Graph and download economic data for Monthly Supply of New Houses in the United States (MSACSR) from Jan 1963 to May 2025 about supplies, new, housing, and USA.

Total Housing Inventory in the United States increased to 1540 Thousands in May from 1450 Thousands in April of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

The number of housing units in the United States has grown year-on-year and in 2024, there were approximately *** million homes. That was an increase of about one percent from the previous year. Homeownership in the U.S. Most of the housing stock in the U.S. is owner-occupied, meaning that the person who owns the home uses it as a primary residence. Homeownership is an integral part of the American Dream, with about *** in ***** Americans living in an owner-occupied home. For older generations, the homeownership rate is even higher, showing that buying a home is an important milestone in life. Housing transactions slowing down During the coronavirus pandemic, the U.S. experienced a housing market boom and witnessed an increase in the number of homes sold. Since 2020, when the market peaked, new homes transactions have slowed down and so have the sales of existing homes. That has affected the development of home prices, with several states across the country experiencing a decline in house prices.

Graph and download economic data for Housing Inventory: Active Listing Count in the United States (ACTLISCOUUS) from Jul 2016 to Jun 2025 about active listing, listing, and USA.

Monthly Supply of New Houses in the United States was 8.10000 Months' Supply in April of 2025, according to the United States Federal Reserve. Historically, Monthly Supply of New Houses in the United States reached a record high of 12.20000 in January of 2009 and a record low of 3.30000 in October of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Monthly Supply of New Houses in the United States - last updated from the United States Federal Reserve on July of 2025.

United States - Existing Home Sales: Months Supply was 4.40000 Months' Supply in April of 2025, according to the United States Federal Reserve. Historically, United States - Existing Home Sales: Months Supply reached a record high of 5.70000 in July of 2014 and a record low of 1.60000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Existing Home Sales: Months Supply - last updated from the United States Federal Reserve on July of 2025.

In 2021, the University of Texas at Austin had the most new student housing bed deliveries among key student housing markets. Overall, there were ***** beds delivered in the University of Texas at Austin, while in the Georgia State University, that figure was *****.

Graph and download economic data for Existing Home Sales: Months Supply (HOSSUPUSM673N) from May 2024 to May 2025 about supplies, sales, housing, and USA.

Between 1968 and 2023, there had been over six million housing unit completions more than new households formed in the United States. That means that throughout that period the number of homes and apartments completed increased at a faster pace than the number of households, indicating no deficit. However, if only completions of single-family homes were considered, there was a housing deficit. From 1969 to 2023, there were roughly 16 million less single-family homes completed than new households were formed. Those figures do not include the number of housing units demolished, and therefore do not reflect the exact housing shortage, as some of those homes completed might not exist anymore due to demolitions or natural disasters.

United States Months of Supply: All Residential: Massachusetts data was reported at 1.500 Month in Jul 2020. This records a decrease from the previous number of 2.100 Month for Jun 2020. United States Months of Supply: All Residential: Massachusetts data is updated monthly, averaging 3.050 Month from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 10.100 Month in Feb 2012 and a record low of 1.500 Month in Jul 2020. United States Months of Supply: All Residential: Massachusetts data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB028: Months of Supply: by States.

The US residential real estate market, a cornerstone of the American economy, is projected to experience steady growth over the next decade. While the provided CAGR of 2.04% is a modest figure, it reflects a market maturing after a period of significant expansion. This sustained growth is driven by several key factors. Firstly, population growth and urbanization continue to fuel demand for housing, particularly in densely populated areas and emerging suburban markets. Secondly, low interest rates (historically, though this can fluctuate) have made mortgages more accessible, stimulating buyer activity. Thirdly, a robust construction sector, though facing challenges in material costs and labor shortages, is gradually increasing the housing supply, mitigating some of the upward pressure on prices. However, challenges remain. Rising inflation and potential interest rate hikes pose a risk to affordability, potentially dampening demand. Furthermore, the ongoing evolution of remote work is reshaping residential preferences, with a shift toward larger homes in suburban or exurban locations. This trend impacts the relative demand for various property types, potentially increasing the appeal of landed houses and villas compared to apartments and condominiums in certain regions. The segmentation of the market into apartments/condominiums and landed houses/villas provides crucial insights into consumer preferences and investment strategies. High-density urban areas will continue to see strong demand for apartments and condos, while suburban and rural areas are likely to experience a greater increase in landed property sales. Major players like Simon Property Group, Mill Creek Residential, and others are strategically adapting to these trends, focusing on both development and management across various property types and geographic locations. Analyzing regional data within the US (e.g., comparing growth in the Northeast versus the Southwest) will highlight market nuances and potential investment opportunities. While the global data provided is valuable for understanding broader market forces, focusing the analysis on the US market allows for a more granular understanding of the specific drivers, trends, and challenges within this significant segment of the real estate sector. The forecast period (2025-2033) suggests continued, albeit measured, expansion. Recent developments include: May 2022: Resource REIT Inc. completed the sale of all of its outstanding shares of common stock to Blackstone Real Estate Income Trust Inc. for USD 14.75 per share in an all-cash deal valued at USD 3.7 billion, including the assumption of the REIT's debt., February 2022: The largest owner of commercial real estate in the world and private equity company Blackstone is growing its portfolio of residential rentals and commercial properties in the United States. The company revealed that it would shell out about USD 6 billion to buy Preferred Apartment Communities, an Atlanta-based real estate investment trust that owns 44 multifamily communities and roughly 12,000 homes in the Southeast, mostly in Atlanta, Nashville, Charlotte, North Carolina, and the Florida cities of Jacksonville, Orlando, and Tampa.. Key drivers for this market are: Investment Plan Towards Urban Rail Development. Potential restraints include: Italy’s Fragmented Approach to Tenders. Notable trends are: Existing Home Sales Witnessing Strong Growth.

