Housing starts in the US rose 5.7% month-over-month to an annualized rate of 1.36 million in April 2024, reversing from a downwardly revised 1.287 million level in March. Figures came once again below forecasts of 1.42 million, as high rates and home prices continue to weigh on home builders. Single-family housing starts moved down 0.4% to 1.031 million, but the rate for units in buildings with five units surged 31.4% to 322 thousand. Starts rose in the Midwest (19.1% to 181 thousand), and the South (10.1% to 799 thousand) but fell in the Northeast (-22.6% to 72 thousand) and the West (-2.5% to 308 thousand). source: U.S. Census Bureau
Housing Starts in the United States increased to 1360 Thousand units in April from 1287 Thousand units in March of 2024. Housing Starts in the United States averaged 1433.06 Thousand units from 1959 until 2024, reaching an all time high of 2494.00 Thousand units in January of 1972 and a record low of 478.00 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 June of 2024.
Housing Starts in the United States increased to 1360 Thousand units in April from 1287 Thousand units in March of 2024. Housing Starts in the United States is expected to be 1500.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Housing Starts is projected to trend around 1400.00 Thousand units in 2025, according to our econometric models.