Housing Starts
US Housing Starts — Historical Chart
1,427K
▲ 3.48% YoYJun 2026
All-Time High
2,494K
All-Time Low
478K
Data Since
1959
Source: FRED / Census BureauShaded = NBER recessions
Total US housing starts (seasonally adjusted annual rate, thousands of units). One of the best leading economic indicators — housing construction peaks 12–18 months before recessions. The collapse from 2.27M starts in 2005 to 478K in 2009 was the worst since the Great Depression.