United States Housing Starts  1959-2016 | Data | Chart | Calendar

Housing starts in the United States shrank 5.8 percent to a seasonally adjusted annualized rate of 1142 thousand in August from July of 2016, after rising a downwardly revised 1.4 percent in the previous period. Figures came much worse than market expectations of a 1.7 percent decline, reaching the lowest in three months. Permits for future construction fell 0.4 percent to 1139 thousand. Housing Starts in the United States averaged 1438.45 Thousand from 1959 until 2016, reaching an all time high of 2494 Thousand in January of 1972 and a record low of -5.80 Thousand in August of 2016. Housing Starts in the United States is reported by the U.S. Census Bureau.

United States Housing Starts
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Actual Previous Highest Lowest Dates Unit Frequency
1142.00 1212.00 2494.00 478.00 1959 - 2016 Thousand Monthly
Volume, SA
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-16 12:30 PM Jul 1211K 1186K 1180K 1168K
2016-09-20 12:30 PM Aug 1142K 1212K 1190K 1175K
2016-09-20 12:30 PM Aug -5.8% 1.4% -1.7%
2016-10-19 12:30 PM Sep -5.8%
2016-10-19 12:30 PM Sep 1142K 1150K
2016-11-17 01:30 PM Oct

US Housing Starts Fall More than Expected


Housing starts in the United States shrank 5.8 percent to a seasonally adjusted annualized rate of 1142 thousand in August from July of 2016, after rising a downwardly revised 1.4 percent in the previous period. Figures came much worse than market expectations of a 1.7 percent decline, reaching the lowest in three months. Permits for future construction fell 0.4 percent to 1139 thousand.

Starts declined 14.8 percent to 543 thousand in the South but increased in the West (+1.8 percent to 287 thousand), the Midwest (+5.6 percent to 171 thousand) and in the Northeast (+7.6 percent to 141 thousand).

Groundbreaking on single-family homes, the largest segment of the market, declined 6 percent to an annualized rate of 722,000, reaching the lowest since October. Falls were recorded in the South (-13.1 percent to 370 thousand) and in the Northeast (-13.8 percent to 50 thousand) while single-family starts increased in the West (+6.3 percent to 186 thousand) and the Midwest (+6.4 percent to 116 thousand). Housing starts for the volatile multi-family segment slumped 6.9 percent to 403 thousand, also the lowest in three months. 

For building permits, the South recorded the only decrease (-3.4 percent to 567 thousand) while permits rose in the West (0.7 percent to 272 thousand), the Midwest (+4.2 percent to 197 thousand) and the Northeast (+5.1 percent to 103 thousand). Multi-family permits were down 8.4 percent to 370 thousand while single-family rose 3.7 percent to 737 thousand. 

Year-on-year, housing starts rose 0.9 percent while building permits went down 2.3 percent. 

U.S. Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
9/20/2016 1:05:44 PM

United States Housing Last Previous Highest Lowest Unit
Building Permits 1139.00 1144.00 2419.00 513.00 Thousand [+]
Housing Starts 1142.00 1212.00 2494.00 478.00 Thousand [+]
New Home Sales 654.00 582.00 1389.00 270.00 Thousand [+]
Pending Home Sales 1.40 1.00 30.00 -24.50 percent [+]
Existing Home Sales 5330.00 5380.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.00 0.90 5.90 -4.80 percent [+]
Nahb Housing Market Index 65.00 59.00 78.00 8.00 [+]
Housing Index 0.50 0.30 1.20 -1.70 percent [+]
Mortgage Rate 3.70 3.67 10.56 3.47 percent [+]
Mortgage Applications -7.30 4.20 49.10 -38.80 percent [+]
Home Ownership Rate 62.90 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 189.87 188.32 206.52 100.00 Index Points [+]




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