Highlights. New house starts in 2024 are 4.99% lower than their previous 120-month average.
- 72.4% of new house starts are single family homes; most new house starts (60.3%) are in the Southern region.
- In 2023, there were 1.420 million nonseasonally adjusted new house starts; seasonally adjusted housing starts totaled 1.460 million.*
- House starts in 2023 were down 8.55% year-over-year (YoY).
- 66.7% of new house starts were single family homes, up 3.09% YoY.
- Single-family home builds were down 19.6% from 2005 (as a share of all house starts).
- The ratio of new house starts to permits issued was 96.6% in 2023.
*All data are not adjusted unless otherwise noted. Nonadjusted statistics represent true data; seasonal adjustment compensates for annual peaks and valleys in the real estate construction market and more accurately reflects market health.
Month | Permits | Starts |
---|---|---|
Feb ’24 | 118,300 | 108,100 |
Jan ’24 | 114,800 | 97,400 |
Dec ’23 | 104,900 | 108,900 |
Nov ’23 | 108,800 | 116,500 |
Oct ’23 | 125,300 | 115,100 |
Sep ’23 | 116,700 | 117,000 |
Aug ’23 | 141,800 | 115,800 |
Jul ’23 | 118,700 | 131,400 |
Jun ’23 | 135,700 | 132,600 |
May ’23 | 139,600 | 146,000 |
Apr ’23 | 117,600 | 121,700 |
Mar ’23 | 131,300 | 114,00 |
Feb ’23 | 110,900 | 103,200 |
New Housing Starts by Year
New house starts or new housing starts refer to residential construction projects that have broken ground. Most of the data in this report has not been seasonally adjusted.
- Over 5 years (2019 through 2023), an average of 991,560 new privately owned housing units broke ground annually.
- 1.55 million is the 5-year annual average number of housing permits authorized.
- In 2023, there were 1.420 million new house starts, down 8.55% from 2022.
- 1.158 million total housing permits were issued in 2023, down 11.7% from 2022.
- An average of 1.158 million housing units have gone up each year starting in 2013.
- 1.433 million is the average annual number of new house starts since 1959.
- New starts in 2023 were up 156.3% compared to 2009, the industry’s lowest point since 1959.
- The most dramatic annual decrease in housing starts was in 2009, when new builds fell 35.6% from the previous year.
- 2008 itself was the second-most dramatic plunge with new house starts down 35.3% from 2007.
Year | Permits | Starts |
---|---|---|
2023 | 1,470,600 | 1,419,900 |
2022 | 1,665,100 | 1,552,600 |
2021 | 1,737,000 | 1,601,000 |
2020 | 1,471,100 | 1,379,600 |
2019 | 1,386,000 | 1,290,000 |
2018 | 1,328,800 | 1,249,900 |
2017 | 1,282,000 | 1,203,000 |
2016 | 1,206,600 | 1,173,800 |
2015 | 1,182,600 | 1,111,800 |
2014 | 1,052,100 | 1,003,300 |
2013 | 990,800 | 924,900 |
2012 | 829,700 | 780,600 |
2011 | 624,100 | 608,800 |
2010 | 604,600 | 586,900 |
2009 | 583,000 | 554,000 |
2008 | 905,400 | 905,500 |
2007 | 1,398,400 | 1,355,000 |
2006 | 1,838,900 | 1,800,900 |
2005 | 2,155,300 | 2,068,300 |
2004 | 2,070,100 | 1,955,800 |
2003 | 1,889,200 | 1,847,700 |
2002 | 1,747,700 | 1,704,900 |
2001 | 1,636,700 | 1,602,700 |
2000 | 1,592,300 | 1,568,700 |
New Housing Starts in 2022
Statistics indicate that 2022 was a relatively typical year for construction compared to 2020 and 2021.
- There were 1.553 million new house starts in 2022, down 3.02% YoY.
- 1.67 million new housing permits represented a 4.14% decline from 2021.
- 64.7% of new house starts were single family housing, down 8.10% YoY.
- The ratio of new house starts to housing permits was 93.2%.
- The busiest month (April) saw 32.8% more house starts than the slowest month (July).
- In seasonally adjusted statistics, the busiest month (April) had a 32.9% higher annual monthly average than the slowest time of year (December).
- The annual monthly average among seasonally adjusted measurements was 129,271 new house starts, down 3.35% from 2021.
- Among non-adjusted data, the monthly average number of housing starts was 129,383; this is 0.09% higher than the seasonally adjusted monthly average.
New Housing Starts in 2021
2021 saw the most new privately owned residential construction starts since 2006.
- 1.60 million total new privately owned housing starts began in 2021, down 12.8% from 2020.
- 1.74 million total housing permits were issued in 2021, up 18.1% from 2020.
- 28.9% of housing starts in 2021 were buildings of 5-or-more units.
- 70.4% of new housing was single family homes.
- The busiest month (June) saw 51.1% more house starts than the slowest month (February).
- In seasonally adjusted statistics, the busiest month (December) had a 23.5% higher annual monthly average than the slowest time of year (February).
- The annual monthly average among seasonally adjusted measurements was 133,750 new house starts.
- Among non-adjusted data, the monthly average number of housing starts was 121,758; this is 8.97% lower than the seasonally adjusted monthly average.
Historical Housing Starts
Some public statistics for building starts and permits date to the 1950s.
- New privately owned housing starts average 119,414 monthly.
- An average of 113,995 new housing permits are authorized monthly.
- Housing units are completed at an average rate of 116,410 per month.
Year | Permits | Starts |
---|---|---|
1999 | 1,663,500 | 1,640,900 |
1995 | 1,332,500 | 1,354,100 |
1990 | 1,110,800 | 1,192,700 |
1985 | 1,733,300 | 1,741,800 |
1980 | 1,190,600 | 1,292,200 |
1975 | 939,200 | 1,160,400 |
1970 | 1,351,500 | 1,433,600 |
1965 | 1,240,600 | 1,472,800 |
1960 | 997,600 | 1,252,200 |
Housing Starts by Location
Among regional housing starts, the South produces the highest rate of single family homes.
- In 2023, 55.7% of all housing starts were in the South.
- The number of housing starts in the South was down 5.17% YoY.
