What will be the annualized rate of US housing starts for February 2024?
Closed Mar 01, 2024 08:01AM UTC
The rate of housing starts, a measure of new home construction in the US, has trended down since May 2023 as interest rates price many potential homebuyers out of the market (US News & World Report, Finance & Commerce). The question will be suspended on 29 February 2024 and the outcome determined using data provided by the US Census Bureau as reported by the Federal Reserve Economic Data (FRED) database for February 2024, expected in March 2024 (FRED). As of the launch of this question, housing starts totaled 1.436 million in February 2023.
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The question closed "Between 1.50 million and 1.65 million, inclusive" with a closing date of 1 March 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Fewer than 1.20 million | 5% | |
| Between 1.20 million and 1.35 million, inclusive | 19% | |
| More than 1.35 million but fewer than 1.50 million | 47% | |
| Between 1.50 million and 1.65 million, inclusive | 22% | |
| More than 1.65 million but fewer than 1.80 million | 6% | |
| 1.80 million or more | 1% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 66 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 186 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
