Housing Starts
Housing Starts
About This Event
The number of housing starts for August will be released.
Previous: 1.237M
Forecast: 1.31M
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 United States soared by 9.6% from the previous month to an annualized rate of 1.356 million units in August of 2024, firmly above market expectations of 1.31 million units, rebounding from the near 7% plunge in the previous period to record the sharpest increase in six months. Starts of single-family homes rose by 15.8% to an annualized rate of 992 thousand units. These were enough to offset the 6.7% decrease in starts of homes with five or more units, which totaled 333 thousand. Among different areas of the country, starts rose sharply in the South (15.5% to 745 thousand), the Midwest (29.6% to 206 thousand), and the West (5.9% to 288 thousand). On the other hand, starts fell by 27.3% to 117 thousand in the Northeast. 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 18, 2024 (America/New_York), subject to source updates.
Source summary: The number of housing starts for August will be released.
Previous: 1.237M Forecast: 1.31M
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...
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 18, 2024 (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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