The upward revision to the October rate totaled 36,000 new housing starts.
The seasonally adjusted rate of new building permits also slipped in November, to 1.035 million, down 5.2% from the upwardly revised September rate of 1.092 million and 0.2% below the November 2013 rate of 1.037 million. The consensus estimate called for 1.06 million new permits.
Single-family housing starts fell to an annualized rate of 677,000 in November, down 5.4% from the upwardly revised October rate of 716,000.
Permits for new single-family homes fell 1.2% in November, to an adjusted annual rate of 639,000 from an upwardly revised total of 647,000 in September.
Multifamily starts for buildings with five or more units, a more volatile number than single-family starts, fell 11.1% year-over-year in November.
ALSO READ: Homebuilder Confidence Turns Lower in December
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