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

Housing starts in the United States slumped 5.5 percent from the previous month to a seasonally adjusted annualized rate of 1092 thousand in May of 2017, following a downwardly revised 1156 thousand in the previous month and compared to market expectations of a 4.1 percent rise. It is the weakest construction activity in eight months as starts plunged in the Midwest and the South. Housing Starts in the United States averaged 1437.02 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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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-16 12:30 PM Apr 1172K 1203K 1260K 1253K
2017-06-16 12:30 PM May 1092K 1156K 1215K 1210K
2017-06-16 12:30 PM May -5.5% -2.8% 4.1% 1.9%
2017-07-19 12:30 PM Jun 1092K 1128.8K
2017-07-19 12:30 PM Jun -5.5% 1128.8K
2017-08-16 12:30 PM Jul 1117.2K




US Housing Starts At 8-Month Low


Housing starts in the United States slumped 5.5 percent from the previous month to a seasonally adjusted annualized rate of 1092 thousand in May of 2017, following a downwardly revised 1156 thousand in the previous month and compared to market expectations of a 4.1 percent rise. It is the weakest construction activity in eight months as starts plunged in the Midwest and the South.

Single-family starts, the largest segment of the market declined 3.9 percent to 794 thousand and the volatile multi-family segment shrank 9.8 percent to 284 thousand. Starts slumped in the Midwest (-9.2 percent to 168 thousand) and the South (-8.8 percent to 526 thousand) and were flat in the Northeast at 87 thousand. In contrast, starts rose 1.3 percent to 311 thousand in the West.  

Also, building permits dropped 4.9 percent to a seasonally adjusted annualized rate of 1168 thousand from 1228 thousand in April and way below market expectations of 1247 thousand. It is the lowest figure since April last year, as single-family authorizations declined 1.9 percent to 779 thousand and authorizations of units in buildings with five units or more fell 10.1 percent to 358 thousand. Among regions, building permits decreased in the West (-13.1 percent to 293 thousand), the Midwest (-9.4 percent to 174 thousand) and the South (-0.3 percent to 577 thousand) but rose in the Northeast (3.3 percent to 124 thousand).

U.S. Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
6/16/2017 12:43:20 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1168.00 1228.00 2419.00 513.00 Thousand [+]
Housing Starts 1092.00 1156.00 2494.00 478.00 Thousand [+]
New Home Sales 610.00 593.00 1389.00 270.00 Thousand [+]
Pending Home Sales -3.30 0.70 30.90 -24.30 percent [+]
Existing Home Sales 5620.00 5560.00 7250.00 1370.00 Thousand [+]
Construction Spending -1.40 1.10 5.90 -4.80 percent [+]
Housing Index 0.70 0.70 1.20 -1.80 percent [+]
Nahb Housing Market Index 67.00 69.00 78.00 8.00 [+]
Mortgage Rate 4.13 4.13 10.56 3.47 percent [+]
Mortgage Applications 0.60 2.80 49.10 -38.80 percent [+]
Home Ownership Rate 63.60 63.70 69.20 62.90 percent [+]
Case Shiller Home Price Index 195.39 193.50 206.52 100.00 Index Points [+]


United States Housing Starts Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1092.00 1156.00 2494.00 478.00 1959 - 2017 Thousand Monthly
Volume, SA



housing starts by Country

Last
Canada 194.66 May/17
France 31700.00 Apr/17
Japan 1.90 Apr/17
Russia 4.30 May/17
Spain 0.67 Mar/17
Turkey 10074.00 Mar/17
United Kingdom 45340.00 Mar/17
United States 1092.00 May/17