Design
Tools
LoadMatch
System
LOFlo
System
Air
Elimination
Circulators
& Pumps
Accessories
for circulators
& pumps
Heat Exchangers
Tanks
Valves &
Controls
Energy
Management
Variable Speed
Web-based
Building
Management
Switch to Residential
Product Navigation
  Where to Buy

What is your zip code?

 
 
  We're Here to Help

How can we help? Please choose a category for immediate help.






 
 

Housing Starts Improve, Permits Dip


Latest News > Industry News

Feb. 18 — U.S. housing starts in January were 2.8% above the revised December estimate and 12.3% above the January 2009 rate, the U.S. Census Bureau reported yesterday.

Building permits dipped in January, however, to fall 2.2% below the revised December rate, but remained well above 16.9%— the rate of one year ago.

Privately-owned starts were at a seasonably adjusted rate of 591,000. Single-family housing starts were at a 484,000 rate. January permits were at an annually adjusted rate of 621,000.

The mixed results don't offer a clear indication of how the new home market is likely to fare in coming months, due to winter weather and other short-term, seasonal factors.

Read the full news release here.