MONTHLY RESIDENTIAL CONSTRUCTION, AUGUST 2021

FOR RELEASE AT 8:30 AM EDT, WEDNESDAY, JULY 17, 2024

MONTHLY NEW RESIDENTIAL CONSTRUCTION, JUNE 2024

Release Number: CB24-115

July 17, 2024 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2024:

NEW RESIDENTIAL CONSTRUCTION

JUNE 2024

Building Permits: Housing Starts:

Housing Completions:

1,446,000 1,353,000 1,710,000

Next Release: August 16, 2024

Seasonally Adjusted Annual Rate (SAAR) Source: U.S. Census Bureau, HUD, July 17, 2024

Thousands of Units

New Residential Construction

2,100

(Seasonally Adjusted Annual Rate)

1,800

1,500

1,200

900

600

Permits

Starts

300

Completions

0

Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Jun-24

Source: U.S. Census Bureau, HUD, July 17, 2024

Building Permits Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,446,000. This is 3.4 percent above the revised May rate of 1,399,000, but is 3.1 percent below the June 2023 rate of 1,493,000. Single-family authorizations in June were at a rate of 934,000; this is 2.3 percent below the revised May figure of 956,000. Authorizations of units in buildings with five units or more were at a rate of 460,000 in June.

Housing Starts Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,353,000. This is 3.0 percent (?10.5 percent)* above the revised May estimate of 1,314,000, but is 4.4 percent (?12.7 percent)* below the June 2023 rate of 1,415,000. Single-family housing starts in June were at a rate of 980,000; this is 2.2 percent (?12.1 percent)* below the revised May figure of 1,002,000. The June rate for units in buildings with five units or more was 360,000.

Housing Completions Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,710,000. This is 10.1 percent (?10.6 percent)* above the revised May estimate of 1,553,000 and is 15.5 percent (?12.6 percent) above the June 2023 rate of 1,480,000. Single-family housing completions in June were at a rate of 1,037,000; this is 1.8 percent (?10.3 percent)* above the revised May rate of 1,019,000. The June rate for units in buildings with five units or more was 656,000.

Data Inquiries Economic Indicators Division, Residential Construction Branch 301-763-5160 eid.rcb.customer.service@

Media Inquiries Public Information Office

301-763-3030 pio@

The July report is scheduled for release on August 16, 2024. View the full schedule in the Economic Briefing Room: . The full text and tables for this release can be found at .

EXPLANATORY NOTES In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take three months to establish an underlying trend for building permit authorizations, six months for total starts, and six months for total completions. The statistics in Table 1 in this release are based on a non-probability sample and not subject to sampling error. They are, however, still subject to nonsampling error. The total quantity response rate for these estimates is 76.0%. The statistics in Tables 2-5 in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated relative standard errors of the most recent data are shown in the tables. Whenever a statement such as "2.5 percent (?3.2 percent) above" appears in the text, this indicates the range (-0.7 to +5.7 percent) in which the actual percentage change is likely to have occurred. All ranges given for percentage changes are 90 percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percentage changes shown in the tables. On average, the preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised 1.9 percent or less. Explanations of confidence intervals and sampling variability can be found on our website.

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Disclosure Review Board (DRB) approval number: CBDRB-FY23-0307).

API The Census Bureau's application programming interface lets developers create custom apps to reach new users and makes key demographic, socio-economic and housing statistics more accessible than ever before.

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Receive the latest updates on the nation's key economic indicators by downloading the FRED App for both Apple and Android devices. FRED, the signature database of the Federal Reserve Bank of St. Louis, now incorporates the Census Bureau's 13 economic indicators.

###

* The 90 percent confidence interval includes zero. In such cases, there is insufficient statistical evidence to conclude that the actual change is different from zero.

Data Inquiries Economic Indicators Division, Residential Construction Branch 301-763-5160 eid.rcb.customer.service@

Media Inquiries Public Information Office

301-763-3030 pio@

New Privately-Owned Housing Units Authorized in Permit-Issuing Places

(Thousands of Units. Detail may not add to total because of rounding.)

Table 1a - Seasonally adjusted annual rate

Period

2023 June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .

Total

1,493 1,501 1,578 1,515 1,534 1,508 1,530

United States 2 to 4 5 units

1 unit units or more

946 953 972 982 986 999 1,017

55

492

49

499

64

542

51

482

51

497

50

459

51

462

Northeast Total 1 unit

132

61

122

53

159

57

129

54

153

59

116

58

129

52

Midwest Total 1 unit

204

114

194

119

213

121

199

120

174

118

197

123

203

126

South Total 1 unit

819

570

843

580

840

590

841

603

862

601

803

596

864

610

West Total 1 unit

338

201

342

201

366

204

346

205

345

208

392

222

334

229

2024 January . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . June (p) . . . . . . . . . . . . . . . . . . . . . . . . . .

