U.S. privately‐owned housing starts in December 2023 were at a seasonally adjusted annual rate of 1,460,000. This is 4.3% below the revised November estimate of 1,525,000, but is 7.6% above the December 2022 rate of 1,357,000, according to the U.S. Census Bureau.
Single‐family housing starts in December were at a rate of 1,027,000; this is 8.6% below the revised November figure of 1,124,000. The December rate for units in buildings with five units or more was 417,000.
An estimated 1,413,100 housing units were started in 2023. This is 9.0% below the 2022 figure of 1,552,600.
