Housing Starts Up 3.9 Percent In November

Housing starts were up more than expected in November due to a 6.9 percent jump in single-family home construction. According to data from the U.S. Census Bureau and the Department of Housing and Urban Development, total housing starts rose 3.9 percent from October but are 5.8 percent below November 2009 levels. Building permits fell 4.0 percent from a month earlier, though single-family authorizations were up 3.0 percent over October’s revised figure. More here and here.

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