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North America

US Residential Construction

February 2025 

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Last update: Mar 29, 2025, 9:33 PM

New privately-owned authorized housing units by building permits in US varied by -0.95% in February 2025 in a monthly basis. Over the last 12 months, this indicator varied by -6.65%.

Additionally, new housing starts and new housing units under construction experienced an annual variation of -2.91% and -14.79% respectively:

Data from US Census Gov Bureau - New Residential Construction
December 2024January 2025February 2025
New Housing Units Authorized in Permits-3.14%-2.32%-6.65%
New Housing Units Completed-1.80%+10.31%-6.24%
New Housing Units Started-2.68%-1.89%-2.91%
New Housing Units Under Construction-14.89%-15.57%-14.79%
New Housing Units Authorized in PermitsNew Housing Units Under Construction
Percentage Annual VariationShaded area = recession

Uncovered Value