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US Data: New Residential Construction - Summary> 

Release for:  November 2017
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
                                             yr-ago % chg mo/mo:   % chg
                         Nov-17 Oct-17 Sep-17 Nov-16 Nov-17 Oct-17  y/y:
Housing starts             1297   1256   1159   1149    3.3    8.4   12.9
  (previous)                --    1290   1135    --     --     --     --
  Single-family             930    883    832    823    5.3    6.1   13.0
    1-fam % of total       71.7   70.3   71.8   71.6    --     --     --
  Total multi-family*       367    373    327    326   -1.6   14.1   12.6
    multi-fam % of total   28.3   29.7   28.2   28.4    --     --     --
  Northeast                  87    144    101     83  -39.6   42.6    4.8
  Midwest                   175    201    187    216  -12.9    7.5  -19.0
  South                     691    622    543    581   11.1   14.5   18.9
  West                      344    289    328    269   19.0  -11.9   27.9
Housing starts (unadj)     98.4  109.0  104.4   87.8   -9.7    4.4   12.1
Building permits           1298   1316   1225   1255   -1.4    7.4    3.4
  Single-family             862    850    823    786    1.4    3.3    9.7
    1-fam % of total       66.4   64.6   67.2   62.6    --     --     --
  Total multi-family*       436    466    402    469   -6.4   15.9   -7.0
    multi-fam % of total   33.6   35.4   32.8   37.4    --     --     --
  Northeast                 115    122    121    119   -5.7    0.8   -3.4
  Midwest                   184    193    185    187   -4.7    4.3   -1.6
  South                     642    633    595    608    1.4    6.4    5.6
  West                      357    368    324    341   -3.0   13.6    4.7
Building permits (unadj)   96.5  114.0  101.4   94.5  -15.4   12.4    2.1
Completions                1116   1189   1081   1203   -6.1   10.0   -7.2
  Single-family             752    788    771    766   -4.6    2.2   -1.8
    1-fam % of total       67.4   66.3   71.3   63.7    --     --     --
  Total multi-family*       364    401    310    437   -9.2   29.4  -16.7
    multi-fam % of total   32.6   33.7   28.7   36.3    --     --     --
Completions (unadj)        93.0  107.7   96.2  100.0  -13.6   12.0   -7.0
Homes Not Started           155    154    151    139    0.6    2.0   11.5
Homes Under Construction   1110   1099   1088   1046    1.0    1.0    6.1
  ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
USData StoriesImpactDataData Tabledata-HeadlineHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
USData StoriesImpactDataData Tabledata-HeadlineHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
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