Building Permits
Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,505,000. This is 6.1 percent above the revised October rate of 1,419,000, but is 0.2 percent below the November 2023 rate of 1,508,000. Single-family authorizations in November were at a rate of 972,000; this is 0.1 percent above the revised October figure of 971,000. Authorizations of units in buildings with five units or more were at a rate of 481,000 in November.

Housing Starts
Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000. This is 1.8 percent (±10.6 percent)* below the revised October estimate of 1,312,000 and is 14.6 percent (±11.7 percent) below the November 2023 rate of 1,510,000. Single-family housing starts in November were at a rate of 1,011,000; this is 6.4 percent (±10.8 percent)* above the revised October figure of 950,000. The November rate for units in buildings with five units or more was 264,000.

Housing Completions
Privately-owned housing completions in November were at a seasonally adjusted annual rate of 1,601,000. This is 1.9 percent (±9.2 percent)* below the revised October estimate of 1,632,000, but is 9.2 percent (±12.9 percent)* above the November 2023 rate of 1,466,000. Single-family housing completions in November were at a rate of 1,038,000; this is 3.3 percent (±8.7 percent)* above the revised October rate of 1,005,000. The November rate for units in buildings with five units or more was 544,000.