FOR RELEASE AT 8:30 AM EST, WEDNESDAY, DECEMBER 18, 2024

MONTHLY NEW RESIDENTIAL CONSTRUCTION, NOVEMBER 2024

Release Number: CB24-206

Notice of methodology change: With the January New Residential Construction release on February 19, 2025, the Building
Permits survey will make modifications to the methodology for imputation. The current process calculates imputation factors by
region and the new process will calculate factors at a mix of division and large individual states. For additional details on this
change, see our imputation section of our methodology page.

December 18, 2024 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced
the following new residential construction statistics for November 2024:

NEW RESIDENTIAL New Residential Construction

CONSTRUCTION (Seasonally Adjusted Annual Rate)
2,100
NOVEMBER 2024 1,800

Thousands of Units
Building Permits: 1,505,000 1,500
1,200
Housing Starts: 1,289,000
900
Housing Completions: 1,601,000 Permits
600
Next Release: January 17, 2025 Starts
300 Completions
Seasonally Adjusted Annual Rate (SAAR) 0
Source: U.S. Census Bureau, HUD, December 18, 2024 Nov-19 Nov-20 Nov-21 Nov-22 Nov-23 Nov-24
Source: U.S. Census Bureau, HUD, December 18, 2024

Building Permits
Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate
of 1,505,000. This is 6.1 percent above the revised October rate of 1,419,000, but is 0.2 percent below the November 2023 rate
of 1,508,000. Single-family authorizations in November were at a rate of 972,000; this is 0.1 percent above the revised October
figure of 971,000. Authorizations of units in buildings with five units or more were at a rate of 481,000 in November.

Housing Starts
Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000. This is 1.8 percent (±10.6
percent)* below the revised October estimate of 1,312,000 and is 14.6 percent (±11.7 percent) below the November 2023 rate
of 1,510,000. Single-family housing starts in November were at a rate of 1,011,000; this is 6.4 percent (±10.8 percent)* above
the revised October figure of 950,000. The November rate for units in buildings with five units or more was 264,000.

Housing Completions
Privately-owned housing completions in November were at a seasonally adjusted annual rate of 1,601,000. This is 1.9 percent
(±9.2 percent)* below the revised October estimate of 1,632,000, but is 9.2 percent (±12.9 percent)* above the November 2023
rate of 1,466,000. Single-family housing completions in November were at a rate of 1,038,000; this is 3.3 percent (±8.7
percent)* above the revised October rate of 1,005,000. The November rate for units in buildings with five units or more was
544,000.

Data Inquiries Media Inquiries

Economic Indicators Division, Residential Construction Branch Public Information Office
301-763-5160 301-763-3030
eid.rcb.customer.service@census.gov pio@census.gov
The December report is scheduled for release on January 17, 2025. View the full schedule in the Economic Briefing Room:
<www.census.gov/economic-indicators/>. The full text and tables for this release can be found at
<www.census.gov/construction/nrc/>.

EXPLANATORY NOTES
In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often
show movements which may be irregular. It may take three months to establish an underlying trend for building permit
authorizations, six months for total starts, and six months for total completions. The statistics in Table 1 in this release are based
on a non-probability sample and not subject to sampling error. They are, however, still subject to nonsampling error. The total
quantity response rate for these estimates is 76.4%. The statistics in Tables 2-5 in this release are estimated from sample
surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response,
nonreporting, and undercoverage. Estimated relative standard errors of the most recent data are shown in the tables.
Whenever a statement such as “2.5 percent (±3.2 percent) above” appears in the text, this indicates the range (-0.7 to +5.7
percent) in which the actual percentage change is likely to have occurred. All ranges given for percentage changes are 90
percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically
significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase
or decrease. The same policies apply to the confidence intervals for percentage changes shown in the tables. On average, the
preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised 2.2
percent or less. Explanations of confidence intervals and sampling variability can be found on our website.
<www.census.gov/construction/nrc/methodology.html>

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of
the confidential source data (Disclosure Review Board (DRB) approval number: CBDRB-FY24-0281).

API
The Census Bureau’s application programming interface lets developers create custom apps to reach new users and makes key
demographic, socio-economic and housing statistics more accessible than ever before.
<www.census.gov/developers/>

FRED Mobile App

Receive the latest updates on the nation’s key economic indicators by downloading the
FRED App <https://fred.stlouisfed.org/fred-mobile/> for both Apple and Android devices.
FRED, the signature database of the Federal Reserve Bank of St. Louis, now incorporates
the Census Bureau’s 13 economic indicators.

