Housing starts in the US rose 1.9 percent to a seasonally adjusted annual rate of 1.415 million units in September 2020, from a downwardly revised 1.388 million in the previous month and below market expectations of 1.457 million. Single-family housing starts jumped 8.5 percent to 1.108 million, while the volatile multi-family segment dropped 16.3 percent 307 thousand. Housing starts rose in the South (6.2 percent to 755 thousand), West (1.4 percent to 350 thousand) and Northeast (66.7 percent to 145 thousand); but dropped in the Midwest (-32.7 percent to 165 thousand).
Housing Starts in the United States averaged 1428.28 Thousand units from 1959 until 2020, 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 October of 2020.
Housing Starts in the United States is expected to be 1280.00 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 1450.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1170.00 Thousand units in 2021 and 1270.00 Thousand units in 2022, according to our econometric models.