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Free AccessUS Data: New Residential Construction - Summary>
Release for: September 2019
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
yr-ago % chg mo/mo: % chg
Sep-19 Aug-19 Jul-19 Sep-18 Sep-19 Aug-19 y/y:
Housing starts 1256 1386 1204 1236 -9.4 15.1 1.6
(previous) -- 1364 1215 -- -- -- --
Single-family 918 915 871 880 0.3 5.1 4.3
1-fam % of total 73.1 66.0 72.3 71.2 -- -- --
Total multi-family* 338 471 333 356 -28.2 41.4 -5.1
multi-fam % of total 26.9 34.0 27.7 28.8 -- -- --
Northeast 109 166 96 140 -34.3 72.9 -22.1
Midwest 167 206 173 171 -18.9 19.1 -2.3
South 676 704 618 570 -4.0 13.9 18.6
West 304 310 317 355 -1.9 -2.2 -14.4
Housing starts (unadj) 112.9 122.2 114.2 109.7 -7.6 7.0 2.9
Building permits 1387 1425 1317 1288 -2.7 8.2 7.7
Single-family 882 875 829 858 0.8 5.5 2.8
1-fam % of total 63.6 61.4 62.9 66.6 -- -- --
Total multi-family* 505 550 488 430 -8.2 12.7 17.4
multi-fam % of total 36.4 38.6 37.1 33.4 -- -- --
Northeast 113 152 119 101 -25.7 27.7 11.9
Midwest 176 187 165 172 -5.9 13.3 2.3
South 732 754 674 678 -2.9 11.9 8.0
West 366 332 359 337 10.2 -7.5 8.6
Building permits (unadj) 114.3 127.8 118.8 100.4 -10.6 7.6 13.8
Completions 1139 1262 1245 1150 -9.7 1.4 -1.0
Single-family 852 932 904 837 -8.6 3.1 1.8
1-fam % of total 74.8 73.9 72.6 72.8 -- -- --
Total multi-family* 287 330 341 313 -13.0 -3.2 -8.3
multi-fam % of total 25.2 26.1 27.4 27.2 -- -- --
Completions (unadj) 97.1 118.2 108.5 100.9 -17.9 8.9 -3.8
Homes Not Started 168 165 167 168 1.8 -1.2 0.0
Homes Under Construction 1157 1149 1138 1132 0.7 1.0 2.2
** 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.