Housing Starts

U.S. Economic Indicators

On June 2017 Total housing units starts were at seasonally adjusted annual rate of 1,215,000 units, an increase of 123,000 units or 11.26 % from 1,092,000 units May 2017 and an increase of 1.67 % from 1,195,000 units June 2016.

• More on Housing starts

	*M/M*	*Y/Y*
• Northeast	81.61%	39.82 %
• Midwest	22.02%	7.89 %
• South	1.33%	-9.51%
• West	2.57%	5.28 %
• Single-family	6.93%	11.27 %
• 2 - 4 units	-50.00%	-61.11%
• 5 or more units	26.41%	-13.29%

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Total housing units authorized at seasonally adjusted annual rate of 1,254,000 units, an increase of 86,000 units or 7.36 % from 1,168,000 units May 2017 and an increase from 1,153,000 units June 2016.

• Building Permits

Permits By Region

In Northeast housing units were authorized at seasonally adjusted annual rate of 105,000 units, an decrease of 19,000 units, or -15.32 % from 124,000 units May 2017 and an decrease of -2.78 % from 108,000 units June 2016.

In Midwest housing units were authorized at seasonally adjusted annual rate of 207,000 units, an increase of 33,000 units, or 18.97 % from 174,000 units May 2017 and an increase of 20.35 % from 172,000 units June 2016.

In West housing units were authorized at seasonally adjusted annual rate of 323,000 units, an increase of 30,000 units, or 10.24 % from 293,000 units May 2017 and an increase of 12.15 % from 288,000 units June 2016.

In South housing units were authorized at seasonally adjusted annual rate of 619,000 units, an increase of 42,000 units, or 7.28 % from 577,000 units May 2017 and an increase of 5.81 % from 585,000 units June 2016.

• More on NSA Permits

Source U.S. Department of Commerce

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