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Free AccessUS Data: New Residential Construction - Summary>
Release for: November 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Nov-18 Oct-18 Sep-18 Nov-17 Nov-18 Oct-18 y/y:
Housing starts 1256 1217 1237 1303 3.2 -1.6 -3.6
(previous) -- 1228 1210 -- -- -- --
Single-family 824 864 879 948 -4.6 -1.7 -13.1
1-fam % of total 65.6 71.0 71.1 72.8 -- -- --
Total multi-family* 432 353 358 355 22.4 -1.4 21.7
multi-fam % of total 34.4 29.0 28.9 27.2 -- -- --
Northeast 124 90 141 93 37.8 -36.2 33.3
Midwest 156 193 171 178 -19.2 12.9 -12.4
South 687 597 568 678 15.1 5.1 1.3
West 289 337 357 354 -14.2 -5.6 -18.4
Housing starts (unadj) 95.9 106.1 109.7 97.9 -9.6 -3.3 -2.0
Building permits 1328 1265 1270 1323 5.0 -0.4 0.4
Single-family 848 847 854 864 0.1 -0.8 -1.9
1-fam % of total 63.9 67.0 67.2 65.3 -- -- --
Total multi-family* 480 418 416 459 14.8 0.5 4.6
multi-fam % of total 36.1 33.0 32.8 34.7 -- -- --
Northeast 120 120 95 113 0.0 26.3 6.2
Midwest 177 186 171 187 -4.8 8.8 -5.3
South 708 641 664 660 10.5 -3.5 7.3
West 323 318 340 363 1.6 -6.5 -11.0
Building permits (unadj) 101.7 112.6 99.4 98.8 -9.7 13.3 2.9
Completions 1099 1095 1148 1144 0.4 -4.6 -3.9
Single-family 772 816 835 781 -5.4 -2.3 -1.2
1-fam % of total 70.2 74.5 72.7 68.3 -- -- --
Total multi-family* 327 279 313 363 17.2 -10.9 -9.9
multi-fam % of total 29.8 25.5 27.3 31.7 -- -- --
Completions (unadj) 91.8 98.4 100.9 95.1 -6.7 -2.5 -3.5
Homes Not Started 177 171 168 152 3.5 1.8 16.4
Homes Under Construction 1148 1140 1132 1104 0.7 0.7 4.0
** 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.