New Housing Permits, Starts, & Completions February Of 2023
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On March 16, 2023, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported nationwide housing building permits higher 13.8% to 1,524,000 units in February of 2023 from 1,339,000 units in January of 2023, but dropped 17.9% from 1,726,000 in February of 2022. Single family building permits gained 7.6% to a rate of 777,000 units in February of 2023 from 722,000 units in January of 2023, and there were 700,000 multifamily building permits issued in February of 2023.Nationwide housing starts increased 9.8% to 1,450,000 units in February of 2023 from 1,321,000 units in January of 2023 but fell 18.4% from 1,777,000 units in February of 2022. Single family starts higher 1.1% to a rate of 830,000 units in February of 2023 from 821,000 in January of 2023, and ther...
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