Graph and download economic data for New Privately-Owned Housing Units Under Construction: Single-Family Units (UNDCON1USA) from Jan 1970 to Aug 2025 about 1-unit structures, family, construction, new, private, housing, and USA.

Graph and download economic data for New Privately-Owned Housing Units Under Construction: Units in Buildings with 2-4 Units (UNDCON24USA) from Jan 1970 to Aug 2025 about 2-4 unit structures, construction, new, private, housing, and USA.

United States Private Housing Units Under Construction: saar: Northeast: 1 Unit data was reported at 55.000 Unit th in Jun 2018. This records an increase from the previous number of 54.000 Unit th for May 2018. United States Private Housing Units Under Construction: saar: Northeast: 1 Unit data is updated monthly, averaging 72.500 Unit th from Jan 1985 (Median) to Jun 2018, with 402 observations. The data reached an all-time high of 168.000 Unit th in Apr 1988 and a record low of 33.000 Unit th in Aug 2011. United States Private Housing Units Under Construction: saar: Northeast: 1 Unit data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA010: Private Housing Units: Under Construction and Completed: Seasonally Adjusted Annual Rate.

As of January 2025, the largest share of properties in the construction pipeline for student housing was in the Southeast region. Close to ****** beds were under construction and ****** beds were expected to break ground in 2025. The West region ranked second, with approximately ****** beds under construction and a new supply of roughly ****** beds in 2025.

View monthly updates and historical trends for US Housing Under Construction. from United States. Source: Census Bureau. Track economic data with YCharts …

View monthly updates and historical trends for US New Houses For Sale: Under Construction. from United States. Source: Census Bureau. Track economic data …

The two metropolitan areas with the highest value of new residential construction in 2024 were in Texas. Those two areas, Dallas-Fort Worth-Arlington and Houston-Pasadena-The Woodlands, were the only ones in the United States where new homes authorized were worth over 17 billion U.S. dollars. Those figures were significantly higher than the following entries in the list, the areas around Phoenix (Arizona) and in New York, where home construction amounted to over ten billion U.S. dollars.

New Residential Construction provides national and regional data on the number of new housing units authorized by building permits; authorized, but not started; started; under construction; and completed. The data are for new, privately-owned housing units, excluding "HUD-code" manufactured (mobile) homes. The data are from the Building Permit Survey, and from the Survey of Construction (SOC), which is partially funded by the Department of Housing and Urban Development (HUD).

Graph and download economic data for New Privately-Owned Housing Units Under Construction: Total Units in the Northeast Census Region (UNDCONNETSA) from Jan 1979 to Aug 2025 about Northeast Census Region, construction, new, private, housing, and USA.

The Construction Price Indexes provide price indexes for single-family houses sold and for single-family houses under construction. The indexes for houses under construction are available monthly at the national level. The indexes are based on data funded by The Department of Housing and Urban Development (HUD) and collected in the Survey of Construction (SOC).

Idaho and North Carolina were in 2024 the U.S. states with the highest volume of new residential construction, with **** and **** units authorized per 1,000 residents, respectively. On average, that year in the U.S. there were **** homes authorized per 1,000 residents. In overall terms, however, the most populous states in the U.S. tend to have the highest demand for housing.

In 2023, there were roughly *** housing starts in France, most of which were destined for purchase. That was lower than in 2022, and the number of residential buildings under construction is expected keep falling in 2024 and 2025. The amount of new home construction projects for private rental has fallen a lot since 2006.

United States Private Housing Units Under Construction: saar: West data was reported at 329.000 Unit th in Jun 2018. This records a decrease from the previous number of 334.000 Unit th for May 2018. United States Private Housing Units Under Construction: saar: West data is updated monthly, averaging 242.000 Unit th from Jan 1979 (Median) to Jun 2018, with 474 observations. The data reached an all-time high of 379.000 Unit th in Mar 2006 and a record low of 85.000 Unit th in May 2011. United States Private Housing Units Under Construction: saar: West data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EA010: Private Housing Units: Under Construction and Completed: Seasonally Adjusted Annual Rate.

United States - New Privately-Owned Housing Units Under Construction: Units in Buildings with 5 Units or More was 739.30000 Thous. of Units in March of 2025, according to the United States Federal Reserve. Historically, United States - New Privately-Owned Housing Units Under Construction: Units in Buildings with 5 Units or More reached a record high of 1001.70000 in July of 2023 and a record low of 108.90000 in August of 1993. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - New Privately-Owned Housing Units Under Construction: Units in Buildings with 5 Units or More - last updated from the United States Federal Reserve on November of 2025.

