Housingmonthly
Housing Starts
New privately-owned housing units started, leading indicator of construction activity.
The Housing Starts is currently 1,487, last updated .
1,487
1W +7.21%1M +7.21%3M +7.21%
Updated 0m agoHousing is the most interest-rate-sensitive sector of the economy and often the first to roll over heading into a downturn. Mortgage rates feed directly into affordability and demand, while building permits signal future supply. Home price indexes like Case-Shiller capture the wealth effect that drives consumer confidence and spending.
No data available
Recent Data
| Date | Value | Change |
|---|---|---|
| Jan 1, 2026 | 1,487 | +7.21% |
| Dec 1, 2025 | 1,387 | +4.76% |
| Nov 1, 2025 | 1,324 | +4.09% |
| Oct 1, 2025 | 1,272 | -4.22% |
| Sep 1, 2025 | 1,328 | +2.87% |
| Aug 1, 2025 | 1,291 | -9.08% |
| Jul 1, 2025 | 1,420 | +2.75% |
| Jun 1, 2025 | 1,382 | +7.80% |
| May 1, 2025 | 1,282 | -8.30% |
| Apr 1, 2025 | 1,398 | — |
Related in Housing
Building Permits
New privately-owned building permits, leading indicator of future housing starts.
New Home Sales
Sales of new single-family houses, sensitive to mortgage rates and consumer confidence.
Case-Shiller Home Price Index
S&P CoreLogic Case-Shiller national home price index.
Months Supply of Houses
Months of unsold housing inventory, below 4 = seller's market, above 6 = buyer's market.
Explore Further
Forecast 2026
Housing Starts Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
Housing Starts vs Building Permits
Building permits are a leading indicator of future housing starts. When permits exceed starts, builders have a backlog a...
Comparison
30Y Mortgage Rate vs Housing Starts
Mortgage rates are the primary throttle on housing demand. When rates spike, affordability drops, applications fall, and...
Comparison
Months Supply of Homes vs Housing Starts
Months supply shows how long current inventory would last at current sales pace. When months supply falls while starts r...
Comparison
New Home Sales vs Housing Starts
Starts measure supply creation and sales measure demand absorption. When sales outpace starts, inventory is getting tigh...
Comparison
Housing Starts vs Homebuilders (XHB)
XHB equity prices lead starts by 6-12 months. When XHB rallies while starts remain weak, markets are pricing a recovery....
Comparison
Housing Starts vs Nonfarm Payrolls
Housing starts drive construction employment. When starts fall while payrolls grow, construction layoffs are offset by o...
Comparison
Housing Starts vs S&P 500
Housing starts have historically led major business cycles. When starts fall while SPY rallies (2022-2024), equities are...
Scenario
What Happens When 30Y Mortgage Rates Exceed 8%?
30Y mortgage rates above 8% freeze the housing market. What happens to home sales, builders, and housing affordability a...
Scenario
What Happens When Housing Starts Collapse?
What happens when housing starts collapse below 1.1M? Housing cycle bottom signals, construction employment impact, and ...
Category
All Housing Data
Housing starts, building permits, home prices, and mortgage rates. Track the housing sector that makes up a fifth of U.S...
Frequently Asked Questions
▶What is Housing Starts?
New privately-owned housing units started, leading indicator of construction activity.
▶How does Housing Starts relate to housing?
Housing Starts is part of the Housing category. Housing is the most interest-rate-sensitive sector of the economy and often the first to roll over heading into a downturn. Mortgage rates feed directly into affordability and demand, while building permits signal future supply. Home price indexes like Case-Shiller capture the wealth effect that drives consumer confidence and spending.
▶How often is Housing Starts updated?
Housing Starts is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Housing Starts data?
Convex sources Housing Starts data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Housing Starts chart page?
The Housing Starts page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.