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Single-Family Housing Starts Slowed for 2018

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Single-Family Housing Starts Slowed for 2018


October 7, 2019
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Image by Daniel Reche from Pixabay 

There were 881,076 new single-family units started in 2018, 4% higher than the units started in 2017, according to the National Association of Home Builders’ analysis of the Survey of Construction. That figure was double the units started in 2011 and 49% less than the peak of 2007 (1,731,171 units).

Among all the nine Census divisions, new single-family units started in the South Atlantic, West South Central and Mountain Divisions exceeded 100k in 2018. These three divisions represent 21 states, while the number of new single-family housing starts in these three divisions accounted for about 62% of the total new single-family housing starts in 2018.

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