Housing starts in the United States jumped 18.6 percent from a month earlier to an annualized rate of 1,230 thousand in January 2019, recovering from an upwardly revised 14 percent fall in December and beating market expectations of a 9.9 percent gain. Starts increased in the Northeast, the South and the West while dropped in the Midwest. Housing Starts in the United States averaged 1431.68 Thousand units from 1959 until 2018, reaching an all time high of 2494 Thousand units in January of 1972 and a record low of 478 Thousand units in April of 2009.
Housing Starts in the United States is expected to be 1300.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in the United States to stand at 1210.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1280.00 Thousand units in 2020, according to our econometric models.