- 71.2% of Southern housing starts were single family.
- 8.11% of new housing starts in 2023 were in the Northeast.
- The number of housing starts in the Northeast was down 19.0% YoY.
- 52.9% of Northeastern homes were single family, giving it the lowest rate of single family home builds.
- 13.0% of all housing starts were in the Midwest in 2023.
- The number of housing starts in the Midwest was down 10.2% YoY.
- 63.8% of Midwestern new housing starts were single family homes.
- 23.2% of all new housing starts are in the West.
- The number of housing starts in the West declined 11.2% from 2022 to 2023.
- 62.4% of new Western homes are single family.
Region | Total Starts | Single Family |
---|---|---|
Northeast | 115,100 | 60,900 |
Midwest | 184,900 | 117,900 |
South | 791,000 | 563,200 |
West | 329,000 | 205,200 |
Housing Permits by State
Statistics indicate that most states and territories have steady real estate and construction industries. While data on housing starts is unavailable, build authorizations are useful for comparative purposes.
- New single family homes in Wyoming cost more to build (average value $532,542) than homes in any other state.
- The nation’s least expensive single family home builds in 2022 were in Delaware (average value $146,450).
- The District of Columbia saw the largest number of new build permits relative to the population with one (1) new unit for every 87 residents in 2022.
- Alaska had the lowest number of new build permits relative to the population with one (1) new unit for every 1,269 residents.
- In Alaska, there was a 1,109% difference between the number of building permits in 2014 and the number of permits authorized in 2019.
- In North Dakota, the difference between 2014 starts and 2019 permits was -80.2%.
- 79.2% of markets changed by less than 1.00% between 2004 and 2014.
- Alaska’s market saw the most dramatic change among all states and territories with the rate of new housing construction starts dropping by 8.63% over 10 years.
State | Building Permits | Units Authorized |
---|---|---|
Alabama | 16,231 | 19,506 |
Alaska | 503 | 578 |
Arizona | 39,061 | 60,994 |
Arkansas | 10,106 | 14,356 |
California | 67,423 | 119,667 |
Colorado | 25,061 | 48,839 |
Connecticut | 2,691 | 5,652 |
Delaware | 5,966 | 6,417 |
District of Columbia | 508 | 7,705 |
Florida | 138,703 | 211,962 |
Georgia | 48,548 | 77,222 |
Hawaii | 2,185 | 4,330 |
Idaho | 12,594 | 18,737 |
Illinois | 10,548 | 20,550 |
Indiana | 19,273 | 28,274 |
Iowa | 8,210 | 12,711 |
Kansas | 6,200 | 9,560 |
Kentucky | 9,404 | 15,050 |
Louisiana | 14,124 | 16,270 |
Maine | 5,130 | 7,105 |
Maryland | 9,984 | 19,346 |
Massachusetts | 7,119 | 17,692 |
Michigan | 15,681 | 21,983 |
Minnesota | 13,978 | 31,096 |
Mississippi | 7,123 | 7,586 |
Missouri | 12,356 | 20,963 |
Montana | 3,518 | 6,457 |
Nebraska | 5,486 | 11,113 |
Nevada | 12,989 | 20,031 |
New Hampshire | 3,330 | 4,783 |
New Jersey | 15,106 | 36,974 |
New Mexico | 7,325 | 8,838 |
New York | 12,352 | 41,972 |
North Carolina | 66,292 | 91,852 |
North Dakota | 2,081 | 3,445 |
Ohio | 18,716 | 30,913 |
Oklahoma | 11,393 | 13,735 |
Oregon | 10,984 | 20,321 |
Pennsylvania | 19,113 | 28,008 |
Rhode Island | 1,057 | 1,371 |
South Carolina | 38,564 | 48,870 |
South Dakota | 4,274 | 9,421 |
Tennessee | 35,246 | 52,512 |
Texas | 160,617 | 263,054 |
Utah | 19,881 | 31,749 |
Vermont | 1,460 | 2,302 |
Virginia | 21,866 | 39,701 |
Washington | 22,177 | 49,033 |
West Virginia | 3,010 | 3,406 |
Wisconsin | 12,766 | 21,072 |
Wyoming | 2,038 | 3,004 |
Alabama Housing & Build Permits
New housing authorizations in Alabama represented 1.17% of nationwide permits issued in 2022; single-family home construction costs per unit were lower than the average among states, but costs were higher than average for units in shared buildings.
- 19,506 new housing units were authorized in Alabama in 2022.
- 17,879 or 81.9% of units were single family homes.
- The average permit for buildings included 1.20 housing units each.
- Buildings with five (5) units or more averaged 28.6 units per building.
- 98.4% of buildings authorized in Alabama were single family homes.
- 0.68% of buildings authorized had 5+ units; 16.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Alabama was $260,243 (up 7.61% YoY).
- In buildings with 5+ units, the valuation per unit was $158,711 (up 35.3%).
Alaska Housing & Build Permits
New housing authorizations in Alaska represented 0.03% of nationwide permits issued in 2022; construction costs per unit were much higher than the average among states.
- 578 new housing units were authorized in Alaska in 2022.
- 471 or 81.5% of units were single family homes.
- The average permit for buildings included 1.15 housing units each.
- Buildings with five (5) units or more averaged 9.00 units per building.
- 93.6% of buildings authorized in Alaska were single family homes.
- 0.99% of buildings authorized had 5+ units; 7.79% of all units authorized were in these buildings.
- The valuation for the average single family home build in Alaska was $355,382 (up 16.4% YoY).
- In buildings with 5+ units, the valuation per unit was $158,867 (up 5.33%).
Arizona Housing & Build Permits
New housing authorizations in Arizona represented 3.66% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states for single family homes but higher for units in shared buildings.
- 60,994 new housing units were authorized in Arizona in 2022.
- 37,348 or 61.2% of units were single family homes.
- The average permit for buildings included 1.56 housing units each.
- Buildings with five (5) units or more averaged 31.1 units per building.
- 95.6% of buildings authorized in Arizona were single family homes.
- 1.51% of buildings authorized had 5+ units; 35.2% of all units authorized were in these buildings.
- The valuation for the average single family home build in Arizona was $282,016 (up 3.96% YoY).
