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

Housing starts in the United States jumped 11.3 percent from the previous month to a seasonally adjusted annualized rate of 1226 thousand in December of 2016, beating market expectations of 1200 thousand. Multi-segment starts rebounded while single-family declined for the second month. Considering full 2016, housing starts rose 4.9 percent to 1166.4 thousand. Housing Starts in the United States averaged 1438.64 Thousand from 1959 until 2016, 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)
2016-12-16 01:30 PM Nov 1090K 1340K 1225K 1181K
2017-01-19 01:30 PM Dec 1226K 1102K 1200K 1160K
2017-01-19 01:30 PM Dec 11.3% -16.5% 8.6% 5%
2017-02-16 01:30 PM Jan 1226K 1166.8K
2017-02-16 01:30 PM Jan 11.3%
2017-03-16 01:30 PM Feb 1171.3K




US Housing Starts Rise More Than Expected


Housing starts in the United States jumped 11.3 percent from the previous month to a seasonally adjusted annualized rate of 1226 thousand in December of 2016, beating market expectations of 1200 thousand. Multi-segment starts rebounded while single-family declined for the second month. Considering full 2016, housing starts rose 4.9 percent to 1166.4 thousand. Considering full 2016, housing starts rose 4.9 percent to 1166.4 thousand.

The volatile multi-family segment jumped 53.9 percent to 417 thousand while single-family housing starts, the largest segment of the market, declined 4 percent to 795 thousand. Starts rose the most in the Midwest (31.2 percent to 227 thousand), followed by the West (23.5 percent to 331 thousand) and the Northeast (18.5 percent to 96 thousand). In contrast, starts fell 1.4 percent to 572 thousand in the South. 

Building permits edged down 0.2 percent to 1210 thousand, lower than market expectations of 1225 thousand. The multi-family segment went down 10.1 percent to 355 thousand, offsetting a 4.7 percent rise in the single-family segment (to 817 thousand) and a 2.7 percent increase in structures with 2 to 4 units (to 38 thousand). Permits fell in the South (-2.9 percent to 568 thousand) but rose in the West (3.3 percent to 340 thousand), the Northeast (2.7 percent to 113 thousand) and the Midwest (0.5 percent to 189 thousand). 

Year-on-year, housing starts rose 5.7 percent and building permits went up 0.7 percent. 

Considering full 2016, permits edged up 0.4 percent to 1186.9 thousand. 

U.S. Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
1/19/2017 1:53:33 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1210.00 1212.00 2419.00 513.00 Thousand [+]
Housing Starts 1226.00 1102.00 2494.00 478.00 Thousand [+]
New Home Sales 592.00 563.00 1389.00 270.00 Thousand [+]
Pending Home Sales -0.40 1.80 30.90 -24.30 percent [+]
Existing Home Sales 5610.00 5570.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.90 0.60 5.90 -4.80 percent [+]
Nahb Housing Market Index 67.00 69.00 78.00 8.00 [+]
Housing Index 0.40 0.60 1.20 -1.70 percent [+]
Mortgage Rate 4.27 4.32 10.56 3.47 percent [+]
Mortgage Applications 0.80 5.80 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 62.90 69.20 62.90 percent [+]
Case Shiller Home Price Index 191.79 191.68 206.52 100.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1226.00 1102.00 2494.00 478.00 1959 - 2016 Thousand Monthly
Volume, SA



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