###

* The 90 percent confidence interval includes zero. In such cases, there is insufficient statistical evidence to conclude that the actual change is different from
zero.

Data Inquiries Media Inquiries

Economic Indicators Division, Residential Construction Branch Public Information Office
301-763-5160 301-763-3030
eid.rcb.customer.service@census.gov pio@census.gov
New Privately-Owned Housing Units Authorized in Permit-Issuing Places
(Thousands of Units. Detail may not add to total because of rounding.)

Table 1a - Seasonally adjusted annual rate

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 1,508 999 50 459 116 58 197 123 803 596 392 222
December . . . . . . . . . . . . . . . . . . . . . . . . . 1,530 1,017 51 462 129 52 203 126 864 610 334 229

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,508 1,031 51 426 147 59 213 123 800 608 348 241
February . . . . . . . . . . . . . . . . . . . . . . . . . . 1,563 1,027 57 479 214 60 237 141 794 603 318 223
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,485 984 52 449 146 56 204 133 794 577 341 218
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,440 977 56 407 152 61 166 119 828 589 294 208
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,399 956 57 386 120 58 180 114 779 577 320 207
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,454 939 49 466 117 61 207 121 810 555 320 202
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,406 941 49 416 141 59 184 117 773 565 308 200
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,470 967 57 446 145 65 206 122 815 575 304 205
September . . . . . . . . . . . . . . . . . . . . . . . . 1,425 963 57 405 127 60 201 129 766 555 331 219
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 1,419 971 54 394 142 65 196 128 755 563 326 215
November (p) . . . . . . . . . . . . . . . . . . . . . 1,505 972 52 481 158 58 217 128 798 573 332 213
1
Percent Change
Nov. 2024 from Oct. 2024 . . . . . . . . . . . 6.1% 0.1% -3.7% 22.1% 11.3% -10.8% 10.7% 0.0% 5.7% 1.8% 1.8% -0.9%
Nov. 2024 from Nov. 2023 . . . . . . . . . . . -0.2% -2.7% 4.0% 4.8% 36.2% 0.0% 10.2% 4.1% -0.6% -3.9% -15.3% -4.1%

Table 1b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2022 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,680.4 973.9 55.2 651.3 156.8 61.5 220.8 121.5 909.3 577.2 393.5 213.6
2023 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,511.1 920.0 54.7 536.4 140.8 55.5 195.1 114.0 829.9 556.5 345.3 194.0
2023 Year to date . . . . . . . . . . . . . . . . . . 1,387.1 845.2 50.6 491.4 126.4 51.4 179.2 105.5 762.7 510.1 318.8 178.2
2024 Year to date . . . . . . . . . . . . . . . . . . 1,358.3 912.8 50.3 395.2 130.5 56.0 187.8 117.4 743.5 541.2 296.5 198.2
Year to date percent change¹ . . . . . . . . -2.1% 8.0% -0.6% -19.6% 3.2% 9.0% 4.8% 11.3% -2.5% 6.1% -7.0% 11.2%
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 112.6 71.1 3.9 37.7 9.1 4.4 15.6 8.9 57.5 42.0 30.4 15.8
December . . . . . . . . . . . . . . . . . . . . . . . . . 110.3 66.3 3.6 40.4 11.7 3.6 12.3 7.0 60.4 40.3 25.9 15.3

