Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 676,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.7 percent above the revised December rate of 671,000 and is 19 percent higher than the January 2011 estimate of 568,000.

Single-family authorizations in January were at a rate of 445,000, 0.9 percent above the revised December figure of 441,000. Authorizations of units in buildings with five units or more were at a rate of 208,000 in January. Privately-owned housing starts in January were at a seasonally adjusted annual rate of 699,000. This is 1.5 percent above the revised December estimate of 689,000 and is 9.9 percent higher than the January 2011 rate of 636,000.

Single-family housing starts in January were at a rate of 508,000, 1 percent below the revised December figure of 513,000. The January rate for units in buildings with five units or more was 175,000.

Privately-owned housing completions in January were at a seasonally adjusted annual rate of 530,000. This is 12 percent below the revised December estimate of 602,000 but 4.1 percent above the January 2011 rate of 509,000.

Single-family housing completions in January were at a rate of 389,000, 14.9 percent below the revised December rate of 457,000. The January rate for units in buildings with five units or more was 136,000.