Graph and download economic data for New Private Housing Units Authorized by Building Permits for Utah (UTBPPRIV) from Jan 1988 to Jun 2025 about UT, permits, buildings, new, private, housing, and USA.

Picture of Subsidized Households describes the households living in HUD-subsidized housing in Utah. This page provides characteristics of assisted housing units and residents, summarized at the county levels as downloadable files.

United States Utah: Gen Exp: Housing & Community Development data was reported at 349,488.000 USD th in 2015. This records an increase from the previous number of 311,819.000 USD th for 2014. United States Utah: Gen Exp: Housing & Community Development data is updated yearly, averaging 98,842.000 USD th from Jun 1977 (Median) to 2015, with 37 observations. The data reached an all-time high of 396,365.000 USD th in 2010 and a record low of 375.000 USD th in 1977. United States Utah: Gen Exp: Housing & Community Development data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F053: Revenue & Expenditure: State and Local Government: Utah.

United States Utah: GR: OS: CM: Charges: Housing & Community Development data was reported at 19,913.000 USD th in 2015. This records a decrease from the previous number of 21,996.000 USD th for 2014. United States Utah: GR: OS: CM: Charges: Housing & Community Development data is updated yearly, averaging 8,149.000 USD th from Jun 1977 (Median) to 2015, with 37 observations. The data reached an all-time high of 30,095.000 USD th in 2012 and a record low of 0.000 USD th in 1977. United States Utah: GR: OS: CM: Charges: Housing & Community Development data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F053: Revenue & Expenditure: State and Local Government: Utah.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting *** U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.