- In buildings with 5+ units, the valuation per unit was $167,805 (up 18.1%).
Arkansas Housing & Build Permits
New housing authorizations in Arkansas represented 0.86% of nationwide permits issued in 2022; construction costs per unit were much lower than the average among states.
- 14,356 new housing units were authorized in Arkansas in 2022.
- 9,465 or 65.9% of units were single family homes.
- The average permit for buildings included 1.42 housing units each.
- Buildings with five (5) units or more averaged 20.8 units per building.
- 93.7% of buildings authorized in Arkansas were single family homes.
- 1.13% of buildings authorized had 5+ units; 25.8% of all units authorized were in these buildings.
- The valuation for the average single family home build in Arkansas was $268,817 (up 13.1% YoY).
- In buildings with 5+ units, the valuation per unit was $87,402 (up 1.40%).
California Housing & Build Permits
New housing authorizations in California represented 7.19% of nationwide permits issued in 2022; construction costs per unit were higher than the average among states though the costs for single family homes were slightly lower.
- 119,667 new housing units were authorized in California in 2022.
- 63,717 or 53.2% of units were single family homes.
- The average permit for buildings included 1.77 housing units each.
- Buildings with five (5) units or more averaged 27.2 units per building.
- 94.5% of buildings authorized in California were single family homes.
- 2.81% of buildings authorized had 5+ units; 43.1% of authorized units were in these buildings.
- The valuation for the average single family home build in California was $290,402 (up 1.89% YoY).
- In buildings with 5+ units, the valuation per unit was $183,221 (up 0.12%).
Colorado Housing & Build Permits
New housing authorizations in Colorado represented 2.93% of nationwide permits issued in 2022; construction costs per unit were higher than the average among states.
- 48,839 new housing units were authorized in Colorado in 2022.
- 23,728 or 48.6% of units were single family homes.
- The average permit for buildings included 1.95 housing units each.
- Buildings with five (5) units or more averaged 34.4 units per building.
- 94.7% of buildings authorized in Colorado were single family homes.
- 2.73% of buildings authorized had 5+ units; 48.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Colorado was $355,592 (up 16.8% YoY).
- In buildings with 5+ units, the valuation per unit was $170,455 (up 17.6%).
Connecticut Housing & Build Permits
New housing authorizations in Connecticut represented 0.34%% of nationwide permits issued in 2022; construction costs per unit were much higher than the average among states.
- 5,652 new housing units were authorized in Connecticut in 2022.
- 2,440 or 43.2% of units were single family homes.
- The average permit for buildings included 2.10 housing units each.
- Buildings with five (5) units or more averaged 25.6 units per building.
- 90.7% of buildings authorized in Connecticut were single family homes.
- 4.24% of buildings authorized had 5+ units; 51.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in Connecticut was $414,153 (up 16.8% YoY).
- In buildings with 5+ units, the valuation per unit was $185,592 (up 80.1%).
Delaware Housing & Build Permits
New housing authorizations in Delaware represented 0.39% of nationwide permits issued in 2022; construction costs per unit were significantly lower than the average among states.
- 6,417 new housing units were authorized in Delaware in 2022.
- 5,855 or 91.2% of units were single family homes.
- The average permit for buildings included 1.08 housing units each.
- Buildings with five (5) units or more averaged 16.8 units per building.
- 98.1% of buildings authorized in Delaware were single family homes.
- 0.39% of buildings authorized had 5+ units; 6.02% of all units authorized were in these buildings.
- The valuation for the average single family home build in Delaware was $146,450 (up 1.49% YoY).
- In buildings with 5+ units, the valuation per unit was $77,503 (down 23.5%).
District of Columbia Housing & Build Permits
New housing authorizations in D.C. represented 0.46% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 7,705 new housing units were authorized in D.C. in 2022.
- 409 or 5.31% of units were single family homes.
- The average permit for buildings included 15.2 housing units each.
- Buildings with five (5) units or more averaged 109.5 units per building.
- 80.5% of buildings authorized in D.C. were single family homes.
- 13.0% of buildings authorized had 5+ units; 93.8% of all units authorized were in these buildings.
- The valuation for the average single family home build in D.C. was $251,240 (up 5.59% YoY).
- In buildings with 5+ units, the valuation per unit was $127,168 (up 3.50%).
Florida Housing & Build Permits
New housing authorizations in Florida represented 127.7% of nationwide permits issued in 2022; construction costs were on par with the average among states.
- 211,962 new housing units were authorized in Florida in 2022.
- 134,350 or 63.4% of units were single family homes.
- The average permit for buildings included 1.53 housing units each.
- Buildings with five (5) units or more averaged 29.0 units per building.
- 96.9% of buildings authorized in Florida were single family homes.
- 1.82% of buildings authorized had 5+ units; 34.5% of all units authorized were in these buildings.
- The valuation for the average single family home build in Florida was $299,512 (up 11.5% YoY).
- In buildings with 5+ units, the valuation per unit was $142.453 (down 1.59%).
Georgia Housing & Build Permits
New housing authorizations in Georgia represented 4.64% of nationwide permits issued in 2022; construction costs were well below the average among states.
- 77,222 new housing units were authorized in Georgia in 2022.
- 47,022 or 60.9% of units were single family homes.
- The average permit for buildings included 1.59 housing units each.
- Buildings with five (5) units or more averaged 31.1 units per building.
- 96.9% of buildings authorized in Georgia were single family homes.
- 1.89% of buildings authorized had 5+ units; 37.0% of all units authorized were in these buildings.
- The valuation for the average single family home build in Georgia was $258,146 (up 9.41% YoY).
- In buildings with 5+ units, the valuation per unit was $127,109 (down 4.13%).
Hawaii Housing & Build Permits
New housing authorizations in Hawaii represented 0.26% of nationwide permits issued in 2022; construction costs per unit were among the highest in the nation.
- 4,330 new housing units were authorized in Hawaii in 2022.
- 2,023 or 46.7% of units were single family homes.
- The average permit for buildings included 1.98 housing units each.
- Buildings with five (5) units or more averaged 37.4 units per building.
- 92.6% of buildings authorized in Hawaii were single family homes.
- 2.56% of buildings authorized had 5+ units; 48.4% of all units authorized were in these buildings.
