Housing construction in the United States plummeted between 2006 and 2010, followed by a gradual increase until 2021. In early 2022, the number of new building permits and construction starts rose to one of the highest levels since 2006. As the economic environment worsened and construction material prices soared, however, permits issuance and building starts slowed. As of December 2024, the 12-month rolling number of new privately owned housing units completed amounted to almost 1.54 million, while the number of units started was 1.5 million.
Residential real estate construction supply in the United States from January 2000 to December 2024, by stage
(in million units)
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Residential real estate construction supply in the United States from January 2000 to December 2024, by stage
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Statista. (January 22, 2025). Residential real estate construction supply in the United States from January 2000 to December 2024, by stage (in million units) [Graph]. In Statista. Retrieved February 17, 2025, from https://www.statista.com/statistics/1378715/residential-construction-supply-usa-by-stage/
Statista. "Residential real estate construction supply in the United States from January 2000 to December 2024, by stage (in million units)." Chart. January 22, 2025. Statista. Accessed February 17, 2025. https://www.statista.com/statistics/1378715/residential-construction-supply-usa-by-stage/
Statista. (2025). Residential real estate construction supply in the United States from January 2000 to December 2024, by stage (in million units). Statista. Statista Inc.. Accessed: February 17, 2025. https://www.statista.com/statistics/1378715/residential-construction-supply-usa-by-stage/
Statista. "Residential Real Estate Construction Supply in The United States from January 2000 to December 2024, by Stage (in Million Units)." Statista, Statista Inc., 22 Jan 2025, https://www.statista.com/statistics/1378715/residential-construction-supply-usa-by-stage/
Statista, Residential real estate construction supply in the United States from January 2000 to December 2024, by stage (in million units) Statista, https://www.statista.com/statistics/1378715/residential-construction-supply-usa-by-stage/ (last visited February 17, 2025)
Residential real estate construction supply in the United States from January 2000 to December 2024, by stage (in million units) [Graph], Statista, January 22, 2025. [Online]. Available: https://www.statista.com/statistics/1378715/residential-construction-supply-usa-by-stage/
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