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Housing Starts

AnalyticsTrade Team
AnalyticsTrade Team Last updated on 26 Apr 2023

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Housing Starts

Housing starts refer to the number of new residential construction projects that have begun during a certain period of time. This is an important indicator of the health of the housing market and the overall economy. Housing starts are typically reported on a monthly basis by the U.S. Census Bureau and other government agencies. The data is used to gauge the strength of the housing market and to make predictions about future economic activity.

History of Housing Starts

Housing starts have been tracked since the early 20th century, when the U.S. Census Bureau began collecting data on new residential construction projects. The data was used to measure the health of the housing market and to make predictions about future economic activity. Over the years, the data has become an important indicator of the overall health of the economy.

The housing market is closely tied to the overall economy, and housing starts are a key indicator of economic activity. When housing starts are up, it usually indicates that the economy is doing well. Conversely, when housing starts are down, it usually indicates that the economy is struggling.

Table of Comparisons

Year Housing Starts (in millions)
2020 1.4
2019 1.3
2018 1.2
2017 1.1
2016 1.0

Summary

Housing starts are an important indicator of the health of the housing market and the overall economy. The data is used to gauge the strength of the housing market and to make predictions about future economic activity. When housing starts are up, it usually indicates that the economy is doing well. Conversely, when housing starts are down, it usually indicates that the economy is struggling. For more information about housing starts, visit the U.S. Census Bureau website or the National Association of Home Builders website.

See Also

  • Housing Permits
  • Housing Prices
  • Mortgage Rates
  • Home Sales
  • Building Permits
  • Construction Spending
  • Housing Affordability
  • Housing Inventory
  • Housing Market Index
  • Housing Starts

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