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
  2020 (Aug) 2020 (Jul) Percent Change (Month) 2019 (Aug) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.416 1.492 -5.1% 1.3862.2%
Permits1.470 1.483 -0.9% 1.4253.2%
TOTAL Single Family
Starts1.021 0.981 4.1% 0.91511.6%
Permits1.036 0.977 6% 0.87518.4%
TOTAL Multi-Family (2+ units)
Starts0.395 0.511 -22.7% 0.471-16.1%
Permits0.434 0.506 -14.2% 0.550-21.1%
Table 2: US Starts & Permits By Region
  2020 (Aug) 2020 (Jul) Percent Change (Month) 2019 (Aug) Percent Change (Year)
Northeast
Starts0.089 0.133 -33.1% 0.166-46.4%
Permits0.119 0.137 -13.1% 0.152-21.7%
Midwest
Starts0.267 0.208 28.4% 0.20629.6%
Permits0.188 0.224 -16.1% 0.1870.5%
South
Starts0.699 0.849 -17.7% 0.704-0.7%
Permits0.795 0.750 6% 0.7545.4%
West
Starts0.361 0.302 19.5% 0.31016.5%
Permits0.368 0.372 -1.1% 0.33210.8%

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)
  2020 (Aug) 2020 (Jul) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.2624 0.2455 6.9%
Urban
Total Starts0.2482 0.2318 7.1%
Single Family0.0469 0.0474 -1%
Multi Family0.2012 0.1844 9.1%
Rural
Total Starts0.0142 0.0137 4.2%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2020 (Aug) 2020 (Jul) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0097 0.0150 -35%
Quebec
Starts0.0566 0.0581 -2.6%
Ontario
Starts0.1131 0.0826 36.9%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0262 0.0361 -27.5%
British Columbia
Starts0.0426 0.0401 6.3%