United States Housing Starts

Last Release

Jun 30, 2024

Actual

1,353

Units In

Thousand units

1,314

Frequency

Monthly

Next Release

Aug 16, 2024

Time to Release

28 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
2,494 Jan 1972	478 Apr 2009	1,432.97 Thousand units	1959-2024	U.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 rose by 3% from the previous month to an annualized rate of 1,314,000 in June of 2024, rebounding from the revised 4.6% decline in the previous month and firmly above market expectations of 1,300,000 starts. The growth was carried by a 22% surge in starts of buildings with 5 units or more, totaling an annual rate of 360,000. This offset a 2.2% drop in single-unit starts, totaling a rate of 980,000. Among different parts of the country, starts soared in the Northeast (34.4% to 121,000) and the Midwest (26.8% to 194,000), while dropping in the West (-6.1% to 306,000) and the South (-1.7% to 732,000).