- The valuation for the average single family home build in Hawaii was $505,466 (up 15.4% YoY).
- In buildings with 5+ units, the valuation per unit was $349,726 (up 19.0%).
Idaho Housing & Build Permits
New housing authorizations in Idaho represented 1.13% of nationwide permits issued in 2022; construction costs per unit were above the average among states (except single family homes, which were about average).
- 18,737 new housing units were authorized in Idaho in 2022.
- 11,943 or 63.7% of units were single family homes.
- The average permit for buildings included 1.49 housing units each.
- Buildings with five (5) units or more averaged 19.5 units per building.
- 94.8% of buildings authorized in Idaho were single family homes.
- 2.30% of buildings authorized had 5+ units; 30.2% of all units authorized were in these buildings.
- The valuation for the average single family home build in Idaho was $304,178 (up 16.6% YoY).
- In buildings with 5+ units, the valuation per unit was $160,240 (up 23.4%).
Illinois Housing & Build Permits
New housing authorizations in Illinois represented 1.23% of nationwide permits issued in 2022; construction costs were a little above the average among states.
- 20,550 new housing units were authorized in Illinois in 2022.
- 9,766 or 47.5% of units were single family homes.
- The average permit for buildings included 1.95 housing units each.
- Buildings with five (5) units or more averaged 29.2 units per building.
- 92.6% of buildings authorized in Illinois were single family homes.
- 3.09% of buildings authorized had 5+ units; 46.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Illinois was $315,293 (up 7.48% YoY).
- In buildings with 5+ units, the valuation per unit was $149,799 (up 32.4%).
Indiana Housing & Build Permits
New housing authorizations in Indiana represented 1.70% of nationwide permits issued in 2022; construction costs are a little higher in Indiana but units in larger buildings are relatively less expensive to build.
- 28,274 new housing units were authorized in Indiana in 2022.
- 18,675 or 66.1% of units were single family homes.
- The average permit for buildings included 1.47 housing units each.
- Buildings with five (5) units or more averaged 29.1 units per building.
- 96.9% of buildings authorized in Indiana were single family homes.
- 1.60% of buildings authorized had 5+ units; 31.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in Indiana was $323,855 (up 7.54% YoY).
- In buildings with 5+ units, the valuation per unit was $117,893 (up 7.64%).
Iowa Housing & Build Permits
New housing authorizations in Iowa represented 0.76% of nationwide permits issued in 2022; construction costs per unit were a little higher than the average among states.
- 12,711 new housing units were authorized in Iowa in 2022.
- 7,631 or 60.0% of units were single family homes.
- The average permit for buildings included 1.57 housing units each.
- Buildings with five (5) units or more averaged 31.7 units per building.
- 94.0% of buildings authorized in Iowa were single family homes.
- 1.64% of buildings authorized had 5+ units; 33.2% of all units authorized were in these buildings.
- The valuation for the average single family home build in Iowa was $307,095 (up 10.2% YoY).
- In buildings with 5+ units, the valuation per unit was $153,111 (up 15.1%).
Kansas Housing & Build Permits
New housing authorizations in Kansas represented 0.57% of nationwide permits issued in 2022; construction was more expensive than the average among states.
- 9,560 new housing units were authorized in Kansas in 2022.
- 5,567 or 58.2% of units were single family homes.
- The average permit for buildings included 1.54 housing units each.
- Buildings with five (5) units or more averaged 31.3 units per building.
- 89.8% of buildings authorized in Kansas were single family homes.
- 1.44% of buildings authorized had 5+ units; 29.1% of all units authorized were in these buildings.
- The valuation for the average single family home build in Kansas was $341,407 (up 1.53% YoY).
- In buildings with 5+ units, the valuation per unit was $150,665 (up 19.4%).
Kentucky Housing & Build Permits
New housing authorizations in Kentucky represented 0.90% of nationwide permits issued in 2022; single home construction costs were lower than the average among states but units in large buildings were more expensive.
- 15,050 new housing units were authorized in Kentucky in 2022.
- 8,755 or 58.2% of units were single family homes.
- The average permit for buildings included 1.60 housing units each.
- Buildings with five (5) units or more averaged 17.0 units per building.
- 93.1% of buildings authorized in Kentucky were single family homes.
- 3.46% of buildings authorized had 5+ units; 36.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in Kentucky was $255,676 (up 6.15% YoY).
- In buildings with 5+ units, the valuation per unit was $178,808 (up 80.1%).
Louisiana Housing & Build Permits
New housing authorizations in Louisiana represented 0.98% of nationwide permits issued in 2022; construction was less expensive than average.
- 16,270 new housing units were authorized in Louisiana in 2022.
- 13,727 or 84.4% of units were single family homes.
- The average permit for buildings included 1.15 housing units each.
- Buildings with five (5) units or more averaged 24.4 units per building.
- 97.2% of buildings authorized in Louisiana were single family homes.
- 0.55% of buildings authorized had 5+ units; 11.5% of all units authorized were in these buildings.
- The valuation for the average single family home build in Louisiana was $246,455 (up 10.3% YoY).
- In buildings with 5+ units, the valuation per unit was $132,773 (up 2.52%).
Maine Housing & Build Permits
New housing authorizations in Maine represented 0.43% of nationwide permits issued in 2022; construction costs per unit were below the average among states.
- 7,105 new housing units were authorized in Maine in 2022.
- 4,918 or 69.2% of units were single family homes.
- The average permit for buildings included 1.38 housing units each.
- Buildings with five (5) units or more averaged 25.9 units per building.
- 95.9% of buildings authorized in Maine were single family homes.
- 1.40% of buildings authorized had 5+ units; 26.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Maine was $276,657 (up 3.12% YoY).
- In buildings with 5+ units, the valuation per unit was $135,219 (down 0.21%).
Maryland Housing & Build Permits
New housing authorizations in Maryland represented 1.16% of nationwide permits issued in 2022; construction costs per unit were below the average among states.
- 19,346 new housing units were authorized in Maryland in 2022.
- 9,760 or 50.4% of units were single family homes.
- The average permit for buildings included 1.94 housing units each.
- Buildings with five (5) units or more averaged 57.3 units per building.
- 97.8% of buildings authorized in Maryland were single family homes.
