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United States Housing Starts
Last Release
Nov 30, 2024
Actual
1,289
Units In
Thousand units
Previous
1,312
Frequency
Monthly
Next Release
Jan 17, 2025
Time to Release
28 Days 16 Hours
Highest | Lowest | Average | Date Range | Source |
2,494 Jan 1972 | 478 Apr 2009 | 1,432.16 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 United States unexpectedly declined 1.8% to a seasonally adjusted annualized rate of 1.289 million units in November 2024, the lowest in four months, compared to 1.312 million in October and forecasts of 1.34 million. Starts for houses with five units or more plunged 24.1% to 0.264 million, offsetting a 6.4% gain for the single-family segment that saw starts hitting 1.011 million. Starts plunged in the Midwest (-28.2% to 0.158 million) and the West (-11.9% to 0.289 million) but rose in the Northeast (10.6% to 0.115 million). Starts also rose in the South (10.2% to 0.727 million), after a 9.2% slump in October due to hurricanes.
United States Housing Starts History
Last 12 readings