Growth slows for single-family starts in six census divisions

single-family starts

According to NAHB analysis of the Survey of Construction (SOC), nationally, there were 881,076 new single-family starts in 2018, 4% higher than the units started in 2017. It was the double of the units started in 2011, and still 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 housing starts in these three divisions accounted for about 62% of the total new single-family housing starts in 2018.

In addition, there were 98,760 new single-family units started in the Pacific Division and 78,858 units started in the East North Central Division in 2018. The Pacific Division accounted for 11% of the total new single-family housing starts, while the East North Central Division accounted for 9%. The other four divisions, including East South Central, West North Central, Middle Atlantic and New England, accounted for the remaining 18% of the total new single-family housing starts.

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A May report showed that growth in new starts was mostly limited to exurban areas. Read more at NAHB’s Eye on Housing blog.

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