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 114.8 75.9 3.7 35.1 10.7 4.4 12.3 6.6 66.7 48.0 25.1 17.0
February . . . . . . . . . . . . . . . . . . . . . . . . . . 119.1 79.4 4.1 35.6 14.3 4.2 14.3 8.8 64.9 49.5 25.6 16.9
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124.3 85.2 4.3 34.8 12.4 4.4 15.9 10.6 67.2 51.2 28.8 18.9
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.3 93.6 5.0 33.7 12.1 5.6 16.2 12.2 77.5 56.0 26.5 19.8
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.4 94.1 5.2 33.1 10.9 5.8 18.3 11.8 73.2 55.8 30.0 20.6
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125.7 83.7 4.1 37.8 11.8 5.7 18.1 11.2 67.2 48.3 28.6 18.5
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126.5 85.8 4.6 36.1 12.3 5.4 17.3 11.3 69.9 50.7 27.1 18.5
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131.9 86.1 5.3 40.5 12.6 6.0 19.8 11.6 72.6 50.1 26.9 18.3
September . . . . . . . . . . . . . . . . . . . . . . . . 113.5 76.7 4.7 32.1 10.1 5.1 18.3 11.6 59.1 43.0 25.9 17.0
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 125.1 84.4 4.9 35.8 11.1 5.8 20.5 12.6 65.6 47.9 27.8 18.1
November (p) . . . . . . . . . . . . . . . . . . . . . 108.4 66.4 3.9 38.1 12.6 4.3 16.6 9.0 54.5 38.7 24.7 14.5
p Preliminary
r Revised
S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards
X Not applicable
1
Computed using unrounded data
Note: Year-to-date permits estimates reflect revisions not distrubuted to months.

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, December 18, 2024.
Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/methodology.html>.
New Privately-Owned Housing Units Authorized, but Not Started, at End of Period
(Thousands of Units. Detail may not add to total because of rounding.)

Table 2a - Seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 280 139 S 136 35 14 19 11 157 81 69 33
December . . . . . . . . . . . . . . . . . . . . . . . . . 265 140 S 120 29 14 19 12 152 83 65 31

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 267 142 S 120 30 13 21 12 151 86 65 31
February . . . . . . . . . . . . . . . . . . . . . . . . . . 266 140 S 122 33 12 21 13 148 83 64 32
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 275 139 S 131 38 14 20 12 151 81 66 32
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 274 139 S 129 41 15 21 12 147 81 65 31
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 271 138 S 127 38 15 22 11 149 83 62 29
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 276 136 S 133 39 15 25 12 147 80 65 29
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 286 144 S 134 39 15 26 12 154 87 67 30
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 284 145 S 133 39 14 24 12 156 88 65 31
September (r) . . . . . . . . . . . . . . . . . . . . . . 286 143 S 137 35 12 27 13 156 86 68 32
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 278 143 S 129 34 13 26 13 155 87 63 30
November (p) . . . . . . . . . . . . . . . . . . . . . 295 144 S 144 34 13 28 13 164 86 69 32
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 6 6 X 10 25 24 11 11 7 9 10 10
Percent Change2
Nov. 2024 from Oct. 2024 . . . . . . . . . . . 6.1% 0.7% S 11.6% 0.0% 0.0% 7.7% 0.0% 5.8% -1.1% 9.5% 6.7%
3
. 90 percent confidence interval . . . . . . ± 2.7 ± 3.9 X ± 4.6 ± 10.8 ± 6.3 ± 10.7 ± 13.9 ± 3.8 ± 6.0 ± 4.2 ± 7.7
Nov. 2024 from Nov. 2023 . . . . . . . . . . . 5.4% 3.6% S 5.9% -2.9% -7.1% 47.4% 18.2% 4.5% 6.2% 0.0% -3.0%
. 90 percent confidence interval 3 . . . . . . ± 10.3 ± 10.8 X ± 15.3 ± 30.4 ± 31.2 ± 30.0 ± 20.6 ± 15.5 ± 16.5 ± 12.0 ± 15.2

Table 2b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 270.7 134.0 5.4 131.2 33.1 13.9 17.7 9.6 153.1 80.1 66.8 30.5
December . . . . . . . . . . . . . . . . . . . . . . . . . 261.2 132.4 4.7 124.1 29.7 13.0 17.1 9.5 150.2 80.7 64.2 29.1

