- US single-family housing permits for December 2020 rose +7.8% to a
1.23 million pace, the fastest since 2006.
- Construction climbed in three of four regions, led by a +32% surge in the
Midwest, with starts in the Northeast seeing the lone decline.
- The total number of residential projects authorized but not yet started
edged lower to 185,000, but remains historically strong, suggesting
builder backlog remains robust.
JANUARY 2021