Federal Reserve Economic Data

New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Units in Buildings with 5 Units or More (PERMIT5)

Observations

Q4 2025: .
Updated: Jan 27, 2026 7:02 AM CST
Next Release Date: Feb 18, 2026
Q4 2025:  .  
Q3 2025:  2.2  
Q2 2025:  5.9  
Q1 2025:  -7.9  
Q4 2024:  -5.4  
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Units:

Percent Change from Year Ago,
Seasonally Adjusted Annual Rate

Frequency:

Quarterly,
Average

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Notes

Source: U.S. Census Bureau  

Source: U.S. Department of Housing and Urban Development  

Release: New Residential Construction  

Units:  Thousands of Units, Seasonally Adjusted Annual Rate

Frequency:  Monthly

Notes:

Starting with the 2005-02-16 release, the series reflects an increase in the universe of permit-issuing places from 19,000 to 20,000 places.

Suggested Citation:

U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Units in Buildings with 5 Units or More [PERMIT5], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PERMIT5, .

Release Tables

New Residential Construction

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Monthly, Not Seasonally Adjusted

Related Categories

Housing Units Authorized by Building Permits Housing Production & Business Activity

Releases

More Series from New Residential Construction

Tags

5-Unit Structures + New Residential Construction Housing and Urban Development Permits Buildings New Housing Private Seasonally Adjusted Census Monthly Nation Public Domain: Citation Requested United States of America

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