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Free AccessUS Data: New Residential Construction - Summary>
Release for: April 2019
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Apr-19 Mar-19 Feb-19 Apr-18 Apr-19 Mar-19 y/y:
Housing starts 1235 1168 1149 1267 5.7 1.7 -2.5
(previous) -- 1139 1142 -- -- -- --
Single-family 854 804 792 892 6.2 1.5 -4.3
1-fam % of total 69.1 68.8 68.9 70.4 -- -- --
Total multi-family* 381 364 357 375 4.7 2.0 1.6
multi-fam % of total 30.9 31.2 31.1 29.6 -- -- --
Northeast 144 78 89 97 84.6 -12.4 48.5
Midwest 186 131 159 159 42.0 -17.6 17.0
South 581 616 650 662 -5.7 -5.2 -12.2
West 324 343 251 349 -5.5 36.7 -7.2
Housing starts (unadj) 114.1 95.8 80.0 117.5 19.1 19.8 -2.9
Building permits 1296 1288 1291 1364 0.6 -0.2 -5.0
Single-family 782 816 817 863 -4.2 -0.1 -9.4
1-fam % of total 60.3 63.4 63.3 63.3 -- -- --
Total multi-family* 514 472 474 501 8.9 -0.4 2.6
multi-fam % of total 39.7 36.6 36.7 36.7 -- -- --
Northeast 120 125 135 95 -4.0 -7.4 26.3
Midwest 188 184 192 195 2.2 -4.2 -3.6
South 649 657 675 727 -1.2 -2.7 -10.7
West 339 322 289 347 5.3 11.4 -2.3
Building permits (unadj) 119.3 105.7 89.7 119.9 12.9 17.8 -0.5
Completions 1312 1331 1332 1244 -1.4 -0.1 5.5
Single-family 918 957 839 787 -4.1 14.1 16.6
1-fam % of total 70.0 71.9 63.0 63.3 -- -- --
Total multi-family* 394 374 493 457 5.3 -24.1 -13.8
multi-fam % of total 30.0 28.1 37.0 36.7 -- -- --
Completions (unadj) 100.8 103.0 92.1 94.7 -2.1 11.8 6.4
Homes Not Started 194 189 190 163 2.6 -0.5 19.0
Homes Under Construction 1121 1131 1150 1125 -0.9 -1.7 -0.4
** 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.