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Monthly New Residential Construction, August 2020

Housing Starts

Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,416,000. This is 5.1 percent (±9.6 percent)* below the revised July estimate of 1,492,000, but is 2.8 percent (±10.3 percent)* above the August 2019 rate of 1,377,000. Single-family housing starts in August were at a rate of 1,021,000; this is 4.1 percent (±8.7 percent)* above the revised July figure of 981,000. The August rate for units in buildings with five units or more was 375,000.

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