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US Data: New Residential Construction - Summary>
Release for: October 2017
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Oct-17 Sep-17 Aug-17 Oct-16 Oct-17 Sep-17 y/y:
Housing starts 1290 1135 1172 1328 13.7 -3.2 -2.9
(previous) -- 1127 1183 -- -- -- --
Single-family 877 833 871 871 5.3 -4.4 0.7
1-fam % of total 68.0 73.4 74.3 65.6 -- -- --
Total multi-family* 413 302 301 457 36.8 0.3 -9.6
multi-fam % of total 32.0 26.6 25.7 34.4 -- -- --
Northeast 145 102 108 162 42.2 -5.6 -10.5
Midwest 212 179 171 198 18.4 4.7 7.1
South 621 530 583 624 17.2 -9.1 -0.5
West 312 324 310 344 -3.7 4.5 -9.3
Housing starts (unadj) 112.3 101.9 102.6 114.5 10.2 -0.7 -1.9
Building permits 1297 1225 1272 1285 5.9 -3.7 0.9
Single-family 839 823 800 779 1.9 2.9 7.7
1-fam % of total 64.7 67.2 62.9 60.6 -- -- --
Total multi-family* 458 402 472 506 13.9 -14.8 -9.5
multi-fam % of total 35.3 32.8 37.1 39.4 -- -- --
Northeast 126 121 109 116 4.1 11.0 8.6
Midwest 192 185 184 202 3.8 0.5 -5.0
South 613 595 620 616 3.0 -4.0 -0.5
West 366 324 359 351 13.0 -9.7 4.3
Building permits (unadj) 112.1 101.4 119.6 104.0 10.6 -15.2 7.8
Completions 1232 1094 1091 1067 12.6 0.3 15.5
Single-family 793 773 748 755 2.6 3.3 5.0
1-fam % of total 64.4 70.7 68.6 70.8 -- -- --
Total multi-family* 439 321 343 312 36.8 -6.4 40.7
multi-fam % of total 35.6 29.3 31.4 29.2 -- -- --
Completions (unadj) 111.6 97.5 102.1 96.7 14.5 -4.5 15.4
Homes Not Started 152 150 148 133 1.3 1.4 14.3
Homes Under Construction 1096 1086 1078 1053 0.9 0.7 4.1
** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
To read the full story
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Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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