The U.S. government is reporting that privately‐owned housing starts in February, 2025 were at a seasonally adjusted annual rate of 1,501,000, which is 11.2% higher than January’s revised number and is 2.9% lower than one year ago. February’s rate for units in buildings with five units or more was 370k. Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,456,000, which is 1.2% lower than January’s revised number and is 6.8% lower than one year ago. Authorizations of units in buildings with five units or more were at a rate of 404k in December.
Click here to read the full report at the U.S. Census Bureau.
The post Housing Starts Jump 11% in February appeared first on Real Estate Investing Today.
Written by: Brad Beckett