What will be the annualized rate of US housing starts for May 2024?
Closed Jun 01, 2024 07:01AM 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, CNBC, Yahoo). The question will be suspended on 31 May 2024 and the outcome determined using data provided by the US Census Bureau as reported by the Federal Reserve Economic Data (FRED) database for May 2024, typically in June (FRED). As of the launch of this question, FRED reported that housing starts totaled 1.583 million in May 2023.
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The question closed "More than 1.15 million but fewer than 1.30 million" with a closing date of 1 June 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Fewer than 1.00 million | 1% | |
| Between 1.00 million and 1.15 million, inclusive | 3% | |
| More than 1.15 million but fewer than 1.30 million | 10% | |
| Between 1.30 million and 1.45 million, inclusive | 65% | |
| More than 1.45 million but fewer than 1.60 million | 19% | |
| Between 1.60 million and 1.75 million, inclusive | 2% | |
| More than 1.75 million | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 29 |
| Average for questions older than 6 months: 200 | |
| Number of Forecasts | 197 |
| Average for questions older than 6 months: 571 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
