What will be the annualized rate of US housing starts for June 2024?
Closed Jul 01, 2024 07:01AM UTC
The rate of housing starts, a measure of new home construction in the US, has trended down since April 2022 as interest rates price many potential homebuyers out of the market (US News & World Report, National Association of Realtors). The question will be suspended on 30 June 2024 and the outcome determined using data provided by the US Census Bureau as reported by the Federal Reserve Economic Data (FRED) database for June 2024, expected in July 2024 (FRED). As of the launch of this question, housing starts totaled 1,418 thousand, or 1.418 million, in June 2023.
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The question closed "At least 1.30 million, but fewer than 1.45 million" with a closing date of 1 July 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Fewer than 1.15 million | 1% | |
| At least 1.15 million, but fewer than 1.30 million | 32% | |
| At least 1.30 million, but fewer than 1.45 million | 57% | |
| At least 1.45 million, but fewer than 1.60 million | 9% | |
| At least 1.60 million, but fewer than 1.75 million | 1% | |
| 1.75 million or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 42 |
| Average for questions in their first 6 months: 171 | |
| Number of Forecasts | 160 |
| Average for questions in their first 6 months: 444 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
