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May 16, 2018 12:30 GMT
US Data: New Residential Construction - Summary>
Release for: April 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Apr-18 Mar-18 Feb-18 Apr-17 Apr-18 Mar-18 y/y:
Housing starts 1287 1336 1290 1165 -3.7 3.6 10.5
(previous) -- 1319 1295 -- -- -- --
Single-family 894 893 900 834 0.1 -0.8 7.2
1-fam % of total 69.5 66.8 69.8 71.6 -- -- --
Total multi-family* 393 443 390 331 -11.3 13.6 18.7
multi-fam % of total 30.5 33.2 30.2 28.4 -- -- --
Northeast 114 124 132 85 -8.1 -6.1 34.1
Midwest 164 196 154 201 -16.3 27.3 -18.4
South 663 623 615 570 6.4 1.3 16.3
West 346 393 389 309 -12.0 1.0 12.0
Housing starts (unadj) 117.6 107.5 89.7 105.2 9.4 19.8 11.8
Building permits 1352 1377 1323 1255 -1.8 4.1 7.7
Single-family 859 851 886 796 0.9 -4.0 7.9
1-fam % of total 63.5 61.8 67.0 63.4 -- -- --
Total multi-family* 493 526 437 459 -6.3 20.4 7.4
multi-fam % of total 36.5 38.2 33.0 36.6 -- -- --
Northeast 92 135 145 120 -31.9 -6.9 -23.3
Midwest 194 203 192 193 -4.4 5.7 0.5
South 730 652 617 597 12.0 5.7 22.3
West 336 387 369 345 -13.2 4.9 -2.6
Building permits (unadj) 118.6 117.6 92.1 105.0 0.9 27.7 13.0
Completions 1257 1223 1289 1095 2.8 -5.1 14.8
Single-family 820 854 882 777 -4.0 -3.2 5.5
1-fam % of total 65.2 69.8 68.4 71.0 -- -- --
Total multi-family* 437 369 407 318 18.4 -9.3 37.4
multi-fam % of total 34.8 30.2 31.6 29.0 -- -- --
Completions (unadj) 95.1 94.9 88.6 83.4 0.2 7.1 14.0
Homes Not Started 163 160 160 143 1.9 0.0 14.0
Homes Under Construction 1124 1124 1119 1074 0.0 0.4 4.7
** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
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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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Why MNI
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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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