Housing starts in the US fell 3.6 percent from a month earlier to an annualized 1.567 million units in January of 2020 but beat market forecasts of 1.425 million. Housing starts for December were revised up to 1.626 million units from 1.608 million, the highest level since December of 2006. In January, single-family housing which is the largest share of the housing market, went down 5.9 percent to 1.010 million units from 1.073 million in December which was the highest since June of 2007. On the other hand, starts for the volatile multi-family segment increased 3 percent to 0.547 million. Starts declined in the South (-5.4 percent to 0.778 million) and the Midwest (-25.9 percent to 0.18 million) but rose in the West (1.2 percent to 0.431 million) and the Northeast (31.9 percent to 0.178 million). Meanwhile, building permits jumped 9.2% to 1.551 million, well above expectations of 1.450 million and the highest level since March 2007.

Housing Starts in the United States averaged 1429.80 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.

Housing Starts in the United States is expected to be 1150.00 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 1180.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1070.00 Thousand units in 2021, according to our econometric models.


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United States Housing Starts

Actual Previous Highest Lowest Dates Unit Frequency
1567.00 1626.00 2494.00 478.00 1959 - 2020 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-17 01:30 PM Housing Starts MoM Dec 16.9% 2.6% -3.8% -2.6%
2020-01-17 01:30 PM Housing Starts Dec 1.608M 1.375M 1.375M 1.330M
2020-02-19 01:30 PM Housing Starts MoM Jan -3.6% 17.7% -11.7%
2020-02-19 01:30 PM Housing Starts Jan 1.567M 1.626M 1.425M 1.420M
2020-03-18 12:30 PM Housing Starts Feb 1.567M 1.5M
2020-04-16 12:30 PM Housing Starts Mar 1.1M
2020-05-19 12:30 PM Housing Starts Apr
2020-06-17 12:30 PM Housing Starts May


News Stream
US Housing Starts Beat Forecasts
Housing starts in the US fell 3.6 percent from a month earlier to an annualized 1.567 million units in January of 2020 but beat market forecasts of 1.425 million. Housing starts for December were revised up to 1.626 million units from 1.608 million, the highest level since December of 2006. In January, single-family housing which is the largest share of the housing market, went down 5.9 percent to 1.010 million units from 1.073 million in December which was the highest since June of 2007. On the other hand, starts for the volatile multi-family segment increased 3 percent to 0.547 million. Starts declined in the South (-5.4 percent to 0.778 million) and the Midwest (-25.9 percent to 0.18 million) but rose in the West (1.2 percent to 0.431 million) and the Northeast (31.9 percent to 0.178 million). Meanwhile, building permits jumped 9.2% to 1.551 million, well above expectations of 1.450 million and the highest level since March 2007.
2020-02-19
US Housing Starts Jump to 13-Year High in December
Housing starts in the US jumped 16.9 percent from a month earlier to a seasonally adjusted annual rate of 1.608 million units in December 2019, the highest level since December 2006. It was also the largest gain since October 2016 and followed a revised 2.6 percent rise in November. Single-family homebuilding climbed 11.2 percent to 1.055 million units, the highest since June 2007, and starts for the volatile multi-family housing segment surged 29.8 percent to 553 thousand units. Housing starts rose across all regions: the South (9.3 percent to 810 thousand); West (19.8 percent to 411 thousand); Midwest (37.3 percent to 254 thousand); and Northeast (25.5 percent to 133 thousand). Considering 2019 full year, housing starts were up 3.2 percent to an estimated 1.290 million units.
2020-01-17
US Housing Starts Beat Forecasts
Housing starts in the US went up 3.2 percent month-over-month to an annualized 1.365 million units in November of 2019. It compares with an upwardly revised 1.323 million in the previous month and market expectations of 1.345 million. This is 13.6 percent above the November 2018 rate of 1,202,000. Single-family housing starts in November were at a rate of 938,000; this is 2.4 percent above the revised October figure of 916,000. The November rate for units in buildings with five units or more was 404,000. The housing market has been boosted by a fall in mortgage rates after the Fed cut key rates 3 times this year.
2019-12-17
US Housing Starts Rebound in October
US housing starts rose 3.8 percent from a month earlier to a seasonally adjusted annual rate of 1,314 thousand units in October 2019, compared to market expectations of 1,320 thousand and following a revised 7.9 percent slump in September. Starts for the volatile multi-family housing segment jumped 8.6 percent and single-family homebuilding increased 2.0 percent.
2019-11-19

United States Housing Starts
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.