Housing starts in the US jumped 4.9 percent to a seasonally adjusted annual rate of 1.53 million units in October of 2020, from an upwardly revised 1.459 million in the previous month and beating market expectations of 1.46 million. It is the highest reading since February as single-family housing starts soared 6.4 percent to 1.179 million, while the volatile multi-family segment dropped 3.2 percent 334 thousand. Housing starts rose in the South (12.9 percent to 859 thousand), the West (4.2 percent to 374 thousand) and the Midwest (3.3 percent to 219 thousand) but sank 38.6 percent to 78 thousand in the Northeast. source: U.S. Census Bureau
Housing Starts in the United States averaged 1428.48 Thousand units from 1959 until 2020, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Housing Starts in the United States is expected to be 1280.00 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 1450.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1170.00 Thousand units in 2021 and 1270.00 Thousand units in 2022, according to our econometric models.