The US Census Bureau and the Department of Housing and Urban Development jointly announced that privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,032,000. This is 1.9 percent (±1.3 percent) below the revised November rate of 1,052,000, but is 1.0 percent (±1.1 percent) above the December 2013 estimate of Single-family authorizations in December were at a rate of 667,000; this is 4.5 percent (±0.8 percent) above the revised November figure of 638,000. Authorizations of units in buildings with five units or more were at a rate of 338,000 in December.
An estimated 1,032,900 housing units were authorized by building permits in 2014. This is 4.2 percent (±0.9 percent) above the 2013 figure of 990,800.
Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,089,000. This is 4.4 percent (±11.7 percent) above the revised November estimate of 1,043,000 and is 5.3 percent (±12.7 percent) above the December 2013 rate of 1,034,000. Single-family housing starts in December were at a rate of 728,000; this is 7.2 percent (±10.6 percent) above the revised November figure of 679,000. The December rate for units in buildings with five units or more was 339,000.
An estimated 1,005,800 housing units were started in 2014. This is 8.8 percent (±2.9 percent) above the 2013 figure of 924,900.
Privately-owned housing completions in December were at a seasonally adjusted annual rate of 927,000. This is 6.3 percent (±12.9 percent) above the revised November estimate of 872,000 and is 19.6 percent (±14.2 percent) above the December 2013 rate of 775,000. Single-family housing completions in December were at a rate of 667,000; this is 9.5 percent (±12.0 percent) above the revised November
rate of 609,000. The December rate for units in buildings with five units or more was 254,000.
An estimated 883,000 housing units were completed in 2014. This is 15.5 percent (±3.2 percent) above the 2013 figure of 764,400.