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

Housing starts in the United States fell 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1246 thousand in January of 2017, following an upwardly revised 1279 thousand in the previous month and due to a fall in the multi-family segment. Figures beat market expectations of 1222 thousand. Building permits rose 4.6 percent to a one-year high of 1285 thousand, also better than forecasts of 1230 thousand. Housing Starts in the United States averaged 1438.43 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)
2017-01-19 01:30 PM Dec 1226K 1102K 1200K 1160K
2017-02-16 01:30 PM Jan 1246K 1279K 1222K 1220K
2017-02-16 01:30 PM Jan -2.6% 11.3% 0.1%
2017-03-16 01:30 PM Feb 1246K 1250K
2017-03-16 01:30 PM Feb -2.6% 3%
2017-04-18 01:30 PM Mar 1254.6K




US Housing Starts Decline 2.6% In January


Housing starts in the United States went down 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1246 thousand in January of 2017, following an upwardly revised 1279 thousand in the previous month and due to a fall in the multi-family segment. Figures beat market expectations of 1222 thousand. Building permits rose 4.6 percent to a one-year high of 1285 thousand, also better than forecasts of 1230 thousand.

The volatile multi-family segment declined 7.9 percent to 421 thousand while single-family housing starts, the largest segment of the market, rose 1.9 percent to 823 thousand. Starts declined in the Midwest (-17.9 percent to 188 thousamd) and the West (-41.3 percent to 225 thousand) but went up in the Northeast (55.4 percent to 143 tousand) and the South (20 percent to 690 thousand).

Building permits reached the highest since November of 2015. Figures for the previous month were revised up to 1228 thousand. Permits for the multi-family segment jumped 23.5 percent to 446 thousand, offsetting a 2.7 percent fall in the single-family segment (to 808 thousand) and a 16.2 percent drop in structures with 2 to 4 units (to 31 thousand). Permits rose in the Northeast (29.6 percent to 149 thousand), the South (9.9 percent to 642 thousand) and the Midwest (5.3 percent to 198 thousand) but fell 13.2 percent in the West (to 296 thousand). 

Year-on-year, housing starts rose 10.5 percent and building permits went up 8.2 percent. 


U.S. Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
2/16/2017 2:09:46 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1285.00 1228.00 2419.00 513.00 Thousand [+]
Housing Starts 1246.00 1279.00 2494.00 478.00 Thousand [+]
New Home Sales 536.00 598.00 1389.00 270.00 Thousand [+]
Pending Home Sales 0.30 -0.40 30.90 -24.30 percent [+]
Existing Home Sales 5490.00 5650.00 7250.00 1370.00 Thousand [+]
Construction Spending -0.20 0.90 5.90 -4.80 percent [+]
Housing Index 0.50 0.30 1.20 -1.70 percent [+]
Nahb Housing Market Index 65.00 67.00 78.00 8.00 [+]
Mortgage Rate 4.32 4.35 10.56 3.47 percent [+]
Mortgage Applications -3.70 2.30 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 192.14 191.77 206.52 100.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1246.00 1279.00 2494.00 478.00 1959 - 2017 Thousand Monthly
Volume, SA



Last
Belgium 3.57 Dec/15
Bulgaria 830.00 Sep/16
Canada 207.41 Jan/17
Chile 13041.00 Dec/16
Czech Republic 7766.00 Dec/16
Denmark 1913.00 Dec/16
Finland 4094.00 Oct/16
France 35400.00 Dec/16
Iceland 1612.00 Dec/15
Israel 12777.00 Sep/16
Japan 3.90 Dec/16
Kyrgyzstan 322.00 Jan/17
Norway 3585.00 Dec/16
Russia 16.90 Dec/16
Spain 0.49 Sep/16
Sweden 14.58 Dec/16
Thailand 8777.00 Nov/16
Turkey 7362.00 Sep/16
United Kingdom 40970.00 Sep/16
United States 1246.00 Jan/17