Housing Starts
Housing Starts
About This Event
The number of housing starts for October will be released.
Previous: 1.346M
Forecast: 1.35M
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 1.9% month-over-month to a seasonally adjusted annualized rate of 1.372 million in October 2023, above market expectations of 1.35 million as limited supply in the resale market has boosted new construction. Single-family housing starts went up by 0.2% to 970 thousand, while starts of units in buildings with five or more units surged by 4.9% to 382 thousand. Starts increased in the Midwest (28.4% to 244 thousand) and in the West (12.5% to 334 thousand) but fell in the Northeast (-14.5% to 71 thousand) and in the South (-6.8% to 723 thousand). Data for September 2023 was revised lower to 1.346 million from 1.358 million. 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 November 17, 2023 (America/New_York), subject to source updates.
Source summary: The number of housing starts for October will be released.
Previous: 1.346M Forecast: 1.35M
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 Nov 17, 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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