Data mixed in year-over-year and month-over-month, according to January housings starts in the latest report from Virginia Tech. Download both parts of the report by clicking the buttons below.
According to the report, "Year-over-year and month-over-month data were mixed. Housing permits, completions, and new sales were positive (month-over-month) in January and were the “bright” spots in an otherwise dismal report. Increasing borrowing costs and consumer sentiment, combined with elevated house prices have resulted in a major obstacle for new and existing house sales."