Housing starts in the US unexpectedly increased 1.4% mom to a seasonally adjusted annualized rate of 1.702 million in December of 2021, the highest since March and beating market forecast of 1.65 million, as housing demand remains strong although high prices for building materials, specially lumber, supply constraints and labor shortages persist and weigh on construction times. Starts for units in buildings with five units or more jumped 13.7% to 0.524 million while the rate for single-family housing starts declined 2.3% to 1.172 million. Starts surged in the Midwest (36.5% to 0.288 million) and the Northeast (20.2% to 0.137 million) but fell in the South (-1.9% to 0.915 million) and the West (-13.8% to 0.362 million). source: U.S. Census Bureau

Housing Starts in the United States averaged 1431.56 Thousand units from 1959 until 2021, 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 January of 2022.

Housing Starts in the United States is expected to be 1500.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Housing Starts is projected to trend around 1370.00 Thousand units in 2023 and 1270.00 Thousand units in 2024, according to our econometric models.

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United States Housing Starts


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.
Actual Previous Highest Lowest Dates Unit Frequency
1702.00 1678.00 2494.00 478.00 1959 - 2021 Thousand units Monthly
Volume, SA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-16 01:30 PM Nov 1.679M 1.502M 1.568M 1.56M
2022-01-19 01:30 PM Dec 1.702M 1.678M 1.65M 1.65M
2022-02-17 01:30 PM Jan 1.702M 1.68M


Related Last Previous Unit Reference
Building Permits 1885.00 1717.00 Thousand Dec/21
Housing Starts 1702.00 1678.00 Thousand units Dec/21
New Home Sales 811.00 725.00 Thousand units Dec/21
Construction Spending 0.40 0.40 percent Nov/21
Home Ownership Rate 65.40 65.40 percent Sep/21


News Stream
US Housing Starts Highest in 9 Months
Housing starts in the US unexpectedly increased 1.4% mom to a seasonally adjusted annualized rate of 1.702 million in December of 2021, the highest since March and beating market forecast of 1.65 million, as housing demand remains strong although high prices for building materials, specially lumber, supply constraints and labor shortages persist and weigh on construction times. Starts for units in buildings with five units or more jumped 13.7% to 0.524 million while the rate for single-family housing starts declined 2.3% to 1.172 million. Starts surged in the Midwest (36.5% to 0.288 million) and the Northeast (20.2% to 0.137 million) but fell in the South (-1.9% to 0.915 million) and the West (-13.8% to 0.362 million).
2022-01-19
US Housing Starts Beat Forecasts
Housing starts in the US surged 11.8 percent to an annualized rate of 1.679 million in November 2021, the highest level since March and well above market consensus of 1.568 million. Single-family housing starts jumped 11.3 percent to a rate of 1.173 million, while the rate for units in buildings with five units or more increased 12.9 percent to 506 thousand. Starts were up in the South (18.4 percent to 933 thousand), the West (5.1 percent to 412 thousand) and the Northeast (27.5 percent to 130 thousand), but were down in the Midwest (-7.3 percent to 204 thousand).
2021-12-16
US Housing Starts Unexpectedly Decline
Housing starts in the US unexpectedly fell 0.7% mom to an annualized rate of 1.52 million in October of 2021 from a downwardly revised 1.53 million in September and well below forecasts of 1.576 million. Starts fell for a second consecutive month to the lowest in 6 months, as high costs for building materials, specially lumber and copper, supply constraints and labor shortages continue to weigh on the market. Starts for the single-unit segment declined 3.9% to 1.039 million while those for the multi-family one jumped 6.8% to 0.47 million. Starts were down in the West (-3.3% to 0.38 million), the South (-1% to 0.792 million) and the Northeast (-0.8% to 0.122 million). In contrast, starts increased 5.6% to 0.226 million in the Midwest.
2021-11-17