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

Born and raised in the San Francisco Bay Area, H. Pike Oliver has worked on real estate development strategies and master-planned communities since the early 1970s, including nearly eight years at the Irvine Company. He resided in the City of Irvine for five years in the 1980s and nine years in the 1990s.

As the founder and sole proprietor of URBANEXUS, Oliver works on advancing equitable and sustainable real estate development and natural lands management. He is also an affiliate instructor at the Runstad Department of Real Estate at the University of Washington.

Early in his career, Oliver 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. Prior to relocating to Seattle in 2013, Oliver taught real estate development at Cornell University and directed the undergraduate program in urban and regional studies. He is a member of the Urban Land Institute, the American Planning Association and a founder and emeritus member of the California Planning Roundtable.

Oliver is a graduate of the urban studies and planning program at San Francisco State University and earned a master’s degree in urban planning at UCLA.

https://urbanexus.com
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