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 (Sep) 2018 (Aug) Percent Change (Month) 2017 (Sep) Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts1.201 1.268 -5.3% 1.1355.8%
Permits1.241 1.249 -0.6% 1.2251.3%
TOTAL Single Family
Starts0.871 0.879 -0.9% 0.8334.6%
Permits0.851 0.827 2.9% 0.8233.4%
TOTAL Multi-Family (2+ units)
Starts0.330 0.389 -15.2% 0.3029.3%
Permits0.390 0.422 -7.6% 0.402-3%
Table 2: US Starts & Permits By Region
  2018 (Sep) 2018 (Aug) Percent Change (Month) 2017 (Sep) Percent Change (Year)
Northeast
Starts0.120 0.093 29% 0.10217.6%
Permits0.092 0.102 -9.8% 0.121-24%
Midwest
Starts0.160 0.186 -14% 0.179-10.6%
Permits0.154 0.190 -18.9% 0.185-16.8%
South
Starts0.567 0.657 -13.7% 0.5307%
Permits0.654 0.650 0.6% 0.5959.9%
West
Starts0.354 0.332 6.6% 0.3249.3%
Permits0.341 0.307 11.1% 0.3245.2%

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 (Sep) 2018 (Aug) Revised Percent Change (Month)
Total Canadian Starts
Total Starts0.1887 0.1988 -5.1%
Urban
Total Starts0.1757 0.1867 -5.9%
Single Family0.0530 0.0520 2%
Multi Family0.1227 0.1347 -8.9%
Rural
Total Starts0.0130 0.0122 7.2%
Table 4: Canadian Starts by Region (Single Family + Multi Family)
  2018 (Sep) 2018 (Aug) Revised Percent Change (Month)
Atlantic Provinces
(Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts0.0095 0.0075 26.7%
Quebec
Starts0.0330 0.0286 15.4%
Ontario
Starts0.0752 0.0620 21.3%
Prairie Provinces
(Manitoba, Saskatchewan, Alberta)
Starts0.0323 0.0434 -25.6%
British Columbia
Starts0.0256 0.0452 -43.3%