US housing starts jumped 6.3% mom to a seasonally adjusted annual rate of 1.643 million in June of 2021, the highest in 3 months and above forecasts of 1.59 million, amid strong demand from buyers, elevated materials costs and shortage of qualified workers. Single-family starts were up 6.3% to 1.16 million and those for buildings with five units or more grew by 6.8% to 0.474 million. Starts were up in the West (12.6%) and the South (9.7%) but fell in the Midwest (-7.5%) and the Northeast (-9%). source: U.S. Census Bureau
Housing Starts in the United States averaged 1430.18 Thousand units from 1959 until 2021, 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 July of 2021.
Housing Starts in the United States is expected to be 1450.00 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 1300.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1270.00 Thousand units in 2022, according to our econometric models.