by Calculated Risk on 2/16/2024 09:20:00 AM

Today, in the Calculated Risk Real Estate Newsletter: Single Family Starts Up 22% Year-over-year in January; Multi-Family Starts Down Sharply

A brief excerpt:

Note that permits held up better than starts in January, and housing starts were probably impacted by the severe weather last month.
...
The third graph shows the month-to-month comparison for total starts between 2023 (blue) and 2024 (red).

Total starts were down 0.7% in January compared to January 2023.

Starts were down year-over-year for 17 of the last 21 months, although starts were up year-over-year in 4 of the last 9 months.

There is much more in the article.