Value single family construction put in place U.S. 2005-2023 with forecasts to 2028

Published by
Fernando de Querol Cumbrera
,
Mar 28, 2025

Single-family housing construction in the U.S. fell by nearly 62 billion U.S. dollars in 2023, but it is expected to increase slightly in 2024. During the coming years, the overall spending on new residential construction in the United States is also expected to recover from a decrease in value experienced in 2023 and 2024.

New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)

CharacteristicValue in billion current U.S. dollars
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Statistic: New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)

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Release date

April 2024

Region

United States

Survey time period

2005 to 2023

Special properties

*Forecasts.

Supplementary notes

The figures have been taken from several publications.

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