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Free AccessUS Data: New Residential Construction - Summary>
Release for: October 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Oct-18 Sep-18 Aug-18 Oct-17 Oct-18 Sep-18 y/y:
Housing starts 1228 1210 1280 1265 1.5 -5.5 -2.9
(previous) -- 1201 1268 -- -- -- --
Single-family 865 881 890 888 -1.8 -1.0 -2.6
1-fam % of total 70.4 72.8 69.5 70.2 -- -- --
Total multi-family* 363 329 390 377 10.3 -15.6 -3.7
multi-fam % of total 29.6 27.2 30.5 29.8 -- -- --
Northeast 87 132 99 145 -34.1 33.3 -40.0
Midwest 210 158 187 200 32.9 -15.5 5.0
South 596 569 657 617 4.7 -13.4 -3.4
West 335 351 337 303 -4.6 4.2 10.6
Housing starts (unadj) 107.3 106.9 113.8 109.6 0.4 -6.1 -2.1
Building permits 1263 1270 1249 1343 -0.6 1.7 -6.0
Single-family 849 854 827 854 -0.6 3.3 -0.6
1-fam % of total 67.2 67.2 66.2 63.6 -- -- --
Total multi-family* 414 416 422 489 -0.5 -1.4 -15.3
multi-fam % of total 32.8 32.8 33.8 36.4 -- -- --
Northeast 115 95 102 121 21.1 -6.9 -5.0
Midwest 187 171 190 197 9.4 -10.0 -5.1
South 648 664 650 647 -2.4 2.2 0.2
West 313 340 307 378 -7.9 10.7 -17.2
Building permits (unadj) 112.5 99.4 116.9 116.3 13.2 -15.0 -3.3
Completions 1111 1149 1230 1188 -3.3 -6.6 -6.5
Single-family 832 842 939 798 -1.2 -10.3 4.3
1-fam % of total 74.9 73.3 76.3 67.2 -- -- --
Total multi-family* 279 307 291 390 -9.1 5.5 -28.5
multi-fam % of total 25.1 26.7 23.7 32.8 -- -- --
Completions (unadj) 99.9 100.7 113.9 106.9 -0.8 -11.6 -6.5
Homes Not Started 170 168 167 154 1.2 0.6 10.4
Homes Under Construction 1137 1131 1125 1097 0.5 0.5 3.6
** 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.