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 (May) 2020 (Apr) Percent Change (Month) 2019 (May) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts0.974 0.934 4.3% 1.265-23%
Permits1.220 1.066 14.4% 1.299-6.1%
TOTAL Single Family
Starts0.675 0.674 0.1% 0.818-17.5%
Permits0.745 0.666 11.9% 0.810-8%
TOTAL Multi-Family (2+ units)
Starts0.299 0.260 15% 0.447-33.1%
Permits0.475 0.400 18.8% 0.489-2.9%
Table 2: US Starts & Permits By Region
  2020 (May) 2020 (Apr) Percent Change (Month) 2019 (May) Percent Change (Year)
Northeast
Starts0.053 0.047 12.8% 0.083-36.1%
Permits0.111 0.061 82% 0.09615.6%
Midwest
Starts0.133 0.135 -1.5% 0.155-14.2%
Permits0.167 0.141 18.4% 0.173-3.5%
South
Starts0.479 0.570 -16% 0.699-31.5%
Permits0.659 0.612 7.7% 0.690-4.5%
West
Starts0.309 0.182 69.8% 0.328-5.8%
Permits0.283 0.252 12.3% 0.340-16.8%

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 (May) 2020 (Apr) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.1935 0.1665 16.2%
Urban
Total Starts0.1811 0.1592 13.8%
Single Family0.0453 0.0382 18.6%
Multi Family0.1359 0.1210 12.3%
Rural
Total Starts0.0123 0.0073 68.6%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2020 (May) 2020 (Apr) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0080 0.0056 42.7%
Quebec
Starts0.0563 0.0000 N/A
Ontario
Starts0.0536 0.0936 -42.7%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0241 0.0323 -25.1%
British Columbia
Starts0.0362 0.0277 30.6%