US Residential Construction
May 2025
*
Last update:New privately-owned authorized housing units by building permits in US varied by -1.97% in May 2025 in a monthly basis. Over the last 12 months, this indicator varied by -0.92%.
Additionally, new housing starts and new housing units under construction experienced an annual variation of -4.56% and -13.68% respectively:
| March 2025 | April 2025 | May 2025 | |
| New Housing Units Authorized in Permits | -0.27% | -1.25% | -0.92% |
| New Housing Units Completed | +5.03% | -12.72% | -2.25% |
| New Housing Units Started | +4.30% | +1.09% | -4.56% |
| New Housing Units Under Construction | -14.63% | -13.47% | -13.68% |
New Housing Units Authorized in PermitsNew Housing Units Under Construction
Percentage Annual VariationShaded area = recession