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Housing starts in the US went up 3.2 percent month-over-month to an annualized 1.365 million units in November of 2019. It compares with an upwardly revised 1.323 million in the previous month and market expectations of 1.345 million. This is 13.6 percent above the November 2018 rate of 1,202,000. Single-family housing starts in November were at a rate of 938,000; this is 2.4 percent above the revised October figure of 916,000. The November rate for units in buildings with five units or more was 404,000. The housing market has been boosted by a fall in mortgage rates after the Fed cut key rates 3 times this year.

US housing starts rose 3.8 percent from a month earlier to a seasonally adjusted annual rate of 1,314 thousand units in October 2019, compared to market expectations of 1,320 thousand and following a revised 7.9 percent slump in September. Starts for the volatile multi-family housing segment jumped 8.6 percent and single-family homebuilding increased 2.0 percent.

US housing starts fell 9.4 percent from a month earlier to a seasonally adjusted annual rate of 1,256 thousand units in September 2019, compared to market expectations of 1,320 thousand and following an upwardly revised 15.1 percent jump in August. Starts for the volatile multi-family housing segment dropped 28.2 percent while single-family homebuilding increased 0.3 percent.

US housing starts jumped 12.3 percent from a month earlier to a seasonally adjusted annual rate of 1,364 thousand units in August 2019, the highest level since June 2007 likely supported by lower mortgage rates. Single-family homebuilding increased 4.4 percent and starts for the volatile multi-family housing segment soared 32.8 percent.

US housing starts dropped 4.0 percent from a month earlier to a seasonally adjusted annual rate of 1,191 thousand units in July 2019, compared to market expectations of 1,257 thousand and following a revised 1.8 percent fall in June. That was the third consecutive month of decline in housing starts, likely disrupted by Tropical Storm Barry. Multi-family homebuilding plunged 16.2 percent while construction of single-family housing units increased 1.3 percent.

US housing starts dropped 0.9 percent from a month earlier to a seasonally adjusted annual rate of 1,253 thousand units in June 2019, below market expectations of 1,261 thousand and following a revised 0.4 percent fall in May. Multi-family homebuilding plunged 9.2 percent while construction of single-family housing units increased 3.5 percent.