Homestead Mortgage, L.C.
January Housing Starts
After hitting a four-month high in December of 973,000 units on an annualized basis, Housing Starts dropped by 8.5% in January from December after jumping nearly 16% from November to December. The Housing Starts repor...t measures the number of residential units on which construction is begun each month. A start in construction is defined as the beginning of excavation of the foundation for the building and is comprised primarily of residential housing.
After hitting a four-month high in December of 973,000 units on an annualized basis, Housing Starts dropped by 8.5% in January from December after jumping nearly 16% from November to December. The Housing Starts repor...t measures the number of residential units on which construction is begun each month. A start in construction is defined as the beginning of excavation of the foundation for the building and is comprised primarily of residential housing.
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