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Past Release · Housing Starts

September 2024 Housing Starts Report

Sunday, September 1, 2024

Housing Starts printed at 1,357, a -2.44% move from the prior reading of 1,391.

Headline Reading
Housing Starts
1,357
Sep 1
Prior
1,391
Absolute
34
Percent
-2.44%

What to Watch For

  • Housing starts annualized rate
  • Building permits, leading indicator
  • Single-family vs multi-family split
  • Regional distribution
  • Mortgage rate context

Expected Market Reaction

Weak starts with falling permits: homebuilders down, rates down (transmission signal). Strong starts: homebuilders up, copper/lumber up.

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