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
  2017 (Oct) 2017 (Sep) Percent Change (Month) 2016 (Oct) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.290 1.135 13.7% 1.340-3.7%
Permits1.297 1.225 5.9% 1.2602.9%
TOTAL Single Family
Starts0.877 0.833 5.3% 0.8631.6%
Permits0.839 0.823 1.9% 0.7748.4%
TOTAL Multi-Family (2+ units)
Starts0.413 0.302 36.8% 0.477-13.4%
Permits0.458 0.402 13.9% 0.486-5.8%
Table 2: US Starts & Permits By Region
  2017 (Oct) 2017 (Sep) Percent Change (Month) 2016 (Oct) Percent Change (Year)
Northeast
Starts0.145 0.102 42.2% 0.167-13.2%
Permits0.126 0.121 4.1% 0.10717.8%
Midwest
Starts0.212 0.179 18.4% 0.2043.9%
Permits0.192 0.185 3.8% 0.206-6.8%
South
Starts0.621 0.530 17.2% 0.625-0.6%
Permits0.613 0.595 3% 0.6021.8%
West
Starts0.312 0.324 -3.7% 0.344-9.3%
Permits0.366 0.324 13% 0.3456.1%

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)
  2017 (Oct) 2017 (Sep) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.2228 0.2193 1.6%
Urban
Total Starts0.2059 0.2010 2.5%
Single Family0.0563 0.0680 -17.1%
Multi Family0.1496 0.1330 12.5%
Rural
Total Starts0.0168 0.0183 -8.2%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2017 (Oct) 2017 (Sep) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0072 0.0099 -27.7%
Quebec
Starts0.0502 0.0418 20.3%
Ontario
Starts0.0576 0.0759 -24.2%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0372 0.0359 3.6%
British Columbia
Starts0.0538 0.0374 43.7%