The federal government today released new residential construction data for December 2015 showing that housing starts have remained above the one million mark – the 9th straight month this has happened since 2007. In addition, total building permits fell 3.9% compared to last month with permits for single-family homes rising 1.8% and multi-family falling 11.4%. An estimated 965,700 housing units were completed in 2015. This is 9.3% above the 2014 figure of 883,800.
Click here to read the release from the US Department of Commerce.
