Housing Starts & Building Permits Jump in December

The U.S. government is reporting that privately‐owned housing starts in December, 2025 were at a seasonally adjusted annual rate of 1,404,000, which is 6.2% higher than November’s revised number but is 7.3% lower than one year ago.  December’s rate for buildings with five units or more was 402k.  Privately‐owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,448,000, which is 4.3% above than November’s revised number and is 2.2% lower than one year ago.  Authorizations of units in buildings with five units or more were at a rate of 515k in December.

Special Notice: The December New Residential Construction release also contains initial estimates for the month of November.

Click here to read the full report at the U.S. Census Bureau.