Housing starts is an economic indicator that reflects the number of privately owned new houses (technically housing units) on which construction has been started in a given period. These data are divided into three types: single-family houses, townhouses or small condos, and apartment buildings with five or more units.
Each apartment unit is considered a single start. The construction of a 30-unit apartment building is counted as 30 housing starts.
External links
edit- United States Census Bureau
- US Relationship Between Building Permits, Housing Starts, and Housing Completions
- Housing Starts at NYU
- UK National Statistics
- Historical US housing starts – monthly data since 1959
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