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Housing starts increased 5.8 percent to a seasonally adjusted annual rate of 1.67 million units, according to the latest report from the Commerce Department. While housing starts ended 2020 on a strong note, there are still concerns surrounding rising lumber prices, as well as increasing regulatory cost concerns that may impact future production.

The Breakdown:

Housing Starts: 1,669,000 (+5.8% month-over-month, +5.2% year-over-year)
Multifamily Starts: 312,000
Single-Family Starts: 1,338,000

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here.

Women make an incredible difference in the often male-dominated real estate industry. At MyOutDesk, we know this, and we celebrate women in the field.

Last year, Zillow announced the launch of its own brokerage: Zillow Homes. Due to this, starting this year, rental listings syndicated through the MLS are no longer feeding directly to Zillow. Agents and brokers who would like their rental listing on Zillow, must now do so through Zillow’s Rental Manager, a contract-based service that starts at $9.99 weekly, per listing.