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Past Release · Housing Starts

January 2024 Housing Starts Report

Monday, January 1, 2024

Housing Starts printed at 1,381, a -9.20% move from the prior reading of 1,521.

Headline Reading
Housing Starts
1,381
Jan 1
Prior
1,521
Absolute
140
Percent
-9.20%

What to Watch For

  • Housing starts annualized rate
  • Building permits, leading indicator
  • Single-family vs multi-family split
  • Regional distribution
  • Mortgage rate context

Expected Market Reaction

Weak starts with falling permits: homebuilders down, rates down (transmission signal). Strong starts: homebuilders up, copper/lumber up.

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