Source:
U.S. Census Bureau
Source:
U.S. Department of Housing and Urban Development
Release:
New Residential Construction
Units:
Thousands of Units, Seasonally Adjusted Annual Rate
Frequency:
Monthly
Notes:
As provided by the Census, start occurs when excavation begins for the footings or foundation of a building. All housing units in a multifamily building are defined as being started when this excavation begins. Beginning with data for September 1992, estimates of housing starts include units in structures being totally rebuilt on an existing foundation.
Suggested Citation:
U.S. Census Bureau and U.S. Department of Housing and Urban Development,
Housing Starts: Total: New Privately Owned Housing Units Started [HOUST],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/HOUST,
February 28, 2021.