The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for February 2013.
Single Owned Housing Completions Increase
Single-family housing completions in February were at a rate of 574,000; this is 3.6 percent (±11.7%)* above the revised January rate of 554,000. The February rate for units in buildings with five units or more was 130,000.
Privately owned Housing Completions Decline
Privately-owned housing completions in February were at a seasonally adjusted annual rate of 711,000. This is 0.6 percent (±10.0%)* below the revised January estimate of 715,000, but is 24.3 percent (±12.2%) above the February 2012 rate of 572,000.