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

Housing starts in the United States slumped 6.8 percent from the previous month to a seasonally adjusted annualized rate of 1215 thousand in March of 2017, following an upwardly revised 1303 thousand in the previous month and much worse than market expectations of a 3 percent drop. It is the lowest rate in four months, led by drops in the Midwest. Housing Starts in the United States averaged 1437.99 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 Reference Actual Previous Consensus Forecast (i)
2017-03-16 12:30 PM Feb 1288K 1251K 1260K 1250K
2017-04-18 12:30 PM Mar 1215K 1303K 1250K 1270K
2017-04-18 12:30 PM Mar -6.8% 5% -3% 0K
2017-05-16 12:30 PM Apr 1215K 1252.70%
2017-05-16 12:30 PM Apr -6.8% 1252.70%
2017-06-16 12:30 PM May 1252.74%




US Housing Starts Fall More Than Expected


Housing starts in the United States slumped 6.8 percent from the previous month to a seasonally adjusted annualized rate of 1215 thousand in March of 2017, following an upwardly revised 1303 thousand in the previous month and much worse than market expectations of a 3 percent drop. It is the lowest rate in four months, led by drops in the Midwest.

Single-family housing starts, the largest segment of the market shrank 6.2 percent to 821 thousand. In addition, the volatile multi-family segment declined 6.1 percent to 385 thousand. Starts slumped in the Midwest (-16.2 percent to 155 thousand), the West (-16 percent to 284 thousand) and the South (-2.9 percent to 645 thousand) but rose 12.9 percent in the Northeast (to 131 thousand). 

Building permits increased 3.6 percent to a seasonally adjusted annual rate of 1260 thousand, more than market expectations of a 2.8 percent rise. Building permits for multi-family units jumped 18.3 percent to 401 thousand while single-family authorizations dropped 1.1 percent to 823 thousand. Permits went up in the West (16.7 percent to 315 thousand), the Northeast (15.5 percent to 134 thoudand) and the South (6 percent to 619 thousand) while fell 22 percent to 192 thousand in the Midwest.  


U.S. Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
4/18/2017 12:54:35 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1260.00 1216.00 2419.00 513.00 Thousand [+]
Housing Starts 1215.00 1303.00 2494.00 478.00 Thousand [+]
New Home Sales 592.00 558.00 1389.00 270.00 Thousand [+]
Pending Home Sales 2.60 0.40 30.90 -24.30 percent [+]
Existing Home Sales 5710.00 5470.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.80 -0.40 5.90 -4.80 percent [+]
Housing Index 0.00 0.40 1.20 -1.70 percent [+]
Nahb Housing Market Index 68.00 71.00 78.00 8.00 [+]
Mortgage Rate 4.22 4.28 10.56 3.47 percent [+]
Mortgage Applications -1.80 1.50 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 192.81 192.41 206.52 100.00 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1215.00 1303.00 2494.00 478.00 1959 - 2017 Thousand Monthly
Volume, SA



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