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April 19, 2019 12:30 GMT
US Data: New Residential Construction - Summary>
Release for: March 2019
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Mar-19 Feb-19 Jan-19 Mar-18 Mar-19 Feb-19 y/y:
Housing starts 1139 1142 1298 1327 -0.3 -12.0 -14.2
(previous) -- 1162 1273 -- -- -- --
Single-family 785 788 973 882 -0.4 -19.0 -11.0
1-fam % of total 68.9 69.0 75.0 66.5 -- -- --
Total multi-family* 354 354 325 445 0.0 8.9 -20.4
multi-fam % of total 31.1 31.0 25.0 33.5 -- -- --
Northeast 86 90 146 120 -4.4 -38.4 -28.3
Midwest 131 159 142 182 -17.6 12.0 -28.0
South 604 651 715 630 -7.2 -9.0 -4.1
West 318 242 295 395 31.4 -18.0 -19.5
Housing starts (unadj) 93.3 80.2 87.0 107.2 16.3 -7.8 -13.0
Building permits 1269 1291 1317 1377 -1.7 -2.0 -7.8
Single-family 808 817 821 851 -1.1 -0.5 -5.1
1-fam % of total 63.7 63.3 62.3 61.8 -- -- --
Total multi-family* 461 474 496 526 -2.7 -4.4 -12.4
multi-fam % of total 36.3 36.7 37.7 38.2 -- -- --
Northeast 122 135 135 135 -9.6 0.0 -9.6
Midwest 185 192 186 203 -3.6 3.2 -8.9
South 644 675 657 652 -4.6 2.7 -1.2
West 318 289 339 387 10.0 -14.7 -17.8
Building permits (unadj) 103.9 89.7 94.4 117.6 15.8 -5.0 -11.6
Completions 1313 1338 1255 1229 -1.9 6.6 6.8
Single-family 938 838 917 862 11.9 -8.6 8.8
1-fam % of total 71.4 62.6 73.1 70.1 -- -- --
Total multi-family* 375 500 338 367 -25.0 47.9 2.2
multi-fam % of total 28.6 37.4 26.9 29.9 -- -- --
Completions (unadj) 103.1 92.4 87.2 94.9 11.6 6.0 8.6
Homes Not Started 197 197 197 160 0.0 0.0 23.1
Homes Under Construction 1126 1144 1161 1125 -1.6 -1.5 0.1
** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
To read the full story
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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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