Housing starts in U.S. up 12% in December

Building permits in December 2012 were at a seasonally adjusted annual rate of 903,000, up 0.3 percent from the revised November rate and up 28.8 percent from December 2011. Housing starts in December 2012 were at a seasonally adjusted annual rate of 954,000, up 12.1 percent from the revised November estimate and up 36.9 percent from December 2011. For 2012 overall, building permits increased 30.3 percent and starts grew 28.1 percent.

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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