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US Data: New Residential Construction - Summary> 

Release for: May 2019
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
                                             yr-ago % chg mo/mo:   % chg
                         May-19 Apr-19 Mar-19 May-18 May-19 Apr-19  y/y:
Housing starts             1269   1281   1199   1332   -0.9    6.8   -4.7
  (previous)                --    1235   1168    --     --     --     --
  Single-family             820    876    833    937   -6.4    5.2  -12.5
    1-fam % of total       64.6   68.4   69.5   70.3    --     --     --
  Total multi-family*       449    405    366    395   10.9   10.7   13.7
    multi-fam % of total   35.4   31.6   30.5   29.7    --     --     --
  Northeast                  73    134     83    108  -45.5   61.4  -32.4
  Midwest                   160    174    132    239   -8.0   31.8  -33.1
  South                     704    633    655    651   11.2   -3.4    8.1
  West                      332    340    329    334   -2.4    3.3   -0.6
Housing starts (unadj)    118.7  117.9   98.2  123.7    0.7   20.1   -4.0
Building permits           1294   1290   1288   1301    0.3    0.2   -0.5
  Single-family             815    786    816    843    3.7   -3.7   -3.3
    1-fam % of total       63.0   60.9   63.4   64.8    --     --     --
  Total multi-family*       479    504    472    458   -5.0    6.8    4.6
    multi-fam % of total   37.0   39.1   36.6   35.2    --     --     --
  Northeast                  92    122    125    134  -24.6   -2.4  -31.3
  Midwest                   174    190    184    209   -8.4    3.3  -16.7
  South                     693    649    657    625    6.8   -1.2   10.9
  West                      335    329    322    333    1.8    2.2    0.6
Building permits (unadj)  124.0  118.7  105.7  125.0    4.5   12.3   -0.8
Completions                1213   1340   1348   1248   -9.5   -0.6   -2.8
  Single-family             890    937    961    876   -5.0   -2.5    1.6
    1-fam % of total       73.4   69.9   71.3   70.2    --     --     --
  Total multi-family*       323    403    387    372  -19.9    4.1  -13.2
    multi-fam % of total   26.6   30.1   28.7   29.8    --     --     --
Completions (unadj)       101.4  104.1  104.9  105.7   -2.6   -0.8   -4.1
Homes Not Started           177    179    181    160   -1.1   -1.1   10.6
Homes Under Construction   1131   1131   1131   1128    0.0    0.0    0.3
  ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
USData StoriesImpactDataData Tabledata-HeadlineHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
USData StoriesImpactDataData Tabledata-HeadlineHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
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