Building permits up 35.2% YTY in January. The Department of Commerce reports that privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 925,000, 1.8% above the revised December rate of 909,000 and 35.2% above the January 2012 estimate of 684,000. Single-family authorizations in January were at a rate of 584,000, 1.9% above the revised December figure of 573,000. Authorizations of units in buildings with five units or more were ...
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