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

Housing starts in the US plunged 12.3 percent month-over-month to an annualized rate of 1,173 thousand in June of 2018, following a downwardly revised 4.8 percent rise in May. It is the lowest rate since September of 2017 and the biggest drop since November of 2016. It compares with market expectations of 1,320 thousand rate. In May, housing stats were at 1,337 thousand, the highest rate since July of 2007. Housing Starts in the United States averaged 1433.62 Thousand from 1959 until 2018, 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
width
height
 Preview
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us



US Housing Starts at 9-Month Low


Housing starts in the US plunged 12.3 percent month-over-month to an annualized rate of 1,173 thousand in June of 2018, following a downwardly revised 4.8 percent rise in May. It is the lowest rate since September of 2017 and the biggest drop since November of 2016. It compares with market expectations of 1,320 thousand rate.

In May, housing stats were at 1,337 thousand, the highest rate since July of 2007.

In June, the volatile multi-family segment fell 20.2 percent to 304 thousand and single-family starts, the largest segment of the market, went down 9.1 percent to 858 thousand. Declines were seen in all main regions: the South (-9.1 percent to 601 thousand), the West (-3 percent to 320 thousand), the Midwest (-35.8 percent to 156 thousand) and the Northeast (-6.8 percent to 96 thousand). 

Building permits dropped 2.2 percent to a seasonally adjusted annual rate of 1,273 thousand, while markets were expecting a 2.2 percent rise to 1,330 thousand. It is also the lowest rate since September of 2017. Multi-family authorizations declined 7.6 percent to 423 thousand while single-family permits went up 0.8 percent to 850 thousand. Overall, building permits fell in the West (-1.8 percent to 327 thousand), the Midwest (-18.7 percent to 170 thousand) and the Northeast (-16.4 percent to 112 thousand) but increased in the South (6.2 percent to 664 thousand).


Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
7/18/2018 1:15:28 PM


Recent Releases

US Housing Starts at Near 11-Year High
Housing starts in the US jumped 5 percent month-over-month to an annualized rate of 1,350 thousand in May of 2018, following a downwardly revised 3.1 percent fall in April. It is the highest rate since July of 2007, mainly due to a rebound in the multi-family segment. It compares with market expectations of 1,310 thousand rate.
Published on 2018-06-19

US Housing Starts at 4-Month Low
Housing starts in the US slumped 3.7 percent month-over-month to an annualized rate of 1,287 thousand in April of 2018, following an upwardly revised 3.6 percent rise in March. It is the lowest rate in four months, mainly due to a sharp fall in the multi-family segment. It compares with market expectations of 1,310 thousand rate.
Published on 2018-05-16

US Housing Starts Rise 1.9% in March
Housing starts in the US rose 1.9 percent month-over-month to an annualized rate of 1,319 thousand in March of 2018, following a downwardly revised 3.3 percent drop in February. It compares with market expectations of a 1,260 thousand rate. Starts of multi-family housings rebounded while the number of single-family starts was the lowest in three months.
Published on 2018-04-17

US Housing Starts Drop in February
Housing starts in the US fell 7 percent month-over-month to an annualized rate of 1,236 thousand in February of 2018, following an upwardly revised 10.1 percent jump in January. It compares with market expectations of a 1,290 thousand rate. Construction of multi-family housing units was the lowest in five months while single-family projects rose for the second month.
Published on 2018-03-16



Calendar GMT Actual Previous Consensus TEForecast
2018-05-16 12:30 PM Housing Starts 1.287M 1.336M 1.31M 1.324M
2018-06-19 12:30 PM Housing Starts 1.35M 1.286M 1.31M 1.31M
2018-07-18 12:30 PM Housing Starts 1.173M 1.337M 1.32M 1.29M
2018-08-16 12:30 PM Housing Starts 1.173M 1.2M
2018-09-19 12:30 PM Housing Starts
2018-10-17 12:30 PM Housing Starts 1.27M


United States Housing Last Previous Highest Lowest Unit
Building Permits 1273.00 1301.00 2419.00 513.00 Thousand [+]
Housing Starts 1173.00 1337.00 2494.00 478.00 Thousand [+]
New Home Sales 689.00 646.00 1389.00 270.00 Thousand [+]
Pending Home Sales -2.20 -2.10 30.90 -24.30 percent [+]
Existing Home Sales 5430.00 5450.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.40 0.90 5.90 -4.80 percent [+]
Housing Index 0.10 0.20 1.20 -1.80 percent [+]
Nahb Housing Market Index 68.00 68.00 78.00 8.00 [+]
Mortgage Rate 4.77 4.76 10.56 3.47 percent [+]
Mortgage Applications -2.50 2.50 49.10 -38.80 percent [+]
Case Shiller Home Price Index 210.17 208.50 210.17 100.00 Index Points [+]
Home Ownership Rate 64.20 64.20 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1173.00 1337.00 2494.00 478.00 1959 - 2018 Thousand Monthly
Volume, SA




housing starts by Country
Country Last
Canada 248.10 Jun/18
France 31300.00 May/18
Japan 1.30 May/18
Russia 5.30 Jun/18
Spain 0.89 Mar/18
Turkey 6822.00 Mar/18
United Kingdom 39890.00 Mar/18
United States 1173.00 Jun/18


Related
Latest