US Housing Sees Notable Increase in December as Building Permits Surge

US Housing Sees Notable Increase in December as Building Permits Surge
A construction worker walks along a roof on a new home in Nashville, Tenn., on March 25, 2020. Mark Humphrey/AP Photo
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New home construction in the United States saw a notable increase in the month of December, amid unseasonably mild temperatures, according to a Commerce Department report from Jan. 19.

The report said that housing starts rose 1.4 percent to an annual rate of 1.702 million in December representing a 1 percent increase from the previous month.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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