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United States Housing Starts

Last Release
Oct 31, 2022
Actual
1,425
Units In
Thousand units
Previous
1,488
Frequency
Monthly
Next Release
Dec 20, 2022
Time to Release
14 Days 19 Hours
Highest
Lowest
Average
Date Range
Source
2,494
Jan 1972
478
Apr 2009
1,433.91 Thousand units1959-2022U.S. Census Bureau
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.

Latest Updates

Housing starts in the US declined 4.2% month-over-month to a seasonally adjusted annualized rate of 1.425 million in October of 2022, after falling by a downwardly revised 1.3% in September, and compared to market forecasts of 1.41 million. Single-family housing starts dropped 6.1% to a rate of 855 thousand while the rate for units in buildings with five units or more decreased 0.5% to 556 thousand. Starts were down in the Northeast (-34.7% to 96 thousand), the Midwest (-11.1% to 185 thousand); and the West (-10.6% to 336 thousand) while starts went up in the South (6.7% to 808 thousand). Compared to October 2021, housing starts fell 8.8%. The US housing market has been hit by soaring prices of materials and rising mortgage rates, which recently reached their highest level since 2001.

United States Housing Starts History

Last 12 readings

United States Housing Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Building Permits
1,512
Oct 2022
1,564
Sep 2022
513
Mar 2009
2,419
Dec 1972
ThousandMonthly1960-2022
Building Permits MoM
-3.3
Oct 2022
1.4
Sep 2022
-24
Feb 1990
33.9
Jan 1967
%Monthly1960-2022
Case Shiller Home Price Index
306.29
Sep 2022
310.99
Aug 2022
100
Jan 2000
318.63
Jun 2022
PointsMonthly2000-2022
Case Shiller Home Price Index MoM
-1.5
Sep 2022
-1.6
Aug 2022
-2.8
Jan 2009
2.6
Apr 2013
%Monthly2000-2022
Case Shiller Home Price Index YoY
10.4
Sep 2022
13.1
Aug 2022
-19
Jan 2009
21.2
Mar 2022
%Monthly2001-2022
Construction Spending
-0.3
Oct 2022
0.2
Sep 2022
-4.8
Feb 1975
5.9
Apr 1978
%Monthly1964-2022
Existing Home Sales
4,430
Oct 2022
4,710
Sep 2022
1,370
Mar 1970
7,250
Sep 2005
ThousandMonthly1968-2022
Existing Home Sales MoM
-5.9
Oct 2022
-1.5
Sep 2022
-22.5
Jul 2010
22.5
Jul 2020
%Monthly1968-2022
Home Ownership Rate
66
Sep 2022
65.8
Jun 2022
62.9
Mar 1965
69.2
Jun 2004
%Quarterly1965-2022
House Price Index MoM
0.1
Sep 2022
-0.7
Aug 2022
-1.8
Nov 2008
2.1
Feb 2022
N/A1991-2022
House Price Index YoY
11
Sep 2022
11.9
Aug 2022
-10.6
Nov 2008
19.4
Feb 2022
N/A1992-2022
Housing Index
392.3
Sep 2022
392
Aug 2022
100
Jan 1991
398.1
May 2022
%Monthly1991-2022
Housing Starts
1,425
Oct 2022
1,488
Sep 2022
478
Apr 2009
2,494
Jan 1972
Thousand unitsMonthly1959-2022
Housing Starts MoM
-4.2
Oct 2022
-1.3
Sep 2022
-26.4
Mar 1984
29.3
Jul 1982
N/A1959-2022
MBA Mortgage Market Index
208.1
Nov 2022
209.8
Nov 2022
64.2
Oct 1990
1,856.7
May 2003
N/A1990-2022
MBA Mortgage Refinance Index
325.5
Nov 2022
373.6
Nov 2022
59
Dec 1994
9,977.8
May 2003
N/A1990-2022
MBA Purchase Index
181
Nov 2022
174.4
Nov 2022
53.5
Dec 1990
529.3
Jun 2005
N/A1990-2022
Mortgage Applications
-0.8
Nov 2022
2.2
Nov 2022
-40.5
Jan 1993
112.1
Nov 2008
%Weekly1990-2022
Mortgage Rate
6.49
Nov 2022
6.67
Nov 2022
2.85
Dec 2020
10.56
Apr 1990
%Weekly1990-2022
Nahb Housing Market Index
33
Nov 2022
38
Oct 2022
8
Jan 2009
90
Nov 2020
Monthly1985-2022
New Home Sales
632
Oct 2022
588
Sep 2022
270
Feb 2011
1,389
Jul 2005
Thousand unitsMonthly1963-2022
New Home Sales MoM
7.5
Oct 2022
-11
Sep 2022
-33.6
May 2010
31.2
Apr 1963
N/A1963-2022
Pending Home Sales
-37
Oct 2022
-31
Sep 2022
-37
Oct 2022
51.7
Apr 2021
%Monthly2002-2022
Pending Home Sales MoM
-4.6
Oct 2022
-8.7
Sep 2022
-30.3
May 2010
41.9
May 2020
%Monthly2001-2022
Single Family Home Prices
379,100
Oct 2022
384,800
Sep 2022
19,700
Jan 1968
416,000
Jun 2022
USDMonthly1968-2022

Housing Starts across North America

Housing Starts global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
267.1
Oct 2022
298.8
Sep 2022
90.7
Aug 1982
333.28
Mar 2021
Thousand units Monthly1977-2022
United States
1,425
Oct 2022
1,488
Sep 2022
478
Apr 2009
2,494
Jan 1972
Thousand units Monthly1959-2022

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