Macro/monthly

New Privately-Owned Housing Units Started: Total Units

Residential construction begun in the month (Census/HUD).

1,275K2026-08-01
Thousands of units, seasonally adjusted annual rate
1,204.501,494.501,784.50Nov 1, 21Jan 8, 23Mar 17, 24May 24, 25Aug 1, 26

Why it matters

Housing is the most rate-sensitive sector and often leads the business cycle.

Release schedule: Monthly, around the 17th-19th, 8:30 am ET (Census)

Recent readings

PeriodValueChange
2026-08-011,275K−34
2026-07-011,309K−130
2026-06-011,439K+257
2026-05-011,182K−232
2026-04-011,414K−108
2026-03-011,522K+176
2026-02-011,346K−39
2026-01-011,385K+7
2025-12-011,378K+59
2025-11-011,319K+46
2025-10-011,273K−46
2025-09-011,319K—