Percent Change1 Jun. 2024 from May. 2024 . . . . . . . . . . . Jun. 2024 from Jun. 2023 . . . . . . . . . . . .

1,508 1,563 1,485 1,440 1,399 1,446

3.4% -3.1%

1,031 1,027

984 977 956 934

-2.3% -1.3%

51

426

147

57

479

214

52

449

146

56

407

152

57

386

120

52

460

117

-8.8% 19.2% -2.5% -5.5% -6.5% -11.4%

59

213

60

237

56

204

61

166

58

180

61

208

5.2% 15.6% 0.0% 2.0%

123

800

608

348

241

141

794

603

318

223

133

794

577

341

218

119

828

589

294

208

114

779

577

320

207

121

801

551

320

201

6.1% 6.1%

2.8% -2.2%

-4.5% -3.3%

0.0% -5.3%

-2.9% 0.0%

Table 1b - Not seasonally adjusted

Period

Total

2022 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,680.4 2023 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,511.1

2023 Year to date . . . . . . . . . . . . . . . . . . 759.3 2024 Year to date . . . . . . . . . . . . . . . . . . 752.1

Year to date percent change? . . . . . . . . -1.0%

2023 June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .

141.6 122.5 147.0 120.8 129.2 112.6 110.3

United States 2 to 4 5 units

1 unit units or more

973.9 920.0

55.2 651.3 54.7 536.4

451.2 514.5

27.8 280.3 26.8 210.8

14.0% -3.6% -24.8%

92.7

5.3

43.6

79.3

4.0

39.2

90.1

5.9

51.0

78.0

4.2

38.5

81.4

4.8

43.0

71.1

3.9

37.7

66.3

3.6

40.4

Northeast

Total

156.8 140.8

72.4 71.8

-0.8%

1 unit

61.5 55.5

27.7 30.0

8.3%

13.8

5.9

10.4

4.6

13.5

5.3

10.3

4.7

12.1

5.0

9.1

4.4

11.7

3.6

Midwest

Total

220.8 195.1

92.6 95.4

3.0%

1 unit

121.5 114.0

53.6 61.5

14.7%

19.7

11.8

16.0

10.4

21.3

11.9

17.9

10.8

17.3

10.9

15.6

8.9

12.3

7.0

South

Total

909.3 829.9

422.1 419.2

-0.7%

1 unit

577.2 556.5

275.5 310.6

12.7%

75.2 54.6 68.2 47.3 78.4 53.6 65.5 46.7 72.2 48.8 57.5 42.0 60.4 40.3

West

Total

393.5 345.3

172.2 165.7

-3.8%

1 unit

213.6 194.0

94.3 112.5

19.3%

33.0

20.5

27.8

17.0

33.8

19.2

27.0

15.9

27.5

16.7

30.4

15.8

25.9

15.3

2024 January . . . . . . . . . . . . . . . . . . . . . . . . . . . 114.8 75.9 February . . . . . . . . . . . . . . . . . . . . . . . . . . 119.1 79.4 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124.3 85.2 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.3 93.6 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.4 94.1 June (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 125.0 83.3

3.7 35.1 10.7 4.1 35.6 14.3 4.3 34.8 12.4 5.0 33.7 12.1 5.2 33.1 10.9 4.4 37.3 11.8

4.4 12.3

6.6 66.7 48.0 25.1 17.0

4.2 14.3

8.8 64.9 49.5 25.6 16.9

4.4 15.9 10.6 67.2 51.2 28.8 18.9

5.6 16.2 12.2 77.5 56.0 26.5 19.8

5.8 18.3 11.8 73.2 55.8 30.0 20.6

5.7 18.2 11.2 66.5 48.0 28.6 18.4

p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards X Not applicable

1 Computed using unrounded data Note: Year-to-date permits estimates reflect revisions not distrubuted to months.

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, July 17, 2024. Additional information on the survey methodology may be found at .

New Privately-Owned Housing Units Authorized, but Not Started, at End of Period

(Thousands of Units. Detail may not add to total because of rounding.)

