Housing starts in the US sank 6 percent month-over-month to an annualized rate of 1580 thousand in January of 2021, from an almost 14-year high of 1680 thousand reached in December and compared with market forecasts of 1658 thousand. Single-family housing starts were at a rate of 1162 thousand, 12.2 percent below the revised December figure of 1323 thousand. The rate for units in buildings with five units or more was 402 thousand, 16.2 percent above the December reading of 346 thousand. Sales plunged in the Midwest (-12.3 percent to 221 thousand), the West (-11.4 percent to 396 thousand) and the South (-2.5 percent to 829 thousand). In contrast, sales in the Northeast increased 2.3 percent to 134 thousand source: U.S. Census Bureau
Housing Starts in the United States averaged 1429.13 Thousand units from 1959 until 2021, 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 February of 2021.
Housing Starts in the United States is expected to be 1200.00 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 1170.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1270.00 Thousand units in 2022, according to our econometric models.