Housing Starts Multi Family in the United States increased to 524 Thousand units in January from 406 Thousand units in December of 2025. Housing Starts Multi Family in the United States averaged 367.26 Thousand units from 1959 until 2026, reaching an all time high of 1000.00 Thousand units in March of 1973 and a record low of 53.00 Thousand units in October of 2009. source: U.S. Census Bureau

Related	Last	Previous	Unit	Reference
15-Year Mortgage Rate	5.50	5.43	percent	Mar 2026
30-Year Mortgage Rate	6.11	6.00	percent	Mar 2026
Average House Prices	532600.00	530200.00	USD	Dec 2025
Average Mortgage Size	385.51	380.61	Thousand USD	Jan 2026
Building Permits	1376.00	1455.00	Thousand	Jan 2026
Building Permits MoM	-5.40	4.80	percent	Jan 2026
Case-Shiller Home Price Index	336.89	337.34	points	Dec 2025
Case-Shiller Home Price Index MoM	-0.10	0.00	percent	Dec 2025
Case-Shiller Home Price Index YoY	1.40	1.40	percent	Dec 2025
Construction Spending MoM	0.30	-0.20	percent	Dec 2025
Existing Home Sales	4090.00	4020.00	Thousand	Feb 2026
Existing Home Sales MoM	1.70	-5.90	percent	Feb 2026
Home Ownership Rate	65.70	65.30	percent	Dec 2025
House Price Index MoM	0.10	0.70	percent	Dec 2025
House Price Index YoY	1.80	2.10	percent	Dec 2025
House Price Index	440.40	439.70	points	Dec 2025
Housing Starts	1487.00	1387.00	Thousand units	Jan 2026
Housing Starts MoM	7.20	4.80	percent	Jan 2026
Housing Starts Multi Family	524.00	406.00	Thousand units	Jan 2026
Housing Starts Single Family	935.00	962.00	Thousand units	Jan 2026
MBA Mortgage Market Index	389.60	377.50	points	Mar 2026
MBA Mortgage Refinance Index	1646.30	1637.50	points	Mar 2026
MBA Purchase Index	171.30	158.90	points	Mar 2026
MBA Mortgage Applications	3.20	11.00	percent	Mar 2026
Mortgage Originations	524.42	512.15	Billion USD	Dec 2025
MBA 30-Year Mortgage Rate	6.19	6.09	percent	Mar 2026
NAHB Housing Market Index	38.00	37.00	points	Mar 2026
Case-Shiller Single Family Home Price Index	332.04	330.65	points	Dec 2025
New Home Sales	745.00	758.00	Thousand units	Dec 2025
New Home Sales MoM	-1.70	15.50	percent	Dec 2025
Pending Home Sales YoY	-0.80	-0.40	percent	Feb 2026
Pending Home Sales MoM	1.80	-1.00	percent	Feb 2026
Price to Rent Ratio	133.60	133.10		Dec 2024
Residential Property Prices	1.22	1.78	Percent	Sep 2025
Existing Home Sales Prices	398000.00	395000.00	USD	Feb 2026
Total Housing Inventory	1290.00	1260.00	Thousands	Feb 2026

United States Housing Starts Multi Family

Housing Starts Multi Family in the US refer to the number of new buildings with five units or more that have started construction during any particular month, intended primarily as a housekeeping residential building designed for non-transient occupancy. All housing units in a multifamily building are counted as started when excavation of the foundations begins. It excludes publicly owned, or government-built, housing.