Housing Starts Rise 3.9 Percent

The U.S. Census Dept. said November housing starts were at a seasonally adjusted annual rate of 555,000. This is 3.9 percent above the revised October estimate of 534,000, but 5.8 percent below the November 2009 rate of 589,000. Single-family housing starts in November were at a rate of 465,000, 6.9 percent above the revised October figure of 435,000. The November rate for units in buildings with five units or more was 72,000.

November building permits were at a seasonally adjusted an

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