Residential Construction Market Outlook

The global residential construction market size was valued at $XX billion in 2023 and is projected to reach $XX billion by 2032, growing at a compound annual growth rate (CAGR) of XX% during the forecast period. This considerable growth is driven by several factors, including increasing urbanization, rising disposable incomes, and government initiatives focused on housing development. The expanding population, especially in emerging economies, and the growing trend toward nuclear families are also crucial drivers bolstering the market's growth.

One of the primary growth factors for the residential construction market is the rapid urbanization observed worldwide. As more people move from rural areas to urban centers in search of better employment opportunities and improved living standards, the demand for residential units in cities has skyrocketed. Urbanization not only increases the demand for new housing but also necessitates the renovation and upgrading of existing infrastructure to accommodate the growing population. Additionally, governments around the world are implementing policies and offering incentives to stimulate the housing sector, thus directly contributing to market growth.

Another significant driver is the rise in disposable incomes, especially in developing nations. Higher disposable incomes enable individuals and families to invest in better housing, resulting in increased demand for residential construction. Economic growth in various regions has led to a higher standard of living, with more people aspiring to own homes that offer enhanced comfort and amenities. This trend is complemented by the availability of favorable financing options and mortgage rates, which make home buying more accessible to a larger segment of the population.

Technological advancements in construction techniques and materials are also playing a pivotal role in the market's growth. Innovations such as prefabrication, 3D printing, and green building materials are not only making construction quicker and more cost-efficient but are also aligning with the growing demand for sustainable and energy-efficient homes. These technological improvements are attracting both homeowners and real estate developers, eager to reduce costs and enhance the quality of construction. Consequently, technology is evolving into a critical enabler of the marketÂ’s expansion.

Regionally, Asia Pacific is expected to dominate the residential construction market during the forecast period. Rapid economic development, substantial urban migration, and supportive governmental policies are driving the market in this region. Countries like China and India, with their massive populations and expanding middle classes, present immense opportunities for residential construction. However, North America and Europe are also experiencing steady growth, driven by urban renewal projects and an increasing focus on sustainable living spaces. The Middle East & Africa and Latin America, while smaller in market share, are anticipated to witness moderate growth fueled by urbanization and infrastructural investments.

Construction Spending plays a pivotal role in shaping the dynamics of the residential construction market. The allocation of funds towards building new homes and renovating existing structures directly influences the pace and scale of market growth. Governments and private investors are increasingly recognizing the importance of strategic construction spending to address housing shortages and improve living conditions. By channeling resources into construction projects, stakeholders can stimulate economic activity, create jobs, and enhance infrastructure. This financial commitment not only supports the development of new residential units but also ensures the modernization and sustainability of existing housing stock, aligning with broader urban development goals.

Type Analysis

The residential construction market can be segmented by type into single-family housing and multi-family housing. Single-family housing remains a dominant segment, driven by the growing preference for privacy and individual living spaces. This trend is particularly prominent in North America and Europe, where suburban living is highly popular. Single-family homes offer the luxury of private outdoor spaces, better control over living conditions, and more room for customization, making them highly desirable among homeowners. The financial incentives provided by g

The purpose of this feature is to show the location of Housing Monitoring land that is under construction.

Maryland Total New Housing Units Authorized for Construction from 2010 to 2024. Source from the U.S. Department of Commerce, Bureau of the Census.

New Single-Family Homes Under Construction - Historical chart and current data through 2025.

North America Residential Construction Market size was valued at USD 850 Billion in 2024 and is projected to reach USD 1300 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032.North America Residential Construction Market DynamicsThe key market dynamics that are shaping the North America residential construction market include:Key Market Drivers:Housing Demand and Demographic Shifts: U.S. Census Bureau's comprehensive demographic analysis reports 17.3% increase in first-time homebuyers under 35. Millennials now account for 43% of mortgage applications, driving historic USD 1.5 trillion in housing market demand and profoundly changing residential real estate dynamics.Sustainable Building Technologies: In accordance to the thorough sustainability report published by the United States Green Building Council, green certifications are now used in 48% of new residential construction. Energy-efficient buildings consistently attract 7.1% higher market values, indicating a significant economic incentive for sustainable residential construction techniques.

The price of multifamily units under construction in the United States increased significantly more than that of single-family homes in 2024. While the price of single-family houses was *** percent higher than in the previous year, those figures amounted to over **** percent for multifamily residential units. The overall cost of construction materials in the U.S. increased noticeably in 2021 and 2022.