New Private Housing Units Authorized by Building Permits
: 1422 (As of 2025-04-01) NEW
Basic Info
New Private Housing Units Authorized by Building Permits measures the number of new residential construction projects that have received official approval through building permits within a specified period. The metric is calculated by counting the total number of permits issued by local governments for the construction of new private housing units, including single-family homes and multi-family dwellings such as apartments and condominiums. A rise in the number of building permits suggests increased confidence among builders and developers in the housing market, potentially leading to more housing starts and future construction activity.
Monthly, seasonally adjusted annually.
New Private Housing Units Authorized by Building Permits was 1422 as of 2025-04-01, according to United States Census Bureau. Historically, New Private Housing Units Authorized by Building Permits reached a record high of 2419 and a record low of 513, the median value is 1363. Typical value range is from 1240 to 1629. The Year-Over-Year growth is -1.25%. GuruFocus provides the current actual value, an historical data chart and related indicators for New Private Housing Units Authorized by Building Permits - last updated on 2025-04-01.
Category | Production & Business Activity |
Region | USA |
Source | United States Census Bureau |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 1422 | ||
Latest Period | 2025-04-01 | ||
Long Term Average | 1,434.58 | ||
Average Annualized Growth Rate | +0.41% | ||
Value from 1 year ago | 1440 | ||
Change from 1 year ago | -1.25% | ||
Frequency | Daily | ||
Unit | Thousands | ||
Download Source | source link |