David Epstein asks:
What will be the annualized rate of US housing starts for October 2022?
The rate of housing starts, a measure of new home construction in the US, faces an uncertain future due to rising interest rates, commodity inflation, and labor market uncertainties (CNBC, Bankrate, FOX17). The question will be suspended on 31 October 2022 and the outcome determined using data provided by the US Census Bureau as reported by the Federal Reserve Economic Data (FRED) database for October 2021, typically in November (FRED). For October 2021, housing starts totaled 1.552 million.
|Possible Answer||Crowd Forecast||Change in last 24 hours|
|Fewer than 1.4 million||27.00%||+0.00%|
|Between 1.4 million and 1.6 million, inclusive||42.00%||+0.00%|
|More than 1.6 million but fewer than 1.8 million||31.00%||+0.00%|
|Between 1.8 million and 2.0 million, inclusive||0.00%||+0.00%|
|More than 2.0 million but fewer than 2.2 million||0.00%||+0.00%|
|2.2 million or more||0.00%||+0.00%|