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 268.4 138.3 4.7 125.5 30.6 12.6 21.0 10.6 153.2 84.7 63.5 30.3
February . . . . . . . . . . . . . . . . . . . . . . . . . . 270.8 139.4 4.0 127.4 34.8 12.1 21.7 12.9 149.5 82.6 64.8 31.8
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 278.5 140.9 5.2 132.4 39.3 14.0 21.8 13.6 149.4 80.3 68.0 33.0
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279.9 142.2 5.7 132.0 40.7 15.7 25.1 13.3 147.7 81.1 66.5 32.2
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279.4 145.7 6.5 127.2 39.2 15.3 24.5 13.1 150.6 85.8 65.1 31.5
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 276.0 138.7 6.5 130.8 40.9 15.5 24.9 13.1 144.9 79.4 65.2 30.7
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 282.7 144.7 7.5 130.4 38.9 15.3 25.1 12.0 152.9 87.7 65.7 29.7
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 283.5 146.1 6.0 131.4 37.0 14.0 24.1 12.0 157.7 89.3 64.7 30.9
September (r) . . . . . . . . . . . . . . . . . . . . . . 279.0 139.4 6.1 133.5 32.3 11.6 26.2 12.7 154.9 84.8 65.6 30.2
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 281.1 145.0 6.3 129.8 30.9 12.4 24.4 12.7 161.5 89.9 64.4 29.9
November (p) . . . . . . . . . . . . . . . . . . . . . 284.4 138.2 7.0 139.3 32.2 12.7 25.9 11.5 160.3 84.3 66.0 29.7
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 6 6 24 10 25 24 11 11 7 9 10 10
p Preliminary
r Revised
S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards
X Not applicable
1
Average relative standard error for the latest 6-month period
2
Computed using unrounded data
3
See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals
Note: These data represent the number of housing units authorized in all months up to and including the last day of the reporting period and not started
as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired, and revoked permits are excluded.

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, December 18, 2024.
Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/methodology.html>.
New Privately-Owned Housing Units Started
(Thousands of Units. Detail may not add to total because of rounding.)

Table 3a - Seasonally adjusted annual rate

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 1,510 1,126 S 371 129 72 203 168 818 631 360 255
December . . . . . . . . . . . . . . . . . . . . . . . . . 1,568 1,078 S 471 128 59 202 126 852 628 386 265

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,376 1,011 S 347 133 69 139 112 754 579 350 251
February . . . . . . . . . . . . . . . . . . . . . . . . . . 1,546 1,134 S 396 119 82 239 152 863 669 325 231
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,299 1,041 S 251 96 67 154 135 732 615 317 224
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,377 1,037 S 334 103 63 182 142 806 617 286 215
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,315 992 S 305 100 70 149 108 737 576 329 238
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,329 983 S 329 120 71 171 112 746 598 292 202
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,262 861 S 376 173 57 180 128 638 465 271 211
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,379 1,006 S 339 120 85 206 137 763 564 290 220
September (r) . . . . . . . . . . . . . . . . . . . . . . 1,355 1,045 S 295 165 94 177 131 727 594 286 226
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 1,312 950 S 348 104 60 220 137 660 525 328 228
November (p) . . . . . . . . . . . . . . . . . . . . . 1,289 1,011 S 264 115 46 158 132 727 621 289 212
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 6 6 X 17 21 18 11 10 9 8 10 10
Percent Change2
Nov. 2024 from Oct. 2024 . . . . . . . . . . . -1.8% 6.4% S -24.1% 10.6% -23.3% -28.2% -3.6% 10.2% 18.3% -11.9% -7.0%
3
. 90 percent confidence interval . . . . . . ± 10.6 ± 10.8 X ± 25.8 ± 55.3 ± 16.0 ± 18.5 ± 17.8 ± 17.1 ± 17.8 ± 19.6 ± 22.3
Nov. 2024 from Nov. 2023 . . . . . . . . . . . -14.6% -10.2% S -28.8% -10.9% -36.1% -22.2% -21.4% -11.1% -1.6% -19.7% -16.9%
. 90 percent confidence interval 3 . . . . . . ± 11.7 ± 13.1 X ± 23.0 ± 47.1 ± 30.3 ± 21.0 ± 21.3 ± 19.4 ± 21.8 ± 29.3 ± 33.1

Table 3b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2022 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,552.6 1,005.2 16.4 531.0 142.1 63.0 205.8 129.7 834.1 581.3 370.6 231.2
2023 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,420.0 947.7 13.4 458.8 114.8 60.8 184.9 118.0 792.1 564.2 328.2 204.7
. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 32 4 7 8 3 4 2 1 3 3
2023 Year to date . . . . . . . . . . . . . . . . . . 1,311.1 874.9 12.0 424.1 105.8 56.8 172.0 110.7 731.6 520.3 301.7 187.1
2024 Year to date . . . . . . . . . . . . . . . . . . 1,254.7 937.7 15.6 301.5 113.6 64.6 167.9 121.5 689.4 543.7 283.8 207.9
. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 24 8 6 9 4 3 3 2 3 3
Year to date percent change² . . . . . . . . -4.3% 7.2% 30.1% -28.9% 7.3% 13.8% -2.4% 9.7% -5.8% 4.5% -5.9% 11.1%
3
. 90 percent confidence interval . . . . . . ± 2.8 ± 2.9 ± 33.9 ± 6.0 ± 18.2 ± 21.5 ± 6.7 ± 7.4 ± 4.5 ± 4.0 ± 5.2 ± 6.5
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 116.5 84.9 1.1 30.5 11.1 6.4 15.5 12.6 62.0 46.6 28.0 19.4
December . . . . . . . . . . . . . . . . . . . . . . . . . 108.9 72.8 1.4 34.7 9.1 4.0 12.9 7.3 60.4 44.0 26.5 17.6

