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

Housing starts in the United States climbed 25.5 percent from the previous month to a seasonally adjusted annualized rate of 1323 thousand in October 2016, way above market expectations of 1156 thousand. It was the highest reading since August 2007 and the biggest increase since July 1982, as single-family housing starts advanced 10.7 percent and those for the volatile multi-family segment soared 68.8 percent. Starts increased in all four regions. Meanwhile, building permits rose 0.3 percent to 1229 thousand while markets were expecting a 2.9 percent drop. Housing Starts in the United States averaged 1439.41 Thousand from 1959 until 2016, reaching an all time high of 2494.00 Thousand in January of 1972 and a record low of 478.00 Thousand in April of 2009.

United States Housing Starts
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-19 12:30 PM Sep 1047K 1150K 1175K 1150K
2016-11-17 01:30 PM Oct 1323K 1054K 1156K 1185K
2016-11-17 01:30 PM Oct 25.5% -9.5% 7.0%
2016-12-16 01:30 PM Nov 25.5%
2016-12-16 01:30 PM Nov 1323K 1225K 1181K
2017-01-20 01:30 PM Dec




US Housing Starts Rise to 9-Year High in October


Housing starts in the United States climbed 25.5 percent from the previous month to a seasonally adjusted annualized rate of 1323 thousand in October 2016, way above market expectations of 1156 thousand. It was the highest reading since August 2007 and the biggest increase since July 1982, as single-family housing starts advanced 10.7 percent and those for the volatile multi-family segment soared 68.8 percent.

Single-family housing starts, the largest segment of the market, rose 10.7 percent to 785 and those for the volatile multi-family segment soared 68.8 percent to 454 thousand, of which for 5 units or more jumped 74.5 percent to 445 thousand. Starts rose in the Northeast (+44.8 percent), in the Midwest (+44.1 percent), in the West (+23.2 percent) and in the South (+17.9 percent).

Building permits rose 0.3 percent to reach a year high of 1229 thousand while markets were expecting a 2.9 percent drop. Single-family permits rose 2.7 percent to 762 thousand while those to 5 units or more fell 1.8 percent to 439 thousand. Increases occured in the Midwest (+12.1 percent) and in the West (+7.5 percent). By contrast, permits decreased in the Northeast (-21.1 percent) and in the South (-2.4 percent).

Year-on-year, housing starts rose 23.3 percent in October and building permits increased 4.6 percent.

U.S. Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/17/2016 1:57:26 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1260.00 1225.00 2419.00 513.00 Thousand [+]
Housing Starts 1323.00 1054.00 2494.00 478.00 Thousand [+]
New Home Sales 563.00 574.00 1389.00 270.00 Thousand [+]
Pending Home Sales 1.80 2.40 30.00 -24.50 percent [+]
Existing Home Sales 5600.00 5490.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.50 0.00 5.90 -4.80 percent [+]
Nahb Housing Market Index 63.00 63.00 78.00 8.00 [+]
Housing Index 0.60 0.70 1.20 -1.70 percent [+]
Mortgage Rate 4.27 4.23 10.56 3.47 percent [+]
Mortgage Applications -0.70 -9.40 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 62.90 69.20 62.90 percent [+]
Case Shiller Home Price Index 191.78 191.53 206.52 100.00 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1323.00 1054.00 2494.00 478.00 1959 - 2016 Thousand Monthly
Volume, SA



Last
Belgium 3.31 Dec/15
Bulgaria 830.00 Sep/16
Canada 184.00 Nov/16
Chile 7404.00 Sep/16
Czech Republic 6970.00 Sep/16
Denmark 1468.00 Sep/16
Finland 4468.00 Sep/16
France 33500.00 Sep/16
Iceland 1612.00 Dec/15
Israel 12163.00 Jun/16
Japan 13.70 Oct/16
Kyrgyzstan 547.00 Oct/16
Norway 2759.00 Oct/16
Russia 6.10 Oct/16
Spain 0.58 Jun/16
Sweden 12.51 Sep/16
Thailand 8757.00 Aug/16
Turkey 7362.00 Sep/16
United Kingdom 40970.00 Sep/16
United States 1323.00 Oct/16