.
Commentary  26670
December, 2017 Data:

The forecast for Housing Starts is in the table at the top of this page. All
Housing Starts Data presented herein refers to the Seasonally Adjusted Annual
Rate. Forecast-Chart.com is forecasting that Housing Starts will be roughly
1121 thousand units next January. The table shows a HDTFA of 244 thousand
units which suggests that housing starts in January, 2019 could easily fall
between 1364 thousand units and 877 thousand units. Links to Forecasts for
many other economic indicators may be found by clicking the Economic
Forecast link at the top of this page.

Annual Housing Starts
Last Month                                         1192
Last Year . . . . . . . . . . . . . . . . . . . . . 1202
Last 5 Years                                      1082
Last 10 Years . . . . . . . . . . . . . . . .  883
Last 20 Years                                  1301

Housing Starts (Annual Rates): Highs & Lows
High (Last 12 Months)                       1299   (November, 2017)
Low (Last 12 Months)                        1127   (September, 2017)
High (Since January, 1959)             2494   (January, 1972)
Low (Since January, 1959)                478   (April, 2009)

Housing Starts for December, 2017 were 1299 thousand units. That's 38
thousand units higher than the October, 2017 level which was 1261 thousand
units. It is 150 thousand units higher than the December, 2016 level of 1149
thousand units.  The rise in Housing Starts from October to December indicates
that the short term Housing Starts trend has been up. If that trend continues, we
should see a housing starts level in January, 2018 that is close to 1337
thousand units.

Over the last year housing starts have averaged 1209 thousand units
(seasonally adjusted annual rate). The average level over the last 10 years was
883 thousand units.  Higher Housing Starts over the last 12 months compared
to the average housing starts over the last 10 years serve as an indicator that
the long term trend in the Housing Starts is up. Expectations for housing starts
should be adjusted accordingly.

Forecast-Chart.com's historical research covers Housing Starts data back to
January, 1959. Average housing starts during that period of history was 1435
thousand units per month. The highest level was 2494 thousand units. The
lowest level was 478 thousand units.  The high was attained in January, of
1972. The low was achieved in April of 2009.

This page provides a five year chart and a forecast for Housing Starts. For links
to longer term charts, look at the links under the five year chart (above). One
link opens a ten year chart. Another opens our longest term graph on Housing
Starts. Just one glance at our long term charts can provide tremendous insight
into the historical trends of the financial markets. The data table above
presents the history of US Housing Starts in numerical format.


























Data Source: U.S. Bureau of the Census, Housing Starts: Total: New Privately
Owned Housing Units Started [HOUST], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/HOUST

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Monthly New US Privately Owned Housing Starts is plotted in gray. The forecast for the target month
is shown in green (seasonally adjusted annual rate). Other links related to this economic indicator
are below.
New US Privately Owned Housing Starts - 5 Year History
1500
1800
2100
1200
900
2400
600
300
0
US New Housing Starts Forecast
Historical New Housing Starts
Year
1000s
Year
1000s
Year
1000s
Year
1000s
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1535
1256
1312
1459
1588
1540
1469
1167
1285
1504
1487
1435
2036
2361
2044
1332
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1160
1535
1962
2001
1717
1300
1096
1057
1705
1766
1741
1812
1631
1488
1382
1203
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
1009
1201
1292
1446
1361
1469
1475
1621
1647
1573
1601
1710
1854
1950
2073
1812
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
1341
903
553
585
611
781
930
1001
1099
1177
Average Monthly New Housing Starts are shown in this table: 1959 to present
(seasonally adjusted annual rate)
US Housing Starts Analysis & Forecast
US Economic Forecasts
     
  Inflation Rate
Unemployment Rate
Housing Starts
 
     
  Crude Oil Price
Natural Gas Price
 
     
  GDP
National Debt
 
     
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
1/2020
1/21
New US Housing Starts Forecast
   
Target Month:
Forecast:
HDTFA:
December, 2018
1121
244
 
Forecast for New US Privately Owned Housing Starts for the target month
indicated. Measurement is in Thousands of Units (seasonally adjusted
annual rate). See Commentary below.