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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
FMI Corporation. (April 30, 2024). New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/226493/value-of-us-single-family-building-construction/
FMI Corporation. "New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)." Chart. April 30, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/226493/value-of-us-single-family-building-construction/
FMI Corporation. (2024). New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/226493/value-of-us-single-family-building-construction/
FMI Corporation. "New Single Family Construction Spending in The United States from 2005 to 2023, with Forecasts until 2028 (in Billion Current U.S. Dollars)." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/226493/value-of-us-single-family-building-construction/
FMI Corporation, New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) Statista, https://www.statista.com/statistics/226493/value-of-us-single-family-building-construction/ (last visited November 03, 2024)
New single family construction spending in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) [Graph], FMI Corporation, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/226493/value-of-us-single-family-building-construction/
