Housing Starts

U.S. Economic Indicators

On July 2017 Total housing units starts were at seasonally adjusted annual rate of 1,155,000 units, an decrease of 58,000 units or -4.78 % from 1,213,000 units June 2017 and an decrease of -5.17 % from 1,218,000 units July 2016.

• More on Housing starts

	*M/M*	*Y/Y*
• Northeast	-15.69%	-3.73%
• Midwest	-15.17%	14.01 %
• South	0.57%	-16.22%
• West	-1.56%	7.88 %
• Single-family	-0.47%	11.31 %
• 2 - 4 units	71.43%	71.43 %
• 5 or more units	-17.05%	-35.07%

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Total housing units authorized at seasonally adjusted annual rate of 1,223,000 units, an decrease of 52,000 units or -4.08 % from 1,275,000 units June 2017 and an increase from 1,144,000 units July 2016.

• Building Permits

Permits By Region

In Northeast housing units were authorized at seasonally adjusted annual rate of 124,000 units, an increase of 20,000 units, or 19.23 % from 104,000 units June 2017 and an increase of 26.53 % from 98,000 units July 2016.

In Midwest housing units were authorized at seasonally adjusted annual rate of 171,000 units, an decrease of 36,000 units, or -17.39 % from 207,000 units June 2017 and an decrease of -9.52 % from 189,000 units July 2016.

In West housing units were authorized at seasonally adjusted annual rate of 315,000 units, an decrease of 27,000 units, or -7.89 % from 342,000 units June 2017 and an increase of 16.67 % from 270,000 units July 2016.

In South housing units were authorized at seasonally adjusted annual rate of 613,000 units, an decrease of 9,000 units, or -1.45 % from 622,000 units June 2017 and an increase of 4.43 % from 587,000 units July 2016.

• More on NSA Permits

Source U.S. Department of Commerce

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