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 (Nov) 2018 (Oct) Percent Change (Month) 2017 (Nov) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.256 1.217 3.2% 1.299-3.3%
Permits1.328 1.265 5% 1.3031.9%
TOTAL Single Family
Starts0.824 0.864 -4.6% 0.948-13.1%
Permits0.848 0.847 0.1% 0.865-2%
TOTAL Multi-Family (2+ units)
Starts0.432 0.353 22.4% 0.35123.1%
Permits0.480 0.418 14.8% 0.4389.6%
Table 2: US Starts & Permits By Region
  2018 (Nov) 2018 (Oct) Percent Change (Month) 2017 (Nov) Percent Change (Year)
Northeast
Starts0.124 0.090 37.8% 0.09234.8%
Permits0.120 0.120 0% 0.1145.3%
Midwest
Starts0.156 0.193 -19.2% 0.182-14.3%
Permits0.177 0.186 -4.8% 0.183-3.3%
South
Starts0.687 0.597 15.1% 0.6781.3%
Permits0.708 0.641 10.5% 0.6518.8%
West
Starts0.289 0.337 -14.2% 0.347-16.7%
Permits0.323 0.318 1.6% 0.355-9%

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 (Nov) 2018 (Oct) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.2159 0.2068 4.4%
Urban
Total Starts0.2021 0.1927 4.9%
Single Family0.0505 0.0468 7.8%
Multi Family0.1516 0.1459 3.9%
Rural
Total Starts0.0139 0.0140 -1.1%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2018 (Nov) 2018 (Oct) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0079 0.0054 46.8%
Quebec
Starts0.0433 0.0434 -0.3%
Ontario
Starts0.0788 0.0858 -8.1%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0353 0.0280 25.8%
British Columbia
Starts0.0368 0.0301 22.3%