United States Housing Starts  1959-2017 | Data | Chart | Calendar

Housing starts in the United States fell sharply by 4.7 percent from the previous month to a seasonally adjusted annualized rate of 1,127 thousand in September 2017 from an upwardly revised 1,183 thousand in August, compared with market expectations of a 0.5 percent decline to 1,180 thousand. It was the lowest level since September 2016, as the construction of single-family homes in the South was affected by Hurricanes Harvey and Irma. Housing Starts in the United States averaged 1435.60 Thousand from 1959 until 2017, reaching an all time high of 2494 Thousand in January of 1972 and a record low of 478 Thousand in April of 2009.

United States Housing Starts
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US Housing Starts Fall to 1-Year Low


Housing starts in the United States fell sharply by 4.7 percent from the previous month to a seasonally adjusted annualized rate of 1,127 thousand in September 2017 from an upwardly revised 1,183 thousand in August, compared with market expectations of a 0.5 percent decline to 1,180 thousand. It was the lowest level since September 2016.

Single-family starts, the largest segment of the market, fell 4.6 percent to 829 thousand, led by a decline of 15.3 percent in the South due to Hurricanes Harvey and Irma. Also, the volatile multi-family segment slumped 5.1 percent to 298 thousand. Overall, housing starts fell in the South (-9.3 percent), the Midwest (-20.2 percent) and the Northeast (-9.2 percent), but rose in the West (15.7 percent).

Building permits also decreased sharply by 4.5 percent to a seasonally adjusted annualized rate of 1,215 thousand, way below market expectations of 1,245 thousand. Permits for the construction of multi-family homes dropped 16.1 percent while single-family home permits rose 2.4 percent. Permits rose in the Northeast (9.2 percent), and Midwest (0.5 percent), but fell in the West (-9.2 percent) and the South (-5.6 percent). 

Year-on-year, starts rose 6.1 percent while permits fell 4.3 percent.

U.S. Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
10/18/2017 1:11:00 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-19 12:30 PM Housing Starts 1180K 1190K 1175K 1170K
2017-10-18 12:30 PM Housing Starts 1127K 1183K 1174K 1170K
2017-10-18 12:30 PM Housing Starts MoM -4.7% -0.2% -0.5% -0.5%
2017-11-17 01:30 PM Housing Starts
2017-11-17 01:30 PM Housing Starts MoM
2017-12-19 01:30 PM Housing Starts MoM


United States Housing Last Previous Highest Lowest Unit
Building Permits 1215.00 1272.00 2419.00 513.00 Thousand [+]
Housing Starts 1127.00 1183.00 2494.00 478.00 Thousand [+]
New Home Sales 560.00 580.00 1389.00 270.00 Thousand [+]
Pending Home Sales -2.60 -1.30 30.90 -24.30 percent [+]
Existing Home Sales 5390.00 5350.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.50 -1.20 5.90 -4.80 percent [+]
Housing Index 0.20 0.10 1.20 -1.80 percent [+]
Nahb Housing Market Index 68.00 64.00 78.00 8.00 [+]
Mortgage Rate 4.14 4.16 10.56 3.47 percent [+]
Mortgage Applications 3.60 -2.10 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.60 69.20 62.90 percent [+]
Case Shiller Home Price Index 201.99 200.53 206.52 100.00 Index Points [+]


United States Housing Starts

Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation. . This page provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Housing Starts - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1127.00 1183.00 2494.00 478.00 1959 - 2017 Thousand Monthly
Volume, SA




housing starts by Country

Last
Canada 217.10 Sep/17
France 17400.00 Aug/17
Japan -2.00 Aug/17
Russia 6.70 Sep/17
Spain 0.49 Jun/17
Turkey 18636.00 Jun/17
United Kingdom 42480.00 Jun/17
United States 1127.00 Sep/17