- 1.65% of buildings authorized had 5+ units; 48.8% of all units authorized were in these buildings.
- The valuation for the average single family home build in Maryland was $274,064 (up 7.19% YoY).
- In buildings with 5+ units, the valuation per unit was $140,426 (up 3.96%).
Massachusetts Housing & Build Permits
New housing authorizations in Massachusetts represented 1.06% of nationwide permits issued in 2022; construction costs per unit were much higher than the average among states.
- 17,692 new housing units were authorized in Massachusetts in 2022.
- 6,195 or 35.0% of units were single family homes.
- The average permit for buildings included 2.49 housing units each.
- Buildings with five (5) units or more averaged 21.3 units per building.
- 87.0% of buildings authorized in Massachusetts were single family homes.
- 6.93% of buildings authorized had 5+ units; 59.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Massachusetts was $435,696 (up 10.9% YoY).
- In buildings with 5+ units, the valuation per unit was $221,644 (up 36.3%).
Michigan Housing & Build Permits
New housing authorizations in Michigan represented 1.32% of nationwide permits issued in 2022; construction costs were higher than the average among states.
- 21,983 new housing units were authorized in Michigan in 2022.
- 15,015 or 68.3% of units were single family homes.
- The average permit for buildings included 1.40 housing units each.
- Buildings with five (5) units or more averaged 19.9 units per building.
- 95.8% of buildings authorized in Michigan were single family homes.
- 1.91% of buildings authorized had 5+ units; 27.1% of all units authorized were in these buildings.
- The valuation for the average single family home build in Michigan was $311,418 (up 9.49% YoY).
- In buildings with 5+ units, the valuation per unit was $173,230 (down 6.97%).
Minnesota Housing & Build Permits
New housing authorizations in Minnesota represented 1.87% of nationwide permits issued in 2022; construction costs per unit were higher than the average among states.
- 31,096 new housing units were authorized in Minnesota in 2022.
- 13,453 or 43.3% of units were single family homes.
- The average permit for buildings included 2.22 housing units each.
- Buildings with five (5) units or more averaged 53.7 units per building.
- 96.2% of buildings authorized in Minnesota were single family homes.
- 2.28% of buildings authorized had 5+ units; 55.0% of all units authorized were in these buildings.
- The valuation for the average single family home build in Minnesota was $329,610 (up 7.00% YoY).
- In buildings with 5+ units, the valuation per unit was $174,579 (up 16.3%).
Mississippi Housing & Build Permits
New housing authorizations in Mississippi represented 0.46% of nationwide permits issued in 2022; construction costs per unit were among the nation’s lowest.
- 7,586 new housing units were authorized in Mississippi in 2022.
- 7,020 or 92.5% of units were single family homes.
- The average permit for buildings included 1.07 housing units each.
- Buildings with five (5) units or more averaged 7.6 units per building.
- 98.6% of buildings authorized in Mississippi were single family homes.
- 0.84% of buildings authorized had 5+ units; 5.96% of all units authorized were in these buildings.
- The valuation for the average single family home build in Mississippi was $196,539 (down 3.36% YoY).
- In buildings with 5+ units, the valuation per unit was $51,022 (down 6.33%).
Missouri Housing & Build Permits
New housing authorizations in Missouri represented 1.26% of nationwide permits issued in 2022; construction costs were on par with the average among states.
- 20,963 new housing units were authorized in Missouri in 2022.
- 11,631 or 55.5% of units were single family homes.
- The average permit for buildings included 1.70 housing units each.
- Buildings with five (5) units or more averaged 30.6 units per building.
- 94.1% of buildings authorized in Missouri were single family homes.
- 2.15% of buildings authorized had 5+ units; 38.8% of all units authorized were in these buildings.
- The valuation for the average single family home build in Missouri was $305,573 (up 8.65% YoY).
- In buildings with 5+ units, the valuation per unit was $137,445 (up 29.4%).
Montana Housing & Build Permits
New housing authorizations in Montana represented 0.39% of nationwide permits issued in 2022; construction costs per unit were below the average among states.
- 6,457 new housing units were authorized in Montana in 2022.
- 3,187 or 49.4% of units were single family homes.
- The average permit for buildings included 1.84 housing units each.
- Buildings with five (5) units or more averaged 20.3 units per building.
- 90.6% of buildings authorized in Montana were single family homes.
- 3.87% of buildings authorized had 5+ units; 42.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in Montana was $265,642 (down 2.98% YoY).
- In buildings with 5+ units, the valuation per unit was $125,214 (up 0.66%).
Nebraska Housing & Build Permits
New housing authorizations in Nebraska represented 0.67% of nationwide permits issued in 2022; construction costs per unit were significantly lower than the average among states.
- 11,113 new housing units were authorized in Nebraska in 2022.
- 5,071 or 45.6% of units were single family homes.
- The average permit for buildings included 2.03 housing units each.
- Buildings with five (5) units or more averaged 24.3 units per building.
- 92.4% of buildings authorized in Nebraska were single family homes.
- 3.28% of buildings authorized had 5+ units; 48.9% of all units authorized were in these buildings.
- The valuation for the average single family home build in Nebraska was $262,814 (up 7.83% YoY).
- In buildings with 5+ units, the valuation per unit was $85,477 (down 19.0%).
Nevada Housing & Build Permits
New housing authorizations in Nevada represented 1.20% of nationwide permits issued in 2022; construction costs per unit were below the average among states.
- 20,031 new housing units were authorized in Nevada in 2022.
- 12,419 or 62.0% of units were single family homes.
- The average permit for buildings included 1.54 housing units each.
- Buildings with five (5) units or more averaged 18.5 units per building.
- 95.6% of buildings authorized in Nevada were single family homes.
- 2.96% of buildings authorized had 5+ units; 35.5% of all units authorized were in these buildings.
- The valuation for the average single family home build in Nevada was $286,041 (up 4.13% YoY).
- In buildings with 5+ units, the valuation per unit was $111,487 (up 0.14%).
New Hampshire Housing & Build Permits
New housing authorizations in New Hampshire represented 0.29% of nationwide permits issued in 2022; construction costs per unit were higher than the average among states.
- 4,783 new housing units were authorized in New Hampshire in 2022.
