Housing Starts Jump In January!
Posted: February 20, 2018 | Source: www.realtor.comNew housing construction jumped 9.7% from December to January to an annual rate of over 1.3 million homes. However most of the increase was in multi-family construction up 24% while single family homes increased 3.7%. Permits for future construction rose over 25% for multi-family homes while single-family home permits went down 1.7%.