Observations
Feb 2025: 11.2 | Percent Change, Seasonally Adjusted Annual Rate | Monthly
Updated: Mar 18, 2025 7:32 AM CDT
Observations
Feb 2025: | 11.2 | |
Jan 2025: | -11.5 | |
Dec 2024: | 16.9 | |
Nov 2024: | -2.9 | |
Oct 2024: | -0.8 | |
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Units:
Frequency:
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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:
As provided by the Census, start occurs when excavation begins for the footings or foundation of a building. All housing units in a multifamily building are defined as being started when this excavation begins. Beginning with data for September 1992, estimates of housing starts include units in structures being totally rebuilt on an existing foundation.
Suggested Citation:
U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Privately-Owned Housing Units Started: Total Units [HOUST], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HOUST, March 19, 2025.
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