According to recent data, single-family housing completions experienced a significant decrease, coming in at approximately 16.3% below the revised December rate of 1.02 million units. This downward trend in completions indicates potential challenges and constraints within the housing market.

Key points:
– Single-family housing completions down by 16.3% from December
– Data suggests potential challenges and constraints in the housing market

For more in-depth analysis and information on this topic, you can read the full article “Housing Starts Down for January” on Weekly Real Estate News’s website.

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