The US Census Bureau is still catching up. They released Start data for January today, but we are still waiting for the February data (not scheduled yet). From the Census Bureau: Permits, Starts and Completions: Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,487,000. This is 7.2% above the revised December estimate of 1,387,000 and is 9.5% above the January 2025 rate of 1,358,000. Single-family housing starts in January were at a rate of 935,000; this is 2.8% below the revised December figure of 962,000. The January rate for units in buildings with five units or more was 524,000. …Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,376,000. This is 5.4% below the revised December rate of 1,455,000 and is 5.8% below the January 2025 rate of 1,460,000. Single-family authorizations in January were at a rate of 873,000; this is 0.9% below the revised December figure of 881,000.