Building Permits
Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,376,000. This is 5.4 percent below the revised December rate of 1,455,000 and is 5.8 percent below the January 2025 rate of 1,460,000. Single-family authorizations in January were at a rate of 873,000; this is 0.9 percent below the revised December figure of 881,000. Authorizations of units in buildings with five units or more were at a rate of 453,000 in January.

Housing Starts
Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,487,000. This is 7.2 percent (±13.7 percent)* above the revised December estimate of 1,387,000 and is 9.5 percent (±16.5 percent)* above the January 2025 rate of 1,358,000. Single-family housing starts in January were at a rate of 935,000; this is 2.8 percent (±10.8 percent)* below the revised December figure of 962,000. The January rate for units in buildings with five units or more was 524,000.

Housing Completions
Privately-owned housing completions in January were at a seasonally adjusted annual rate of 1,527,000. This is 4.8 percent (±9.9 percent)* above the revised December estimate of 1,457,000, but is 7.5 percent (±10.1 percent)* below the January 2025 rate of 1,651,000. Single-family housing completions in January were at a rate of 970,000; this is 1.0 percent (±7.8 percent)* below the revised December rate of 980,000. The January rate for units in buildings with five units or more was 532,000.