"Housing starts" refer to the number of new residential construction projects that begin during a specific period, typically measured monthly or annually. This metric is an important indicator of the health of the real estate market and the overall economy, as it reflects demand for new homes and can influence related industries such as construction and home improvement. The data on housing starts is collected by government agencies, such as the U.S. Census Bureau, and is used by policymakers, investors, and economists to gauge economic trends. A rise in housing starts often signals increased consumer confidence and economic growth, while a decline may indicate economic challenges or reduced demand for new homes.