United States Housing Starts  1959-2018 | Data | Chart | Calendar

Housing starts in the United States slumped 8.2 percent month-over-month to an annualized rate of 1,192 thousand in December of 2017, compared to market expectations of a 1.7 percent decline. It is the biggest drop since November of 2016 amid an 11.8 percent drop in single-family units. Considering full 2017, housing starts went up 2.4 percent to 1,202,100 and building permits rose 4.7 percent to 1,263,400. Both reached the highest level since 2007. Housing Starts in the United States averaged 1434.83 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 Much More than Expected


Housing starts in the United States slumped 8.2 percent month-over-month to an annualized rate of 1,192 thousand in December of 2017, compared to market expectations of a 1.7 percent decline. It is the biggest drop since November of 2016 amid an 11.8 percent fall in single-family units.

Single-family starts, the largest segment of the market, fell 11.8 percent to 836 thousand while the volatile multi-family segment rose 2.6 percent to 352 thousand. Overall, housing starts declined in all 4 main regions: the South (-14.2 percent to 582 thousand); the West (-0.9 percent to 344 thousand); the Midwest (-2.2 percent to 178 thousand) and the Northeast (-4.3 percent to 88 thousand). 

Building permits edged down 0.1 percent to a seasonally adjusted annualized rate of 1,302 thousand, higher than market expectations of 1,290 thousand. Multi-family home permits shrank 4.3 percent to 382 thousand while permits for construction of single-family homes increased 1.8 percent to 881 thousand. Permits fell in the South (-11.1 percent to 579 thousand) but rose in the other 3 regions: the West (1.7 percent to 361 thousand); the Midwest (8.7 percent to 199 thousand) and the Northeast (43 percent to 163 thousand). 

Year-on-year, starts went down 6 percent while permits gained 2.8 percent.

Considering full 2017, housing starts went up 2.4 percent to 1,202,100 and building permits rose 4.7 percent to 1,263,400. Both reached the highest level since 2007.


Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
1/18/2018 1:59:45 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-17 01:30 PM Housing Starts MoM 13.7% -3.2% 5.6% 4%
2017-12-19 01:30 PM Housing Starts 1297K 1256K 1230K 1210K
2018-01-18 01:30 PM Housing Starts 1.192M 1.299M 1.275M 1.270M
2018-02-16 01:30 PM Housing Starts 1.192M
2018-03-16 12:30 PM Housing Starts
2018-04-17 12:30 PM Housing Starts


United States Housing Last Previous Highest Lowest Unit
Building Permits 1302.00 1303.00 2419.00 513.00 Thousand [+]
Housing Starts 1192.00 1299.00 2494.00 478.00 Thousand [+]
New Home Sales 733.00 624.00 1389.00 270.00 Thousand [+]
Pending Home Sales 0.80 -0.60 30.90 -24.30 percent [+]
Existing Home Sales 5810.00 5500.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.80 0.90 5.90 -4.80 percent [+]
Nahb Housing Market Index 72.00 74.00 78.00 8.00 [+]
Housing Index 0.50 0.50 1.20 -1.80 percent [+]
Mortgage Rate 4.33 4.23 10.56 3.47 percent [+]
Mortgage Applications 4.10 8.30 49.10 -38.80 percent [+]
Case Shiller Home Price Index 203.84 203.44 206.52 100.00 Index Points [+]
Home Ownership Rate 63.90 63.70 69.20 62.90 percent [+]


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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1192.00 1299.00 2494.00 478.00 1959 - 2017 Thousand Monthly
Volume, SA




housing starts by Country
Country Last
Canada 216.98 Dec/17
France 36200.00 Nov/17
Japan -0.40 Nov/17
Russia 7.10 Nov/17
Spain 0.39 Sep/17
Turkey 23792.00 Sep/17
United Kingdom 41820.00 Sep/17
United States 1192.00 Dec/17


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