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 97.9 70.3 1.4 26.1 9.4 4.6 7.2 5.2 57.0 43.8 24.3 16.8
February . . . . . . . . . . . . . . . . . . . . . . . . . . 113.7 82.2 1.2 30.3 7.5 4.7 14.0 7.3 68.2 53.3 24.0 16.8
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109.8 88.8 0.6 20.5 7.6 5.2 11.4 9.9 64.1 54.5 26.7 19.2
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125.7 96.1 0.6 29.0 9.2 5.7 16.6 13.2 72.7 56.3 27.1 20.9
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120.9 91.6 1.7 27.7 9.1 6.4 15.3 11.6 66.6 51.9 29.9 21.7
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123.6 93.3 1.5 28.8 10.8 6.5 17.0 11.9 68.8 55.8 27.0 19.1
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115.3 80.9 2.2 32.2 16.0 6.0 17.8 13.3 56.5 41.7 25.0 19.9
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121.8 89.5 3.0 29.4 10.8 7.7 19.2 13.1 66.1 48.8 25.8 19.7
September (r) . . . . . . . . . . . . . . . . . . . . . . 116.1 89.4 1.3 25.5 14.7 8.5 16.3 12.3 61.1 49.6 24.1 19.0
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 111.8 79.8 1.2 30.8 9.0 5.2 21.1 13.7 54.1 42.1 27.6 18.8
November (p) . . . . . . . . . . . . . . . . . . . . . 98.0 75.8 1.1 21.1 9.4 3.9 12.1 10.0 54.3 45.8 22.2 16.1
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 6 6 44 17 21 18 11 10 9 8 10 10
p Preliminary
r Revised
S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards
X Not applicable
1
Average relative standard error for the latest 6-month period
2
Computed using unrounded data
3
See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, December 18, 2024.
Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/methodology.html>.
New Privately-Owned Housing Units Under Construction at End of Period
(Thousands of Units. Detail may not add to total because of rounding.)

Table 4a - Seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 1,683 680 S 986 210 67 214 92 784 351 475 170
December . . . . . . . . . . . . . . . . . . . . . . . . . 1,679 677 S 985 205 64 214 91 779 348 481 174

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,670 684 S 969 207 65 209 91 777 351 477 177
February . . . . . . . . . . . . . . . . . . . . . . . . . . 1,657 686 S 954 205 66 206 91 774 353 472 176
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,641 692 S 933 208 67 201 91 774 359 458 175
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,611 681 S 915 207 65 196 92 757 351 451 173
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,592 676 S 901 209 66 191 89 745 347 447 174
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,570 661 S 894 211 65 176 84 743 341 440 171
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,547 643 S 888 222 64 178 84 720 328 427 167
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,523 642 S 864 234 66 180 86 689 325 420 165
September (r) . . . . . . . . . . . . . . . . . . . . . . 1,490 644 S 828 230 68 178 86 676 326 406 164
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 1,461 642 S 802 228 66 178 86 660 325 395 165
November (p) . . . . . . . . . . . . . . . . . . . . . 1,434 637 S 780 220 65 174 85 653 327 387 160
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 4 4 X 6 5 12 4 7 5 5 7 8
Percent Change2
Nov. 2024 from Oct. 2024 . . . . . . . . . . . -1.8% -0.8% S -2.7% -3.5% -1.5% -2.2% -1.2% -1.1% 0.6% -2.0% -3.0%
3
. 90 percent confidence interval . . . . . . ± 0.6 ± 1.0 X ± 1.0 ± 2.0 ± 2.0 ± 1.8 ± 2.8 ± 1.1 ± 1.8 ± 1.1 ± 2.0
Nov. 2024 from Nov. 2023 . . . . . . . . . . . -14.8% -6.3% S -20.9% 4.8% -3.0% -18.7% -7.6% -16.7% -6.8% -18.5% -5.9%
. 90 percent confidence interval 3 . . . . . . ± 3.2 ± 4.3 X ± 3.8 ± 7.5 ± 10.3 ± 6.7 ± 7.4 ± 5.8 ± 7.8 ± 4.0 ± 5.1

