Housing starts in the US unexpectedly fell 0.7% mom to an annualized rate of 1.52 million in October of 2021 from a downwardly revised 1.53 million in September and well below forecasts of 1.576 million. Starts fell for a second consecutive month to the lowest in 6 months, as high costs for building materials, specially lumber and copper, supply constraints and labor shortages continue to weigh on the market. Starts for the single-unit segment declined 3.9% to 1.039 million while those for the multi-family one jumped 6.8% to 0.47 million. Starts were down in the West (-3.3% to 0.38 million), the South (-1% to 0.792 million) and the Northeast (-0.8% to 0.122 million). In contrast, starts increased 5.6% to 0.226 million in the Midwest. source: U.S. Census Bureau

Housing Starts in the United States averaged 1430.88 Thousand units from 1959 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Housing Starts in the United States is expected to be 1470.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Housing Starts is projected to trend around 1370.00 Thousand units in 2022 and 1270.00 Thousand units in 2023, according to our econometric models.

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United States Housing Starts


Calendar GMT Actual Previous Consensus TEForecast
2021-11-17 01:30 PM Housing Starts MoM Oct -0.7% -2.7% 2.3%
2021-11-17 01:30 PM Housing Starts Oct 1.52M 1.53M 1.576M 1.59M
2021-12-16 01:30 PM Housing Starts Nov 1.52M


Related Last Previous Unit Reference
Building Permits 1650.00 1586.00 Thousand Oct/21
Housing Starts 1520.00 1530.00 Thousand units Oct/21
New Home Sales 745.00 742.00 Thousand units Oct/21
Construction Spending -0.50 0.10 percent Sep/21
Home Ownership Rate 65.40 65.40 percent Sep/21

News Stream
US Housing Starts Unexpectedly Decline
Housing starts in the US unexpectedly fell 0.7% mom to an annualized rate of 1.52 million in October of 2021 from a downwardly revised 1.53 million in September and well below forecasts of 1.576 million. Starts fell for a second consecutive month to the lowest in 6 months, as high costs for building materials, specially lumber and copper, supply constraints and labor shortages continue to weigh on the market. Starts for the single-unit segment declined 3.9% to 1.039 million while those for the multi-family one jumped 6.8% to 0.47 million. Starts were down in the West (-3.3% to 0.38 million), the South (-1% to 0.792 million) and the Northeast (-0.8% to 0.122 million). In contrast, starts increased 5.6% to 0.226 million in the Midwest.
2021-11-17
US Housing Starts Down to 5-Month Low
Housing starts in the US unexpectedly fell by 1.6% mom to a seasonally adjusted annual rate of 1.555 million in September of 2021, compared to market forecasts of 1.62 million. It is the lowest reading in 5 months, as high costs for building materials, supply constraints and labor shortages weighed on the housing market. Single-family housing starts were at a rate of 1.080 million, virtually unchanged from August while the multi-family segment dropped 5.1% to 467,000. Sales declined in the Northeast (-27.3% to 120,000) and the South (-6.3% to 835,000) but rose in the Midwest (6.9% to 217,000) and the West (19.3% to 383,000).
2021-10-19
US Housing Starts Top Forecasts
Housing starts in the US were up 3.9% to a seasonally adjusted annual rate of 1.615 million units in August of 2021, rebounding from a downwardly revised 6.2% fall in July and beating market forecasts of 1.554 million. Starts of buildings with five units or more jumped 21.6% to 530,000 while the single-family segment dropped 2.8% to 1,076,000. Starts surged the most in the Northeast (167.2% to the highest level since January), the Midwest (11.4%) and the South (1.4%) but fell in the West (-21.1%).
2021-09-21

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.