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Past Release · Housing Starts

February 2024 Housing Starts Report

Thursday, February 1, 2024

Housing Starts printed at 1,552, a +12.38% move from the prior reading of 1,381.

Headline Reading
Housing Starts
1,552
Feb 1
Prior
1,381
Absolute
+171
Percent
+12.38%

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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