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August 16, 2018 12:30 GMT
US Data: New Residential Construction - Summary>
Release for: July 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Jul-18 Jun-18 May-18 Jul-17 Jul-18 Jun-18 y/y:
Housing starts 1168 1158 1329 1185 0.9 -12.9 -1.4
(previous) -- 1173 1337 -- -- -- --
Single-family 862 854 938 839 0.9 -9.0 2.7
1-fam % of total 73.8 73.7 70.6 70.8 -- -- --
Total multi-family* 306 304 391 346 0.7 -22.3 -11.6
multi-fam % of total 26.2 26.3 29.4 29.2 -- -- --
Northeast 97 101 106 119 -4.0 -4.7 -18.5
Midwest 173 155 239 161 11.6 -35.1 7.5
South 636 576 652 611 10.4 -11.7 4.1
West 262 326 332 294 -19.6 -1.8 -10.9
Housing starts (unadj) 110.4 110.6 123.7 112.3 -0.2 -10.6 -1.7
Building permits 1311 1292 1301 1258 1.5 -0.7 4.2
Single-family 869 853 843 817 1.9 1.2 6.4
1-fam % of total 66.3 66.0 64.8 64.9 -- -- --
Total multi-family* 442 439 458 441 0.7 -4.1 0.2
multi-fam % of total 33.7 34.0 35.2 35.1 -- -- --
Northeast 126 119 134 122 5.9 -11.2 3.3
Midwest 183 173 209 173 5.8 -17.2 5.8
South 668 670 625 638 -0.3 7.2 4.7
West 334 330 333 325 1.2 -0.9 2.8
Building permits (unadj) 114.0 121.6 125.0 102.9 -6.3 -2.7 10.8
Completions 1188 1209 1251 1197 -1.7 -3.4 -0.8
Single-family 814 859 875 847 -5.2 -1.8 -3.9
1-fam % of total 68.5 71.1 69.9 70.8 -- -- --
Total multi-family* 374 350 376 350 6.9 -6.9 6.9
multi-fam % of total 31.5 28.9 30.1 29.2 -- -- --
Completions (unadj) 100.9 108.5 105.7 102.2 -7.0 2.6 -1.3
Homes Not Started 175 164 160 142 6.7 2.5 23.2
Homes Under Construction 1122 1121 1126 1071 0.1 -0.4 4.8
** 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
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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