Housing Starts in the United States decreased to 1307 Thousand units in August from 1429 Thousand units in July 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.

Graph and download economic data for New Privately-Owned Housing Units Under Construction: Total Units (UNDCONTSA) from Jan 1970 to Aug 2025 about construction, new, private, housing, and USA.

In July 2025, approximately ******* 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 Authorized in Permit-Issuing Places: Total Units (PERMIT) from Jan 1960 to Aug 2025 about headline figure, permits, buildings, new, private, housing, and USA.

Graph and download economic data for New Privately-Owned Housing Units Started: Single-Family Units (HOUST1F) from Jan 1959 to Aug 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 ** 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 *** 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.

Building Permits in the United States decreased to 1330 Thousand in August from 1362 Thousand in July of 2025. This dataset provides the latest reported value for - United States Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

New Home Sales in the United States increased to 800 Thousand units in August from 664 Thousand units in July of 2025. This dataset provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States - New Privately-Owned Housing Units Under Construction: Total Units was 1317.00000 Thous. of Units in August of 2025, according to the United States Federal Reserve. Historically, United States - New Privately-Owned Housing Units Under Construction: Total Units reached a record high of 1715.00000 in October of 2022 and a record low of 414.00000 in August of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - New Privately-Owned Housing Units Under Construction: Total Units - last updated from the United States Federal Reserve on October of 2025.

Housing Starts in China increased to 39801.01 Tens of Thousands Square Metre in August from 35206.14 Tens of Thousands Square Metre in July of 2025. This dataset includes a chart with historical data for China Housing Starts.

New Private Housing Authorized by Building Permits for Florida was 16827.30407 Units in June of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits for Florida reached a record high of 29843.28452 in September of 2005 and a record low of 2188.64159 in April of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits for Florida - last updated from the United States Federal Reserve on September of 2025.

New Private Housing Authorized by Building Permits for Iowa was 1007.86865 Units in July of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits for Iowa reached a record high of 1923.74179 in August of 2016 and a record low of 365.65389 in March of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits for Iowa - last updated from the United States Federal Reserve on September of 2025.

In the first quarter of 2025, San Francisco, Chicago, New York, and Honolulu were some of the U.S. cities with the highest housing construction costs. Meanwhile, Phoenix had one of the lowest construction costs for high-end multifamily homes at *** U.S. dollars per square foot and Las Vegas for single-family homes between *** and *** U.S. dollars per square foot. Construction cost disparities As seen here, the construction cost for a high-end multi-family home in San Francisco in the first quarter of 2024 was over ***** more expensive than in Phoenix. Meanwhile, there were also great differences in the cost of building a single-family house in New York and in Portland or Seattle. Some factors that may cause these disparities are the construction materials, installation, and composite costs, differing land values, wages, etc. For example, although the price of construction materials in the U.S. was rising at a slower level than in 2022 and 2023, several materials that are essential in most construction projects had growth rates of over **** percent in 2024. Growing industry revenue Despite the economic uncertainty and other challenges, the size of the private construction market in the U.S. rose during the past years. It is important to consider that supply and demand for housing influences the revenue of this segment of the construction market. On the supply side, single-family home construction fell in 2023, but it is expected to rise in 2024 and 2025. On the demand side, some of the U.S. metropolitan areas with the highest sale prices of single-family homes were located in California, with San Jose-Sunnyvale-Santa Clara at the top of the ranking.

Graph and download economic data for New Private Housing Units Authorized by Building Permits for California (CABPPRIVSA) from Jan 1988 to Jul 2025 about permits, buildings, new, CA, private, housing, and USA.

New Private Housing Authorized by Building Permits for North Carolina was 7238.27804 Units in July of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits for North Carolina reached a record high of 9500.36629 in March of 2006 and a record low of 2115.61640 in March of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits for North Carolina - last updated from the United States Federal Reserve on October of 2025.

New Private Housing Authorized by Building Permits: 1-Unit Structures for Minnesota was 1051.00000 Units in March of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits: 1-Unit Structures for Minnesota reached a record high of 3509.00000 in May of 2005 and a record low of 159.00000 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits: 1-Unit Structures for Minnesota - last updated from the United States Federal Reserve on September of 2025.

New Private Housing Authorized by Building Permits for Colorado was 2456.98813 Units in July of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits for Colorado reached a record high of 5581.48711 in August of 2021 and a record low of 589.82469 in December of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits for Colorado - last updated from the United States Federal Reserve on October of 2025.

New Private Housing Authorized by Building Permits: 1-Unit Structures for Florida was 9605.00000 Units in March of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits: 1-Unit Structures for Florida reached a record high of 20044.00000 in August of 2005 and a record low of 1694.00000 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits: 1-Unit Structures for Florida - last updated from the United States Federal Reserve on August of 2025.

New Private Housing Authorized by Building Permits for Montana was 325.81743 Units in July of 2025, according to the United States Federal Reserve. Historically, New Private Housing Authorized by Building Permits for Montana reached a record high of 986.59017 in November of 2021 and a record low of 26.92183 in February of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for New Private Housing Authorized by Building Permits for Montana - last updated from the United States Federal Reserve on September of 2025.