2018 Economic Calendar
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Housing Starts  
Released On 6/19/2018 8:30:00 AM For May, 2018
PriorConsensusConsensus Range
Starts - Level - SAAR1.287 M1.320 M1.270 M to 1.350 M
Permits - Level - SAAR1.352 M1.350 M1.325 M to 1.385 M

Consensus Outlook
A jump higher for housing starts and a steady showing for building permits are the expectations for May, at a 1.320 million annualized rate for starts, compared to 1.287 million in April, and 1.350 million for permits vs April's 1.352 million. Results in this report have been flat in recent months though the underlying trends are solidly positive with starts up 10.5 percent year-on-year and permits up 7.7 percent.

Definition
A housing start is registered at the start of construction of a new building intended primarily as a residential building. The start of construction is defined as the beginning of excavation of the foundation for the building.  Why Investors Care
 
[Chart]
Monthly figures are often volatile housing starts fluctuate more than many indicators. It takes several months for total housing starts to establish a trend. Consequently, we have depicted total starts relative to a five month moving average.
Data Source: Haver Analytics
 
 

2018 Release Schedule
Released On: 1/182/163/164/175/166/197/188/169/1910/1711/2012/18
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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