Building permits, housing starts and housing completions all increase year-over-year according to the U.S. Department of Housing and Urban Development.
BUILDING PERMITS
■ Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,352,000, this is 7.7% above the April 2017 rate of 1,255,000.
■ Single-family authorizations in April were at a rate of 859,000; and authorizations of units in buildings with five units or more were at a rate of 450,000 in April.
■ Total privately-owned housing units authorized by building permits in April for the Northeast fell 23.3%.
HOUSING STARTS
■ Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,287,000, this is 10.5% above the April 2017 rate of 1,165,000.
■ Single-family housing starts in April were at a rate of 894,000; and the April rate for units in buildings with five units or more was 374,000.
■ Total privately-owned housing units started in April for the Northeast climbed 34.1%.
HOUSING COMPLETIONS
■ Privately-owned housing completions in April were at a seasonally adjusted annual rate of 1,257,000. This is 2.8% above the revised March estimate of 1,223,000 and is 4.8% above the April 2017 rate of 1,095,000.
■ Single-family housing completions in April were at a rate of 820,000; and the April rate for units in buildings with five units or more was 425,000.
■ Total privately-owned housing units completed in April for the Northeast climbed 40.2%.
https://www.census.gov/construction/nrc/pdf/newresconst.pdf