U.S. Housing Starts
Click here or on image for high resolution PDF version - 1960 to Present
US housing starts for the past 56 years as compiled by the US Bureau of the Census are shown above. The good news is that 2015 Census figures show permits issued is now almost up to the long term average (Seasonally adjusted annual rate.) Over the past 56 years the average build is slightly above 1,400,000 units per year, up from about 1,000,000 units in 1960.
Conclusion: We are slowly crawling out of a major reversal in the housing industry. Over the past 4 years we have seen housing starts move from rock bottom numbers we have not seen since WWII up to now approaching the average for the past 56 years. It appears that health has returned to the housing market and the trend is up.
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