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Tuesday, March 18, 2025

Newsletter: Housing Starts Increased to 1.501 million Annual Rate in February; Length of Time from Start to Completion Declined in 2024

by Calculated Risk on 3/18/2025 09:38:00 AM

Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Increased to 1.501 million Annual Rate in February

A brief excerpt:

Total housing starts in February were above expectations; however, starts in December and January were revised down slightly, combined.

The third graph shows the month-to-month comparison for total starts between 2024 (blue) and 2025 (red).

Starts 2023 vs 2024Total starts were down 2.9% in February compared to February 2024. Starts bounced back in the Northeast region after being down sharply year-over-year in January (likely weather related).
There is much more in the article.