In 2021, close to ten percent of the ***** million homes in the United States were from the first decade of the 21st century. Between 2000 and 2009, approximately **** million homes were constructed.

The largest share of the housing stock in the United States as of 2021 was built between 1975 and 1979. There were **** million homes built during this period, whereas the homes built between 2016 and 2019 were less than ***********.

Housing Starts in the United States increased to 1321 Thousand units in June from 1263 Thousand units in May 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 June 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.

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 Estimate: Total Housing Units in the United States (ETOTALUSQ176N) from Q2 2000 to Q2 2025 about inventories, housing, and USA.

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

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 Number of New Private Nonfarm Housing Units Started for United States (A0261AUSA610NNBR) from 1889 to 1945 about housing starts, nonfarm, new, private, housing, and USA.

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

The number of single-family houses with decks only completed in the U.S. has risen since 2012, peaking in 2021. About ****** single-family houses where the only outdoor features was a deck were completed in 2023, up from ****** in 2011 - the year with the lowest value recorded. Features such as patios, porches, or decks are have been on the rise, showing that they are popular among homebuyers. Patio and porch was the most popular outdoor features combination for new single-family homes in 2023. The number of residential real estate completions has risen slowly since 2010, but the decline in the issuance of new building permits in 2023 shows that new supply is likely to decline in the future.

New Home Sales in the United States increased to 627 Thousand units in June from 623 Thousand units in May 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.

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.

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

The number of single-family houses with outdoor features such as decks, porches and patios completed in the U.S. has risen gradually since 2011, peaking in 2023. Nearly *********** single-family houses with outdoor features were completed in 2023, up from ******* in 2011 - the year with the lowest value recorded. Features such as patios, porches, or decks are have been on the rise, showing that they are popular among homebuyers. Patio and porch was the most popular outdoor features combination for new single-family homes in 2023. The number of residential real estate completions has risen slowly since 2010, but the decline in the issuance of new building permits in 2023 shows that new supply is likely to decline in the future.

Graph and download economic data for New Privately-Owned Housing Units Started: Units in Buildings with 5 Units or More (HOUST5F) from Jan 1959 to Jun 2025 about 5-unit structures +, housing starts, privately owned, housing, and USA.

Total Housing Inventory in the United States decreased to 1530 Thousands in June from 1540 Thousands in May of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

Graph and download economic data for New One Family Houses Sold: United States (HSN1F) from Jan 1963 to Jun 2025 about 1-unit structures, headline figure, family, new, sales, housing, and USA.

Housing Starts Multi Family in the United States increased to 414 Thousand units in June from 317 Thousand units in May of 2025. This dataset includes a chart with historical data for the United States Housing Starts Multi Family.

The number of single-family houses with decks and porches completed in the U.S. rose gradually between 2012 and 2018, followed by a slight decline until 2023. About ****** single-family houses with decks and porches were completed in 2023, down from ****** in 2018 - the year with the highest value recorded. Features such as patios, porches, or decks are have been on the rise, showing that they are popular among homebuyers. Patio and porch was the most popular outdoor features combination for new single-family homes in 2023. The number of residential real estate completions has risen slowly since 2010, but the decline in the issuance of new building permits in 2023 shows that new supply is likely to decline in the future.