This Month's Housing Starts Report


 


U.S. Housing Starts & Building Permits
In millions - Seasonally Adjusted Annual Rate (SAAR)

[Source: U.S. Dept of Commerce]
Table 1: US Starts & Permits
  2021 (Nov) 2021 (Oct) Percent Change (Month) 2020 (Nov) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.679 1.504 11.6% 1.5786.4%
Permits1.712 1.653 3.6% 1.6354.7%
TOTAL Single Family
Starts1.173 1.054 11.3% 1.195-1.8%
Permits1.103 1.074 2.7% 1.137-3%
TOTAL Multi-Family (2+ units)
Starts0.506 0.450 12.4% 0.38332.1%
Permits0.609 0.579 5.2% 0.49822.3%
Table 2: US Starts & Permits By Region
  2021 (Nov) 2021 (Oct) Percent Change (Month) 2020 (Nov) Percent Change (Year)
Northeast
Starts0.130 0.122 6.6% 0.164-20.7%
Permits0.145 0.129 12.4% 0.152-4.6%
Midwest
Starts0.204 0.226 -9.7% 0.1907.4%
Permits0.215 0.234 -8.1% 0.221-2.7%
South
Starts0.933 0.792 17.8% 0.81314.8%
Permits0.901 0.859 4.9% 0.8683.8%
West
Starts0.412 0.380 8.4% 0.4110.2%
Permits0.451 0.431 4.6% 0.39414.5%

Canadian Housing Starts
In millions - Seasonally Adjusted Annual Rate (SAAR)

[Source: Canada Mortgage and Housing Corp. (CMHC)]
Table 3: Canadian Starts (Single Family + Multi Family)
  2021 (Nov) 2021 (Oct) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.3013 0.2384 26.4%
Urban
Total Starts0.2794 0.2163 29.2%
Single Family0.0582 0.0589 -1.2%
Multi Family0.2212 0.1574 40.5%
Rural
Total Starts0.0219 0.0221 -0.9%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2021 (Nov) 2021 (Oct) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0128 0.0141 -8.7%
Quebec
Starts0.0590 0.0525 12.4%
Ontario
Starts0.1236 0.0765 61.6%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0483 0.0408 18.4%
British Columbia
Starts0.0357 0.0324 9.9%