Housing Starts
Housing Starts
About This Event
The number of housing starts for August will be released.
Previous: 1.447M
Forecast: 1.44M
Housing starts measures the change in the annualized number of new residential buildings that began construction. This is a key indicator of the strength of the housing market. Higher than expected housing starts is bullish, while lower than expected housing starts is bearish.
Housing starts in the US rose by 7% month-over-month to a seasonally adjusted annualized rate of 1.36 million in September of 2023, rebounding from the upwardly revised, three-year low of 1.27 million from the previous month, but missing estimates of a sharper 1.38 million starts. Single-family housing starts rose by 3.2% in the period to an annualized rate of 963 thousand, while starts of units in buildings with five or more units jumped by 17.1% to 383 thousand. The sharpest increases were noted in the Midwest (35.3% to 203 thousand), the South (6.5% to 772 thousand), and the West (5.6% to 300 thousand). On the other hand, total starts fell sharply in the Northeast (-24.5% to 83 thousand). source: U.S. Census Bureau
Why This Event Matters
Economic releases such as Housing Starts are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is September 19, 2023 (America/New_York), subject to source updates.
Source summary: The number of housing starts for August will be released.
Previous: 1.447M Forecast: 1.44M
Housing starts measures the change in the annualized number of new residential buildings that began construction. This is a key indicator of the strength of the housing market. Higher than expected housing starts is bullish, while lower than expected housing starts is bearish.
Housing starts in the US...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Housing Starts?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Housing Starts?
- The calendar shows Sep 19, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Housing Starts matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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