US housing starts jumped 1.2% month-over-month to a seasonally adjusted annual rate of 1.547 million in November of 2020, beating market forecasts of 1.53 million. It is a new high reading since February. Single-family housing starts edged up 0.4 percent to 1.186 million and units in buildings with five units or more jumped 8 percent to 352,000. Housing starts surged 58.8 percent to 135,000 in the Northeast and 8.2 percent to 407 thousand in the West. In contrast, housing starts fell 4.9 percent to 196 thousand in the Midwest and 6 percent to 809 thousand in the South. source: U.S. Census Bureau
Housing Starts in the United States averaged 1428.61 Thousand units from 1959 until 2020, reaching an all time high of 2494 Thousand units in January of 1972 and a record low of 478 Thousand units in April of 2009. This page provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Housing Starts - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Housing Starts in the United States is expected to be 1460.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in the United States to stand at 1450.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1170.00 Thousand units in 2021 and 1270.00 Thousand units in 2022, according to our econometric models.