2019 (r): +2.6* % change
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