- 3,129 or 65.4% of units were single family homes.
- The average permit for buildings included 1.44 housing units each.
- Buildings with five (5) units or more averaged 19.9 units per building.
- 94.0% of buildings authorized in New Hampshire were single family homes.
- 1.98% of buildings authorized had 5+ units; 27.5% of all units authorized were in these buildings.
- The valuation for the average single family home build in New Hampshire was $350,989 (up 15.5% YoY).
- In buildings with 5+ units, the valuation per unit was $158,410 (up 12.5%).
New Jersey Housing & Build Permits
New housing authorizations in New Jersey represented 2.22% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 36,974 new housing units were authorized in New Jersey in 2022.
- 13,184 or 35.7% of units were single family homes.
- The average permit for buildings included 2.45 housing units each.
- Buildings with five (5) units or more averaged 19.9 units per building.
- 87.3% of buildings authorized in New Jersey were single family homes.
- 7.26% of buildings authorized had 5+ units; 59.1% of all units authorized were in these buildings.
- The valuation for the average single family home build in New Jersey was $219,205 (up 4.96% YoY).
- In buildings with 5+ units, the valuation per unit was $136,463 (up 38.1%).
New Mexico Housing & Build Permits
New housing authorizations in New Mexico represented 0.53% of nationwide permits issued in 2022; construction costs per unit were far lower than the average among states.
- 8,838 new housing units were authorized in New Mexico in 2022.
- 7,254 or 82.1% of units were single family homes.
- The average permit for buildings included 1.21 housing units each.
- Buildings with five (5) units or more averaged 28.9 units per building.
- 99.0% of buildings authorized in New Mexico were single family homes.
- 0.72% of buildings authorized had 5+ units; 17.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in New Mexico was $227,010 (down 12.2% YoY).
- In buildings with 5+ units, the valuation per unit was $99,249 (up 11.7%).
New York Housing & Build Permits
New housing authorizations in New York represented 2.52% of nationwide permits issued in 2022; construction costs per single family home were much more expensive while units in larger buildings were less expensive than in the average state.
- 41,972 new housing units were authorized in New York in 2022.
- 11,057 or 26.3% of units were single family homes.
- The average permit for buildings included 3.40 housing units each.
- Buildings with five (5) units or more averaged 37.9 units per building.
- 89.5% of buildings authorized in New York were single family homes.
- 6.33% of buildings authorized had 5+ units; 70.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in New York was $384,478 (up 8.42% YoY).
- In buildings with 5+ units, the valuation per unit was $132,047 (up 4.49%).
North Carolina Housing & Build Permits
New housing authorizations in North Carolina represented 5.52% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 91,852 new housing units were authorized in North Carolina in 2022.
- 65,193 or 71.0% of units were single family homes.
- The average permit for buildings included 1.39 housing units each.
- Buildings with five (5) units or more averaged 36.2 units per building.
- 98.3% of buildings authorized in North Carolina were single family homes.
- 1.08% of buildings authorized had 5+ units; 28.1% of all units authorized were in these buildings.
- The valuation for the average single family home build in North Carolina was $276,742 (up 10.0% YoY).
- In buildings with 5+ units, the valuation per unit was $138,067 (up 13.5%).
North Dakota Housing & Build Permits
New housing authorizations in North Dakota represented 0.21% of nationwide permits issued in 2022; construction costs per unit were slightly higher than the average among states.
- 3,445 new housing units were authorized in North Dakota in 2022.
- 1,964 or 57.0% of units were single family homes.
- The average permit for buildings included 1.66 housing units each.
- Buildings with five (5) units or more averaged 39.9 units per building.
- 94.4% of buildings authorized in North Dakota were single family homes.
- 1.54% of buildings authorized had 5+ units; 37.1% of all units authorized were in these buildings.
- The valuation for the average single family home build in North Dakota was $323,079 (up 9.78% YoY).
- In buildings with 5+ units, the valuation per unit was $137,839 (down 1.29%).
Ohio Housing & Build Permits
New housing authorizations in Ohio represented 1.86% of nationwide permits issued in 2022; construction costs per single family home were higher than the average among states while units in larger buildings were less expensive.
- 30,913 new housing units were authorized in Ohio in 2022.
- 17,440 or 56.4% of units were single family homes.
- The average permit for buildings included 1.65 housing units each.
- Buildings with five (5) units or more averaged 17.4 units per building.
- 93.2% of buildings authorized in Ohio were single family homes.
- 3.61% of buildings authorized had 5+ units; 38.0% of all units authorized were in these buildings.
- The valuation for the average single family home build in Ohio was $347,258 (up 12.6% YoY).
- In buildings with 5+ units, the valuation per unit was $109,775 (up 10.8%).
Oklahoma Housing & Build Permits
New housing authorizations in Oklahoma represented 0.82% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 11,393 new housing units were authorized in Oklahoma in 2022.
- 13,735 or 79.7% of units were single family homes.
- The average permit for buildings included 1.21 housing units each.
- Buildings with five (5) units or more averaged 26.0 units per building.
- 96.0% of buildings authorized in Oklahoma were single family homes.
- 0.68% of buildings authorized had 5+ units; 14.6% of all units authorized were in these buildings.
- The valuation for the average single family home build in Oklahoma was $275,764 (up 10.8% YoY).
- In buildings with 5+ units, the valuation per unit was $139,873 (up 41.5%).
Oregon Housing & Build Permits
New housing authorizations in Oregon represented 1.22% of nationwide permits issued in 2022; construction costs per unit were below the average among states.
- 20,321 new housing units were authorized in Oregon in 2022.
- 10,312 or 50.7% of units were single family homes.
- The average permit for buildings included 1.85 housing units each.
- Buildings with five (5) units or more averaged 23.5 units per building.
- 93.9% of buildings authorized in Oregon were single family homes.
- 3.64% of buildings authorized had 5+ units; 46.2% of all units authorized were in these buildings.
- The valuation for the average single family home build in Oregon was $314,609 (up 10.7% YoY).
- In buildings with 5+ units, the valuation per unit was $129,729 (down 18.1%).
Pennsylvania Housing & Build Permits
New housing authorizations in Pennsylvania represented 1.68% of nationwide permits issued in 2022; construction costs per single family home were less expensive but units in larger buildings were more costly than in the average state.
