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Free AccessUS Data: New Residential Construction - Summary>
Release for: January 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Jan-18 Dec-17 Nov-17 Jan-17 Jan-18 Dec-17 y/y:
Housing starts 1326 1209 1299 1236 9.7 -6.9 7.3
(previous) -- 1192 1299 -- -- -- --
Single-family 877 846 946 815 3.7 -10.6 7.6
1-fam % of total 66.1 70.0 72.8 65.9 -- -- --
Total multi-family* 449 363 353 421 23.7 2.8 6.7
multi-fam % of total 33.9 30.0 27.2 34.1 -- -- --
Northeast 128 88 93 125 45.5 -5.4 2.4
Midwest 150 167 179 202 -10.2 -6.7 -25.7
South 655 599 675 678 9.3 -11.3 -3.4
West 393 355 352 231 10.7 0.9 70.1
Housing starts (unadj) 90.1 81.3 97.9 82.3 10.8 -17.0 9.5
Building permits 1396 1300 1303 1300 7.4 -0.2 7.4
Single-family 866 881 865 806 -1.7 1.8 7.4
1-fam % of total 62.0 67.8 66.4 62.0 -- -- --
Total multi-family* 530 419 438 494 26.5 -4.3 7.3
multi-fam % of total 38.0 32.2 33.6 38.0 -- -- --
Northeast 123 148 114 153 -16.9 29.8 -19.6
Midwest 189 214 183 198 -11.7 16.9 -4.5
South 706 579 651 653 21.9 -11.1 8.1
West 378 359 355 296 5.3 1.1 27.7
Building permits (unadj) 98.1 93.1 97.0 87.3 5.4 -4.0 12.4
Completions 1166 1188 1138 1083 -1.9 4.4 7.7
Single-family 850 832 778 802 2.2 6.9 6.0
1-fam % of total 72.9 70.0 68.4 74.1 -- -- --
Total multi-family* 316 356 360 281 -11.2 -1.1 12.5
multi-fam % of total 27.1 30.0 31.6 25.9 -- -- --
Completions (unadj) 79.7 113.3 95.1 74.6 -29.7 19.1 6.8
Homes Not Started 158 157 152 143 0.6 3.3 10.5
Homes Under Construction 1120 1110 1105 1071 0.9 0.5 4.6
** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
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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.