Table 4b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 1,694.2 687.1 17.1 990.0 211.3 67.5 217.9 95.7 787.5 352.7 477.5 171.2
December . . . . . . . . . . . . . . . . . . . . . . . . . 1,653.9 658.1 17.3 978.5 203.6 63.5 213.5 90.9 763.0 334.6 473.8 169.1

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,647.4 664.6 17.2 965.6 205.6 64.5 206.0 88.1 765.6 340.7 470.3 171.3
February . . . . . . . . . . . . . . . . . . . . . . . . . . 1,635.4 664.2 17.4 953.8 203.6 64.2 200.1 84.9 764.9 344.1 466.8 171.0
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,624.6 673.4 15.9 935.3 207.1 65.7 195.2 85.3 767.3 351.0 455.1 171.4
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,609.1 673.0 15.0 921.1 207.1 64.5 192.4 87.3 757.8 349.0 451.7 172.2
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,598.6 676.6 15.3 906.8 209.7 65.4 190.7 87.9 749.3 348.5 448.9 174.7
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,586.0 671.3 15.0 899.7 211.1 64.5 178.4 85.2 752.3 348.0 444.2 173.5
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,565.4 658.6 16.4 890.4 223.2 64.4 181.1 87.0 729.3 335.8 431.7 171.3
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,537.0 657.0 17.2 862.8 234.0 66.4 183.0 88.8 696.5 332.9 423.5 168.9
September (r) . . . . . . . . . . . . . . . . . . . . . . 1,504.9 661.2 17.6 826.1 231.1 69.7 181.2 89.2 683.4 334.3 409.2 168.0
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 1,470.9 653.6 17.4 799.9 228.9 67.4 181.8 90.2 664.3 329.7 395.9 166.3
November (p) . . . . . . . . . . . . . . . . . . . . . 1,438.2 642.5 17.1 778.7 221.4 66.4 176.7 87.8 652.5 327.2 387.7 161.1
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 4 4 18 6 5 12 4 7 5 5 7 8
p Preliminary
r Revised
S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards
X Not applicable
1
Average relative standard error for the latest 6-month period
2
Computed using unrounded data
3
See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, December 18, 2024.
Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/methodology.html>.
New Privately-Owned Housing Units Completed
(Thousands of Units. Detail may not add to total because of rounding.)

Table 5a - Seasonally adjusted annual rate

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 1,466 970 S 479 102 55 173 113 879 591 312 211
December . . . . . . . . . . . . . . . . . . . . . . . . . 1,557 1,024 S 521 143 74 204 125 884 617 326 208

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,504 902 S 583 91 46 239 111 800 549 374 196
February . . . . . . . . . . . . . . . . . . . . . . . . . . 1,698 1,077 S 608 124 68 260 152 957 637 357 220
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,491 939 S 526 88 44 186 126 830 553 387 216
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,659 1,131 S 513 152 99 220 136 937 654 350 242
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,557 1,032 S 512 100 67 207 129 875 618 375 218
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,725 1,072 S 633 154 63 324 158 900 639 347 212
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,640 1,098 S 536 107 62 219 131 910 651 404 254
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,763 1,030 S 715 129 62 199 131 1,078 601 357 236
September (r) . . . . . . . . . . . . . . . . . . . . . . 1,673 1,009 S 652 176 63 205 131 858 576 434 239
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 1,632 1,005 S 612 158 78 211 130 807 568 456 229
November (p) . . . . . . . . . . . . . . . . . . . . . 1,601 1,038 S 544 195 51 180 141 871 595 355 251
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 7 5 X 15 17 21 12 12 10 8 12 9
Percent Change2
Nov. 2024 from Oct. 2024 . . . . . . . . . . . -1.9% 3.3% S -11.1% 23.4% -34.6% -14.7% 8.5% 7.9% 4.8% -22.1% 9.6%
3
. 90 percent confidence interval . . . . . . ± 9.2 ± 8.7 X ± 18.4 ± 53.0 ± 31.4 ± 16.6 ± 27.5 ± 13.7 ± 12.3 ± 23.7 ± 20.5
Nov. 2024 from Nov. 2023 . . . . . . . . . . . 9.2% 7.0% S 13.6% 91.2% -7.3% 4.0% 24.8% -0.9% 0.7% 13.8% 19.0%
. 90 percent confidence interval 3 . . . . . . ± 12.9 ± 11.1 X ± 41.5 ± 128.3 ± 35.0 ± 20.9 ± 30.2 ± 15.9 ± 14.6 ± 23.8 ± 22.9

