Housing starts in the US rose 5.7 percent from a month earlier to a seasonally adjusted annual rate of 1,235 thousand units in April 2019, more than an expected 1,205 thousand and following a revised 1.7 percent advance in March. Construction of both single- and multi-family housing units increased. Housing Starts in the United States averaged 1430.51 Thousand units from 1959 until 2019, reaching an all time high of 2494 Thousand units in January of 1972 and a record low of 478 Thousand units in April of 2009.
Housing Starts in the United States is expected to be 1218.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in the United States to stand at 1150.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1070.00 Thousand units in 2020, according to our econometric models.