- 28,008 new housing units were authorized in Pennsylvania in 2022.
- 18,250 or 65.2% of units were single family homes.
- The average permit for buildings included 1.47 housing units each.
- Buildings with five (5) units or more averaged 24.3 units per building.
- 95.5% of buildings authorized in Pennsylvania were single family homes.
- 1.82% of buildings authorized had 5+ units; 30.1% of all units authorized were in these buildings.
- The valuation for the average single family home build in Pennsylvania was $288,574 (up 10.8% YoY).
- In buildings with 5+ units, the valuation per unit was $135,388 (down 11.3%).
Rhode Island Housing & Build Permits
New housing authorizations in Rhode Island represented 0.08% of nationwide permits issued in 2022; construction costs per single family home were above the average among states while units in larger buildings on par with the average.
- 1,371 new housing units were authorized in Rhode Island in 2022.
- 959 or 69.9% of units were single family homes.
- The average permit for buildings included 1.30 housing units each.
- Buildings with five (5) units or more averaged 29.1 units per building.
- 90.7% of buildings authorized in Rhode Island were single family homes.
- 0.66% of buildings authorized had 5+ units; 14.9% of all units authorized were in these buildings.
- The valuation for the average single family home build in Rhode Island was $342,202 (up 23.1% YoY).
- In buildings with 5+ units, the valuation per unit was $138,814 (up 59.6% YoY).
South Carolina Housing & Build Permits
New housing authorizations in South Carolina represented 2.75% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 45,870 new housing units were authorized in South Carolina in 2022.
- 37,906 or 82.6% of units were single family homes.
- The average permit for buildings included 1.19 housing units each.
- Buildings with five (5) units or more averaged 19.5 units per building.
- 98.3% of buildings authorized in South Carolina were single family homes.
- 0.95% of buildings authorized had 5+ units; 15.6% of all units authorized were in these buildings.
- The valuation for the average single family home build in South Carolina was $288,604 (up 15.9% YoY).
- In buildings with 5+ units, the valuation per unit was $118,609 (down 0.10%).
South Dakota Housing & Build Permits
New housing authorizations in South Dakota represented 0.57% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 9.421 new housing units were authorized in South Dakota in 2022.
- 3,917 or 41.6% of units were single family homes.
- The average permit for buildings included 2.20 housing units each.
- Buildings with five (5) units or more averaged 23.6 units per building.
- 91.6% of buildings authorized in South Dakota were single family homes.
- 5.03% of buildings authorized had 5+ units; 53.8% of all units authorized were in these buildings.
- The valuation for the average single family home build in South Dakota was $281,615 (up 8.09% YoY).
- In buildings with 5+ units, the valuation per unit was $131,627 (up 10.7%).
Tennessee Housing & Build Permits
New housing authorizations in Tennessee represented 3.15% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 52,512 new housing units were authorized in Tennessee in 2022.
- 33,213 or 63.2% of units were single family homes.
- The average permit for buildings included 1.49 housing units each.
- Buildings with five (5) units or more averaged 11.7 units per building.
- 94.2% of buildings authorized in Tennessee were single family homes.
- 4.32% of buildings authorized had 5+ units; 34.0% of all units authorized were in these buildings.
- The valuation for the average single family home build in Tennessee was $279,372 (up 7.66% YoY).
- In buildings with 5+ units, the valuation per unit was $130,291 (up 44.1%).
Texas Housing & Build Permits
New housing authorizations in Texas represented 15.8% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 263,054 new housing units were authorized in Texas in 2022.
- 154,854 or 58.9% of units were single family homes.
- The average permit for buildings included 1.64 housing units each.
- Buildings with five (5) units or more averaged 35.2 units per building.
- 96.4% of buildings authorized in Texas were single family homes.
- 1.78% of buildings authorized had 5+ units; 38.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Texas was $256,749 (up 8.75% YoY).
- In buildings with 5+ units, the valuation per unit was $120,000 (up 4.17%).
Utah Housing & Build Permits
New housing authorizations in Utah represented 1.91% of nationwide permits issued in 2022; construction costs per unit were slightly higher than the average among states.
- 31,749 new housing units were authorized in Utah in 2022.
- 19,132 or 60.3% of units were single family homes.
- The average permit for buildings included 1.60 housing units each.
- Buildings with five (5) units or more averaged 25.5 units per building.
- 96.2% of buildings authorized in Utah were single family homes.
- 2.33% of buildings authorized had 5+ units; 37.2% of all units authorized were in these buildings.
- The valuation for the average single family home build in Utah was $314,776 (up 9.12% YoY).
- In buildings with 5+ units, the valuation per unit was $154,717 (up 6.99%).
Vermont Housing & Build Permits
New housing authorizations in Vermont represented 0.14% of nationwide permits issued in 2022; construction costs per unit were just below the average among states.
- 2,302 new housing units were authorized in Vermont in 2022.
- 1,327 or 57.6% of units were single family homes.
- The average permit for buildings included 1.58 housing units each.
- Buildings with five (5) units or more averaged 13.2 units per building.
- 90.9% of buildings authorized in Vermont were single family homes.
- 4.25% of buildings authorized had 5+ units; 35.5% of all units authorized were in these buildings.
- The valuation for the average single family home build in Vermont was $300,386 (up 5.97% YoY).
- In buildings with 5+ units, the valuation per unit was $128,526 (up 15.7%).
Virginia Housing & Build Permits
New housing authorizations in Virginia represented 2.38% of nationwide permits issued in 2022; construction costs per unit were lower than the average among states.
- 39,701 new housing units were authorized in Virginia in 2022.
- 21,130 or 53.2% of units were single family homes.
- The average permit for buildings included 1.82 housing units each.
- Buildings with five (5) units or more averaged 34.1 units per building.
- 96.6% of buildings authorized in Virginia were single family homes.
- 2.43% of buildings authorized had 5+ units; 45.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in Virginia was $273,212 (up 10.5% YoY).
- In buildings with 5+ units, the valuation per unit was $118,914 (up 10.6%).
Washington Housing & Build Permits
New housing authorizations in Washington represented 2.94% of nationwide permits issued in 2022; construction costs per unit were higher than the average among states.
