Housing Starts in the United States increased to 1501 Thousand units in February from 1350 Thousand units in January of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In February 2025, approximately 111,100 home construction projects started in the United States. The lowest point for housing starts over the past decade was in 2009, just after the 2007-2008 global financial crisis. Since 2010, the number of housing units started has been mostly increasing despite seasonal fluctuations. Statista also has a dedicated topic page on the U.S. housing market as a starting point for additional investigation on this topic. The impact of the global recession The same trend can be seen in home sales over the past two decades. The volume of U.S. home sales began to drop in 2005 and continued until 2010, after which home sales began to increase again. This dip in sales between 2005 and 2010 suggests that supply was outstripping demand, which led to decreased activity in the residential construction sector. Impact of recession on home buyers The financial crisis led to increased unemployment and pay cuts in most sectors, which meant that potential home buyers had less money to spend. The median income of home buyers in the U.S. fluctuated alongside the home sales and starts over the past decade.

Graph and download economic data for New Privately-Owned Housing Units Started: Single-Family Units (HOUST1F) from Jan 1959 to Feb 2025 about housing starts, privately owned, 1-unit structures, family, housing, and USA.

In the United States, the projected number of single-family housing unit starts in 2026 is estimated to increase. After a peak in 2021, the number of home construction starts decreased two years in a row. However, those figures are expected to pick back up in the next years. Single-family homes are the preferred option for Americans Single-family homes were the most common type of home purchased in 2023 in the United States, making up roughly 79 percent of all purchases, showing that demand for single-family units remains strong. That explains why there is usually a far higher number of single-family homes than of other type of homes being built any given year. There were roughly 350 multifamily homes whose construction started in 2024. Single family housing units in the United States The median size of a single family housing unit in the United States based on square footage has remained relatively consistent over the past two decades. The cost of housing varies around the United States. In 2023, the most expensive median price of an existing single-family home was on the West coast. However, it was in the Northeast where the median price of a new single-family home was the most expensive.

Housing Starts in Canada decreased to 229.03 Thousand units in February from 239.32 Thousand units in January of 2025. This dataset provides the latest reported value for - Canada Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Starts in Japan decreased to 56134 Units in January from 62957 Units in December of 2024. This dataset provides the latest reported value for - Japan Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Number of units from projected future housing growth in the City as used in enrollment projection.

In February 2025, there were less building permits for new residential construction in the United States a year earlier. Despite some fluctuations, the number of building permits issued in the past couple of years has been falling. The number of U.S. new home construction starts has also been lower than in previous years.

Graph and download economic data for New Privately Owned Housing Starts in the United States, Total Two or More Units (HOUST2UMQ) from Q1 1974 to Q4 2024 about 2 units +, housing starts, privately owned, new, housing, and USA.

In the United States, it is expected that there will be approximately 5,000 multifamily housing starts less in 2025 than in 2024. However, it is forecasted that the number of construction starts for multifamily housing units will pick up slightly in 2026, after two years of falling starts. Multifamily vs single-family housing demand Multifamily housing includes various types of housing, such as apartment buildings, condominiums, duplexes, and townhouses. The number of housing starts of single-family has also fallen in 2022 and 2023, but it already started growing again in 2024, showing a faster recovery than the multifamily housing segment.

Are multifamily homes getting smaller? The median size of multifamily homes has median size of multifamily homes has shrunk by nearly 200 square feet between 2007 and 2023. This trend towards smaller homes suggests that space is becoming increasingly limited, or that consumers prefer smaller homes due to smaller mortgages, lower maintenance costs and lower utility costs.

Housing Starts YoY in Japan decreased to -4.60 percent in January from -2.50 percent in December of 2024. This dataset includes a chart with historical data for Japan Housing Starts YoY.

Housing Starts in China decreased to 6613.94 Tens of Thousands Square Metre in February from 73892.84 Tens of Thousands Square Metre in December of 2024. This dataset includes a chart with historical data for China Housing Starts.

The number of housing starts was forecast to increase by 22,000 units in 2025 in comparison to the previous year. After that, the number of new construction starts is predicted to grow significantly, reaching 244,000 new housing starts in 2029.

This table contains data described by the following dimensions (Not all combinations are available): Geography (168 items: Carbonear; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Housing estimates (3 items: Housing starts; Housing under construction; Housing completions ...), Type of unit (5 items: Total units; Row units; Single-detached units; Semi-detached units ...).

Texas and Florida were the states with most residential building permits issued in 2024. On the other side of the spectrum, Alaska and Rhode Island issued fewer permits than any other state. The overall number of building permits for new residential construction in the U.S. has fluctuated a lot in the past years.

Graph and download economic data for New Privately Owned Housing Starts in the United States, Median Square Feet Per Unit for Two or More Units (HOUSTSFLAM2UMQ) from Q1 1999 to Q4 2024 about 2 units +, housing starts, privately owned, new, median, housing, and USA.

Housing Starts in the United Kingdom increased to 29310 units in the third quarter of 2024 from 25020 units in the second quarter of 2024. This dataset provides the latest reported value for - United Kingdom Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Construction of housing units in urban centres with a population of 10,000 and over. A housing unit is considered "started" when basement foundation construction begins.

This dataset provides values for HOUSING STARTS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States Private Housing Starts: 1 Unit: Floor Area: Median data was reported at 2,320.000 sq ft in Sep 2018. This records a decrease from the previous number of 2,346.000 sq ft for Jun 2018. United States Private Housing Starts: 1 Unit: Floor Area: Median data is updated quarterly, averaging 2,230.000 sq ft from Mar 1999 (Median) to Sep 2018, with 79 observations. The data reached an all-time high of 2,519.000 sq ft in Mar 2015 and a record low of 2,017.000 sq ft in Sep 1999. United States Private Housing Starts: 1 Unit: Floor Area: Median data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EA014: Private Housing Units: Started: By Purpose and Design.