Housing Starts Trip Up

But Could ‘Easily’ Exceed 1.3 Million This Year
Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 11.8 percent to 836,000. Starts for units in buildings with five units or more came in at 352,000.
Also below expectations were permits, but only 0.1 percent from November, to 1,302,0