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
  2019 (Mar) 2019 (Feb) Percent Change (Month) 2018 (Mar) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.139 1.142 -0.3% 1.336-14.7%
Permits1.269 1.291 -1.7% 1.377-7.8%
TOTAL Single Family
Starts0.785 0.788 -0.4% 0.893-12.1%
Permits0.808 0.817 -1.1% 0.851-5.1%
TOTAL Multi-Family (2+ units)
Starts0.354 0.354 0% 0.443-20.1%
Permits0.461 0.474 -2.7% 0.526-12.4%
Table 2: US Starts & Permits By Region
  2019 (Mar) 2019 (Feb) Percent Change (Month) 2018 (Mar) Percent Change (Year)
Northeast
Starts0.860 0.900 -4.4% 0.124593.5%
Permits0.122 0.135 -9.6% 0.135-9.6%
Midwest
Starts0.131 0.159 -17.6% 0.196-33.2%
Permits0.185 0.192 -3.6% 0.203-8.9%
South
Starts0.604 0.651 -7.2% 0.623-3%
Permits0.644 0.675 -4.6% 0.652-1.2%
West
Starts0.318 0.242 31.4% 0.393-19.1%
Permits0.318 0.289 10% 0.387-17.8%

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)
  2019 (Mar) 2019 (Feb) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.1925 0.1663 15.8%
Urban
Total Starts0.1780 0.1522 17%
Single Family0.0421 0.0376 12.1%
Multi Family0.1359 0.1146 18.6%
Rural
Total Starts0.0145 0.0141 2.7%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2019 (Mar) 2019 (Feb) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0058 0.0046 26.8%
Quebec
Starts0.0563 0.0334 68.5%
Ontario
Starts0.0589 0.0537 9.6%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0245 0.0243 0.8%
British Columbia
Starts0.0325 0.0361 -10.1%