Despite persistently high mortgage rates, elevated financing costs for builders, and a shortage of buildable lots, single-family starts rebounded in 2024, following two straight years of declines. According to the NAHB analysis of the 2024 Survey of Construction (SOC), a total of 1,009,315 new single-family units started construction nationwide. This is a 7% increase compared to 2023. Among the nine Census divisions, the South Atlantic division led the nation with 344,313 starts in 2024, representing a 34% share. The second highest was the West South Central division at 187,690 starts, followed by the Mountain division with 125,911 starts. …Meanwhile, there were 99,166 new single-family units started in the Pacific division (10% of total starts) and 81,106 in the East North Central division (8%) in 2024. The other four divisions, including East South Central, West North Central, Middle Atlantic, and New England, accounted for the remaining 17% of the total new single-family housing starts.