WASHINGTON, Jan 19 (Reuters)-Single-family housing starts, which account for the bulk of homebuilding, increased 11.3% to a seasonally adjusted annual rate of 909,000 units last month, the highest level since August, the Commerce Department reported on Thursday.
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Woah! Risk on!
Do these number reflect what you’ve been feeling in the markets recently? @David_Bagdy
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Sales have been strong. It’s important to note that we do not produce studs or dimension lumber. We’ve been able to develop a niche producing high quality 2 & Btr Premium and Select boards for the North American market. We see nothing on the horizon that would indicate a contraction in our market. In fact, we are aggressively expanding.
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Glad to hear business in your market is doing well. Hopefully other markets are seeing the same and this strength will stick around 
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This is an awesome market report @David_Bagdy !
What do you guys think @David_Stallcop @Thomas_Mende @Andrey_Tikhomirov @Paul_Dean @Jordan_Kirk @Kirk_Hodgson
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This article has some fantastic data!
@Rithika_Krishna, were you involved in this article?
WASHINGTON, Jan 19 (Reuters) - U.S. single-family homebuilding rebounded in December, but the increase was likely temporary as permits for future construction continued to decline amid higher mortgage rates.
Single-family housing starts, which account for the bulk of homebuilding, increased 11.3% to a seasonally adjusted annual rate of 909,000 units last month, the highest level since August, the Commerce Department reported on Thursday.
Starts for housing projects with five units or more tumbled 18.9% to a rate of 463,000 units. Overall housing starts decreased 1.4% to a rate of 1.382 million units last month. Housing starts fell 3.0% in 2022.
Economists polled by Reuters had forecast starts would slide to a rate of 1.359 million units in December.
Single-family building permits declined 6.5% to a rate of 730,000 units, while those for housing projects with five units or more increased 7.1% to a rate of 555,000 units. Overall building permits fell 1.6% to a rate of 1.330 million units. Permits dropped 5.0% in 2022.
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