Housing Starts in the USA Since November 2005

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Written By H. Pike Oliver

The Federal Reserve Bank of St. Louis has updated their data table and graphs that report the seasonally adjusted annual rate of new starts of privately owned housing on a monthly basis.  The source of this data is the Census Bureau of the U.S. Department of Commerce.  The latest data point is November 2010 and the graph copied below displays the data from the prior five years.

Housing starts declined from a peak of nearly 2.3 million units (annualized) in January 2006, to 477 thousand units in April 2009.  Since then, they have bumped along a relatively flat line, never exceeding the rate of 679 thousand units reached a year later in April 2010.

H. Pike Oliver

H. Pike Oliver focuses on master-planned communities. He is co-author of Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and THE BIG PLAN, published by Routledge in 2022.

Early in his career, Pike worked for public agencies, including the California Governor's Office of Planning and Research, where he was a principal contributor to An Urban Strategy for California. For the next three decades, he was involved in master-planned development on the Irvine Ranch in Southern California, as well as other properties in western North America and abroad.

Beginning in 2009, Pike taught real estate development at Cornell University and directed the undergraduate program in Urban and Regional Studies. He relocated to Seattle in 2013 and, from 2016 to 2020, served as a lecturer in the Runstad Department of Real Estate at the University of Washington, where he also served as its chair.

Pike graduated from San Francisco State University's urban studies and planning program and received a master's degree in urban planning from UCLA. He is a member of the American Planning Association and the Urban Land Institute and a founder and emeritus member of the California Planning Roundtable.

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