US Housing starts up 12% - MadisonMeanwhile, US home construction activity is very strong for this time of year. Total housing starts in the US for November 2021 soared by almost +12% from October, to a seasonally adjusted annual rate of 1.679 million units. This is an +8.3% improvement from the same month one year ago, when it was 1.551 million. For their part, November permits for future homebuilding rose to 1.712 units, a +3.6% gain from the previous month, when it was 1.653 million. November 2021 permits are up almost +1% compared to one year ago, when it was 1.696 million.