- 49,033 new housing units were authorized in Washington in 2022.
- 20,401 or 41.6% of units were single family homes.
- The average permit for buildings included 2.21 housing units each.
- Buildings with five (5) units or more averaged 38.3 units per building.
- 92.0% of buildings authorized in Washington were single family homes.
- 3.04% of buildings authorized had 5+ units; 52.7% of all units authorized were in these buildings.
- The valuation for the average single family home build in Washington was $342,090 (up 13.7% YoY).
- In buildings with 5+ units, the valuation per unit was $142,031 (down 6.31%).
West Virginia Housing & Build Permits
New housing authorizations in West Virginia represented 0.20% of nationwide permits issued in 2022; construction costs were below the average among states.
- 3,010 new housing units were authorized in West Virginia in 2022.
- 2,947 or 86.5% of units were single family homes.
- The average permit for buildings included 1.13 housing units each.
- Buildings with five (5) units or more averaged 22.4 units per building.
- 97.9% of buildings authorized in West Virginia were single family homes.
- 0.53% of buildings authorized had 5+ units; 10.5% of all units authorized were in these buildings.
- The valuation for the average single family home build in West Virginia was $239,533 (up 6.26% YoY).
- In buildings with 5+ units, the valuation per unit was $121,955 (down 8.00%).
Wisconsin Housing & Build Permits
New housing authorizations in Wisconsin represented 1.27% of nationwide permits issued in 2022; construction costs were above average among states.
- 21,072 new housing units were authorized in Wisconsin in 2022.
- 11,620 or 55.1% of units were single family homes.
- The average permit for buildings included 1.65 housing units each.
- Buildings with five (5) units or more averaged 27.4 units per building.
- 91.0% of buildings authorized in Wisconsin were single family homes.
- 2.19% of buildings authorized had 5+ units; 36.3% of all units authorized were in these buildings.
- The valuation for the average single family home build in Wisconsin was $365,244 (up 10.4% YoY).
- In buildings with 5+ units, the valuation per unit was $161,109 (up 32.1%).
Wyoming Housing & Build Permits
New housing authorizations in Wyoming represented 0.18% of nationwide permits issued in 2022; construction costs per single family home were more expensive than in any other state.
- 3,004 new housing units were authorized in Wyoming in 2022.
- 1,924 or 64.0% of units were single family homes.
- The average permit for buildings included 1.47 housing units each.
- Buildings with five (5) units or more averaged 39.7 units per building.
- 94.4% of buildings authorized in Wyoming were single family homes.
- 0.98% of buildings authorized had 5+ units; 26.4% of all units authorized were in these buildings.
- The valuation for the average single family home build in Wyoming was $532,542 (up 16.2% YoY).
- In buildings with 5+ units, the valuation per unit was $75,091 (down 41.7%).
Housing Starts by Building Type
Rental property trends, such as rental vacancy rates and interstate migration statistics indicate fewer moves to single family homes.
- In 2023, single family homes made up 66.7% of new housing starts.
- Multi-family homes or those with 2 to 4 units made up 0.94% of new housing.
- Homes with 5 units or more made up 32.3% of new housing starts.
Year | Building Type | Starts |
---|---|---|
2023 | Single Family | 947,200 |
2 – 4 Units | 13,400 | |
5-or-more Units | 459,300 | |
2022 | Single Family | 1,005,200 |
2 – 4 Units | 16,400 | |
5-or-more Units | 531,000 | |
2021 | Single Family | 1,127,200 |
2 – 4 Units | 11,700 | |
5-or-more Units | 462,100 | |
2020 | Single Family | 990,500 |
2 – 4 Units | 12,300 | |
5-or-more Units | 376,800 | |
2019 | Single Family | 887,700 |
2 – 4 Units | 13,400 | |
5-or-more Units | 388,900 | |
2018 | Single Family | 875,800 |
2 – 4 Units | 13,900 | |
5-or-more Units | 360,300 | |
2017 | Single Family | 848,900 |
2 – 4 Units | 11,400 | |
5-or-more Units | 342,700 | |
2016 | Single Family | 781,500 |
2 – 4 Units | 11,500 | |
5-or-more Units | 380,800 |
Other New Housing Statistics
The annual number of single family housing starts increased every year between 2011 and 2021; 2022 and 2023 both saw annual declines.
- 83.3% of single family homes are detached.
- 72.2% are built with the intent to sell.
- Among multi-unit residential buildings, 2.75% are built with the intent to sell.
- The average single family home has more than twice the floor space (129.6% more) of the average apartment.
- 87.2% of new apartment housing is in buildings with 20 units or more.
- The square footage of the average single family home declined 2.98% (74ft2).
- The average new multi-family unit shrank 1.22% (13ft2).
Building Type | Variable | Starts |
---|---|---|
Single Family | Built for Sale | 684,000 |
Detached | 789,000 | |
Average Size | 2,411 ft2 | |
Multi-Family | Built for Sale | 13,000 |
Built for Rental | 459,000 | |
2-4 Units | 16,000 | |
20+ Units | 412,000 | |
Average Unit Size | 1,050 ft2 |
New Pending Housing
A building may be listed as “pending” indefinitely, making it difficult to gauge the efficiency of the construction industry based on the number of projects alone.
- 80% of single family housing projects begin within 8 weeks of authorization.
- 43% of single family projects break ground within a month of authorization.
- 6.1% don’t break ground for 4 months or more.
- In buildings with 2 units or more, 19% don’t break ground for 4 months or more.
- Buildings with 10 or more units are the most likely to take longer; 22% don’t break ground within 4 months of authorization.
- Buildings that take longer to break ground are more likely to be owner-built.
Month | Total | SFH |
---|---|---|
January | 299,100 | 130,400 |
February | 300,200 | 131,100 |
March | 300,500 | 139,400 |
April | 296,100 | 142,600 |
May | 286,200 | 142,200 |
June | 278,900 | 146,200 |
July | 262,100 | 136,800 |
August | 276,600 | 142,900 |
September | 271,800 | 138,800 |
October | 281,800 | 143,800 |
November | 270,700 | 134,000 |
December | 261,200 | 133,400 |
†Housing permits have been authorized but projects have not broken ground.