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North America

US Residential Construction

July 2025 

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Last update:

New privately-owned authorized housing units by building permits in US varied by -2.80% in July 2025 in a monthly basis. Over the last 12 months, this indicator varied by -5.71%.

Additionally, new housing starts and new housing units under construction experienced an annual variation of +12.89% and -12.40% respectively:

Data from US Census Gov Bureau - New Residential Construction
May 2025June 2025July 2025
New Housing Units Authorized in Permits-0.92%-4.65%-5.71%
New Housing Units Completed-1.22%-22.88%-13.46%
New Housing Units Started-2.58%+2.34%+12.89%
New Housing Units Under Construction-14.25%-13.74%-12.40%
New Housing Units Authorized in PermitsNew Housing Units Under Construction
Percentage Annual VariationShaded area = recession

Uncovered Value