Housing Starts Boom
2019 National Housing Starts, one of the greatest predictors of future housing growth, just shot up 16.9% above the November 2019 estimate. According to the Census Bureau’s release on 1/17/2020, “Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,608,000. This is 16.9 percent (+/-12.8 percent) above the revised November estimate of 1,375,000…”
Similar indicators, such as rises in Building Permits, and Housing Completions, were also on the rise in December 2019. Click Here to see the report at Census.gov on the Housing Starts Boom
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