Table 5b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2022 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,390.5 1,022.0 9.4 359.1 115.4 59.8 197.2 136.5 747.0 593.1 330.9 232.6
2023 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,448.8 998.9 11.7 438.3 116.2 61.3 192.0 126.2 809.6 597.7 331.0 213.6
. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 26 6 7 7 4 3 3 3 4 3
2023 Year to date . . . . . . . . . . . . . . . . . . 1,302.0 898.2 10.6 393.2 102.8 53.8 173.3 114.4 725.0 536.2 301.0 193.8
2024 Year to date . . . . . . . . . . . . . . . . . . 1,480.5 930.9 14.4 535.2 121.5 58.0 202.8 122.1 808.3 542.9 347.9 207.9
. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 25 7 5 9 5 5 3 2 4 2
Year to date percent change² . . . . . . . . 13.7% 3.6% 35.9% 36.1% 18.2% 7.8% 17.1% 6.7% 11.5% 1.3% 15.6% 7.3%
3
. 90 percent confidence interval . . . . . . ± 4.4 ± 3.4 ± 48.1 ± 14.7 ± 17.0 ± 11.1 ± 11.1 ± 8.3 ± 5.9 ± 5.1 ± 8.6 ± 4.7
2023
November . . . . . . . . . . . . . . . . . . . . . . . . . 117.7 79.7 1.3 36.8 8.3 4.7 14.7 10.1 69.7 47.6 25.0 17.3
December . . . . . . . . . . . . . . . . . . . . . . . . . 146.8 100.6 1.0 45.1 13.5 7.5 18.7 11.8 84.7 61.5 30.0 19.8

2024
January . . . . . . . . . . . . . . . . . . . . . . . . . . . 103.4 61.8 1.3 40.3 6.3 3.2 16.3 7.4 55.3 37.9 25.5 13.2
February . . . . . . . . . . . . . . . . . . . . . . . . . . 124.4 81.6 0.9 41.9 8.4 4.6 18.0 10.6 72.8 50.7 25.2 15.7
March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122.5 78.9 2.1 41.5 6.6 3.1 14.2 9.4 71.2 49.3 30.5 16.9
April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.1 91.0 1.2 39.9 11.0 6.9 17.2 10.6 76.0 54.0 28.0 19.5
May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134.3 86.2 1.2 46.9 8.8 5.7 17.7 10.6 75.1 51.5 32.8 18.4
June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152.3 93.1 1.8 57.4 14.2 6.0 29.1 14.0 77.8 54.1 31.2 19.0
July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144.4 91.3 0.6 52.5 10.1 5.7 19.6 10.9 78.9 53.5 35.9 21.2
August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 158.1 89.3 1.7 67.1 11.8 5.6 17.8 11.4 95.6 50.8 32.9 21.5
September (r) . . . . . . . . . . . . . . . . . . . . . . 139.5 84.6 1.0 53.9 14.1 4.8 18.3 12.1 70.6 47.2 36.6 20.5
October (r) . . . . . . . . . . . . . . . . . . . . . . . . 141.4 86.8 1.3 53.3 14.8 7.8 19.2 12.2 66.8 46.0 40.6 20.8
November (p) . . . . . . . . . . . . . . . . . . . . . 128.0 86.2 1.4 40.5 15.3 4.6 15.7 12.7 68.3 47.8 28.8 21.1
1
. Average RSE (%) . . . . . . . . . . . . . . . . . 7 5 42 15 17 21 12 12 10 8 12 9
p Preliminary
r Revised
S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards
X Not applicable
1
Average relative standard error for the latest 6-month period
2
Computed using unrounded data
3
See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, December 18, 2024.
Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/methodology.html>.