Housing Starts in the United States decreased to 1256 Thousand units in May from 1392 Thousand units in April 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.

United States New 1 Family Houses Sold: sa: Month Supply at Current Sales Rate data was reported at 7.400 Month in Oct 2018. This records an increase from the previous number of 6.500 Month for Sep 2018. United States New 1 Family Houses Sold: sa: Month Supply at Current Sales Rate data is updated monthly, averaging 5.800 Month from Jan 1963 (Median) to Oct 2018, with 670 observations. The data reached an all-time high of 12.200 Month in Jan 2009 and a record low of 3.500 Month in Aug 2003. United States New 1 Family Houses Sold: sa: Month Supply at Current Sales Rate 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.EB001: New One Family House Unit: Sold and For Sale.

Housing construction in the United States plummeted between 2006 and 2010, followed by a gradual increase until 2021. In early 2022, the number of new building permits and construction starts rose to one of the highest levels since 2006. As the economic environment worsened and construction material prices soared, however, permits issuance and building starts slowed. As of February 2025, the 12-month rolling number of new privately owned housing units completed amounted to **** million, while the number of units started was *** million.

The number of home sales in the United States peaked in 2021 at almost seven million after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to 4.8 million. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.

Graph and download economic data for Housing Inventory Estimate: Total Housing Units in the United States (ETOTALUSQ176N) from Q2 2000 to Q1 2025 about inventories, housing, and USA.

The U.S. housing market has seen significant price growth since 2011, with the median sales price of existing single-family homes reaching a record high of ******* U.S. dollars in 2024. This represents a substantial increase of ******* over the past five years, highlighting the rapid appreciation of home values across the country. The trend of rising prices can also be observed in the new homes sold. Regional variations and housing shortage While the national median price provides a broad overview, regional differences in home prices are notable. The West remains the most expensive region, with prices twice higher than in the more affordable Midwest. This disparity persists despite efforts to increase housing supply. In 2024, approximately ******* building permits for single-family housing units were granted, showing a slight increase from previous years but still well below the 2005 peak of **** million permits. The ongoing housing shortage continues to drive prices upward across all regions. Market dynamics and future outlook The number of existing home sales has plummeted since 2020, reflecting the growing cost of homeownership. Factors such as high home prices, unfavorable economic conditions, and aggressive increases in mortgage rates have contributed to affordability challenges for many potential homebuyers. Despite these challenges, forecasts suggest a potential recovery in the housing market by 2025, though transaction volumes are expected to remain below long-term averages.

Texas A&M University, the institution with the highest enrollment in fall 2024, offered the largest number of student housing supply, with a total of ****** beds. University of Central Florida came in second, with ****** beds. Florida International University — the institution with the fourth-highest enrollment, had one of the lowest supplies among the top 30 universities ranked.

Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to Jun 2025 about median and USA.

Paper Abstract: The US urban population increased by almost 50 percent between 1980 and 2020, with this growth heavily concentrated in the Sun Belt and at the fringes of metropolitan areas. This paper considers the role of housing supply in shaping the growth of cities and neighborhoods. Housing supply constraints have meant that demand growth has increasingly manifested as price growth rather than as increases in housing units or population in larger and denser metropolitan areas and neighborhoods. New housing is provided at increasingly higher cost in areas that have higher intensity of existing development and more restrictive regulatory environments. Both forces have strengthened over time, making quantity supplied less responsive to growing demand, driving housing price growth in many areas, and pushing housing quantity growth further out into urban fringes. As a result of such pressures on the cost of new construction, the US has recently experienced more rapid price growth and a declining influence of new construction on the housing stock.