housing start

1. The beginning of construction of a dwelling.
2. housing starts The number of new dwellings begun nationwide during a particular period, used as an economic indicator: "Housing starts . . . are well above their recession lows" (Paul A. Samuelson).

The number of residential building construction projects that have begun during any particular month.

Investopedia Says:
This is considered to be a crucial indicator of economic strength. If the economy is strong, people are more likely to buy new homes.

Related Links:
The economy has a large impact on the market, so investors should know how to interpret these eleven indicators. Economic Indicators to Know
Find out how to pick your own investments like a pro. How Investors Can Screen For Stock Ideas

Category of residential construction monitored by the Department of Commerce. Housing starts represent the start of construction of a house or apartment building, which means the digging of the foundation. Other categories are housing permits, housing completions, and new home sales. In the aggregate, residential construction accounts for roughly 3% of Gross Domestic Product.

Housing starts is the number of privately owned new houses (technically housing units) on which construction has been started in a given period. This data is divided into three types: single-family houses, townhouses or small condos, and apartment buildings with five or more units.

Each apartment unit is considered a single start. The construction of a 30-unit apartment building is counted as 30 housing starts.

External links

• United States Census Bureau
• US Relationship Between Building Permits, Housing Starts, and Housing Completions
• Housing Starts at NYU
• UK National Statistics
• Historical US housing starts - monthly data since 1959

This economic theory related article is a stub. You can help Wikipedia by expanding it. v • d • e

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)