New Privately-Owned Housing Units Authorized by Building Permits: 5-Unit Structures or More : 36.1 (As of 2024-07-01)

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Basic Info

New Privately-Owned Housing Units Authorized by Building Permits: 5-Unit Structures or More measures the number of permits issued for the construction of residential buildings containing five or more housing units. This metric is a critical indicator of future construction activity in the multi-family housing sector and reflects trends in urban development, housing demand, and the broader economic environment. Monthly, not seasonally adjusted.

New Privately-Owned Housing Units Authorized by Building Permits: 5-Unit Structures or More was 36.1 as of 2024-07-01, according to United States Census Bureau. Historically, New Privately-Owned Housing Units Authorized by Building Permits: 5-Unit Structures or More reached a record high of 103.5 and a record low of 7.5, the median value is 31.5. Typical value range is from 31.6 to 48.5. The Year-Over-Year growth is -7.89%. GuruFocus provides the current actual value, an historical data chart and related indicators for New Privately-Owned Housing Units Authorized by Building Permits: 5-Unit Structures or More - last updated on 2024-07-01.

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

Stats

Name Value
Last Value 36.1
Latest Period 2024-07-01
Long Term Average 40.05
Average Annualized Growth Rate +1.37%
Value from 1 year ago 39.2
Change from 1 year ago -7.91%
Frequency Daily
Unit Thousands
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