New Private Housing Units Authorized by Building Permits in 5-Unit Structures : 446 (As of 2024-08-01)

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Basic Info

New Private Housing Units Authorized by Building Permits in 5-Unit Structures measures the number of new residential construction projects for buildings containing five or more housing units that have received official approval through building permits within a specified period. This metric is an indicator of future construction activity in the high-density, multi-family housing sector and reflects broader trends in urban development and housing market demand. Monthly, seasonally adjusted annually.

New Private Housing Units Authorized by Building Permits in 5-Unit Structures was 446 as of 2024-08-01, according to United States Census Bureau. Historically, New Private Housing Units Authorized by Building Permits in 5-Unit Structures reached a record high of 1235 and a record low of 87, the median value is 385. Typical value range is from 388 to 573. The Year-Over-Year growth is -17.67%. GuruFocus provides the current actual value, an historical data chart and related indicators for New Private Housing Units Authorized by Building Permits in 5-Unit Structures - last updated on 2024-08-01.

Category Production & Business Activity
Region USA
Source United States Census Bureau

Stats

Name Value
Last Value 446
Latest Period 2024-08-01
Long Term Average 480.81
Average Annualized Growth Rate +1.42%
Value from 1 year ago 542
Change from 1 year ago -17.71%
Frequency Daily
Unit Thousands
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