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
  2018 (Jun) 2018 (May) Percent Change (Month) 2017 (Jun) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.173 1.337 -12.3% 1.213-3.3%
Permits1.273 1.301 -2.2% 1.275-0.2%
TOTAL Single Family
Starts0.858 0.944 -9.1% 0.860-0.2%
Permits0.850 0.843 0.8% 0.8114.8%
TOTAL Multi-Family (2+ units)
Starts0.315 0.393 -19.8% 0.353-10.8%
Permits0.423 0.458 -7.6% 0.464-8.8%
Table 2: US Starts & Permits By Region
  2018 (Jun) 2018 (May) Percent Change (Month) 2017 (Jun) Percent Change (Year)
Northeast
Starts0.096 0.103 -6.8% 0.153-37.3%
Permits0.112 0.134 -16.4% 0.1047.7%
Midwest
Starts0.156 0.243 -35.8% 0.211-26.1%
Permits0.170 0.209 -18.7% 0.207-17.9%
South
Starts0.601 0.661 -9.1% 0.52913.6%
Permits0.664 0.625 6.2% 0.6226.8%
West
Starts0.320 0.330 -3% 0.3200%
Permits0.327 0.333 -1.8% 0.342-4.4%

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)
  2018 (Jun) 2018 (May) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.2481 0.1939 28%
Urban
Total Starts0.2288 0.1761 29.9%
Single Family0.0560 0.0580 -3.5%
Multi Family0.1728 0.1181 46.4%
Rural
Total Starts0.0193 0.0178 8.6%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2018 (Jun) 2018 (May) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0097 0.0059 62.9%
Quebec
Starts0.0510 0.0338 50.9%
Ontario
Starts0.1008 0.0523 92.6%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0331 0.0435 -23.9%
British Columbia
Starts0.0343 0.0406 -15.5%