U.S. housing starts dip 2.6% in January

• February 16, 2017
• realestatelife
• Business & Markets, Real Estate Finance

Construction on new houses fell 2.6% in January, but another increase in permits points to builders breaking ground on more units in the months ahead. Housing starts took place at an annual rate of 1.246 million last month, the government said Thursday. That’s how many houses would be built in the U.S. in 2017 if the same amount of construction that took place in January occurred in each month of the year. Building Permits 1.285M vs. estimates of 1.230M