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October 17, 2018 12:30 GMT
US Data: New Residential Construction - Summary>
Release for: September 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Sep-18 Aug-18 Jul-18 Sep-17 Sep-18 Aug-18 y/y:
Housing starts 1201 1268 1184 1158 -5.3 7.1 3.7
(previous) -- 1282 1174 -- -- -- --
Single-family 871 879 861 831 -0.9 2.1 4.8
1-fam % of total 72.5 69.3 72.7 71.8 -- -- --
Total multi-family* 330 389 323 327 -15.2 20.4 0.9
multi-fam % of total 27.5 30.7 27.3 28.2 -- -- --
Northeast 120 93 103 101 29.0 -9.7 18.8
Midwest 160 186 178 186 -14.0 4.5 -14.0
South 567 657 624 543 -13.7 5.3 4.4
West 354 332 279 328 6.6 19.0 7.9
Housing starts (unadj) 106.1 112.6 111.9 104.4 -5.8 0.6 1.6
Building permits 1241 1249 1303 1254 -0.6 -4.1 -1.0
Single-family 851 827 873 831 2.9 -5.3 2.4
1-fam % of total 68.6 66.2 67.0 66.3 -- -- --
Total multi-family* 390 422 430 423 -7.6 -1.9 -7.8
multi-fam % of total 31.4 33.8 33.0 33.7 -- -- --
Northeast 92 102 125 120 -9.8 -18.4 -23.3
Midwest 154 190 181 189 -18.9 5.0 -18.5
South 654 650 665 612 0.6 -2.3 6.9
West 341 307 332 333 11.1 -7.5 2.4
Building permits (unadj) 96.6 116.9 113.0 103.3 -17.4 3.5 -6.5
Completions 1162 1212 1195 1086 -4.1 1.4 7.0
Single-family 844 924 829 777 -8.7 11.5 8.6
1-fam % of total 72.6 76.2 69.4 71.5 -- -- --
Total multi-family* 318 288 366 309 10.4 -21.3 2.9
multi-fam % of total 27.4 23.8 30.6 28.5 -- -- --
Completions (unadj) 101.7 111.7 101.9 96.2 -9.0 9.6 5.7
Homes Not Started 166 167 170 150 -0.6 -1.8 10.7
Homes Under Construction 1129 1126 1118 1089 0.3 0.7 3.7
** 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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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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