Table 2a - Seasonally adjusted

Period

2023 June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .

Total

United States 2 to 4 5 units

1 unit units or more

274

140

268

137

275

140

277

141

282

144

280

139

265

140

S

131

S

128

S

130

S

131

S

133

S

136

S

120

Northeast Total 1 unit

35

15

32

14

34

14

34

15

39

16

35

14

29

14

Midwest Total 1 unit

21

11

21

11

22

12

22

13

19

13

19

11

19

12

South Total 1 unit

153

80

152

79

155

81

152

79

158

83

157

81

152

83

West Total 1 unit

65

34

63

33

64

33

69

34

66

32

69

33

65

31

2024 January . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . April (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . June (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . .

Percent Change2

Jun. 2024 from May. 2024 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .

Jun. 2024 from Jun. 2023 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .

267 266 275 274 272 277

6

1.8% ? 2.9 1.1% ? 12.5

142 140 139 139 139 140

5

0.7% ? 4.7 0.0% ? 10.4

S

120

30

13

21

12

151

86

65

31

S

122

33

12

21

13

148

83

64

32

S

131

38

14

20

12

151

81

66

32

S

129

41

15

21

12

147

81

65

31

S

127

38

15

23

11

149

83

62

30

S

131

39

16

25

12

149

82

64

30

X

9

23

21

10

9

7

7

10

8

S

3.1% 2.6% 6.7% 8.7% 9.1% 0.0% -1.2% 3.2% 0.0%

X ? 4.1 ? 7.0 ? 8.4 ? 10.3 ? 11.8 ? 4.2 ? 7.4 ? 5.5 ? 5.6

S

0.0% 11.4% 6.7% 19.0% 9.1% -2.6% 2.5% -1.5% -11.8%

X ? 20.9 ? 42.6 ? 48.0 ? 28.6 ? 26.7 ? 15.5 ? 13.2 ? 16.8 ? 17.2

Table 2b - Not seasonally adjusted

Period

2023 June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .

Total

278.9 262.1 276.6 271.8 281.8 270.7 261.2

United States 2 to 4 5 units

1 unit units or more

146.2 136.8 142.9 138.8 143.8 134.0 132.4

3.3 129.5 3.4 121.9 4.5 129.1 4.9 128.1 5.0 133.0 5.4 131.2 4.7 124.1

Northeast

Total 1 unit

35.5 15.4 32.5 13.7 32.3 14.0 32.1 14.6 35.9 15.8 33.1 13.9 29.7 13.0

Midwest Total 1 unit

South Total 1 unit

21.1

12.3 155.2

81.6

18.8

10.7 149.6

79.6

22.2

12.7 156.1

82.2

22.2

12.7 151.5

78.9

18.8

13.1 161.3

84.0

17.7

9.6 153.1 80.1

17.1

9.5 150.2 80.7

West Total 1 unit

67.1

36.8

61.3

32.8

66.0

34.0

66.1

32.6

65.8

30.9

66.8

30.5

64.2

29.1

2024 January . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . April (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . June (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . .

268.4 270.8 278.5 279.9 280.4 276.4

6

138.3 139.4 140.9 142.2 147.7 141.9

5

4.7 125.5

30.6

12.6

21.0

10.6 153.2

84.7

63.5

30.3

4.0 127.4

34.8

12.1

21.7

12.9 149.5

82.6

64.8

31.8

5.2 132.4

39.3

14.0

21.8

13.6 149.4

80.3

68.0

33.0

5.7 132.0

40.7

15.7

25.1

13.3 147.7

81.1

66.5

32.2

5.9 126.8 39.7 16.1 24.8 13.4 150.9 85.7 65.0 32.5

6.3 128.3 40.1 16.3 24.2 13.1 147.6 80.9 64.5 31.5

29

9

23

21

10

9

7

7

10

8

p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards X Not applicable

1 Average relative standard error for the latest 6-month period 2 Computed using unrounded data 3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals Note: These data represent the number of housing units authorized in all months up to and including the last day of the reporting period and not started

as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired, and revoked permits are excluded.

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, July 17, 2024. Additional information on the survey methodology may be found at .

New Privately-Owned Housing Units Started

(Thousands of Units. Detail may not add to total because of rounding.)

Table 3a - Seasonally adjusted annual rate

Period

2023 June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .

Total

1,415 1,473 1,305 1,363 1,365 1,510 1,568

United States 2 to 4 5 units

1 unit units or more

930 999 943 973 975 1,126 1,078

S

470

S

464

S

355

S

376

S

373

S

371

S

471

Northeast Total 1 unit

97

58

113

63

127

55

86

53

79

61

129

72

128

59

Midwest Total 1 unit

167

111

174

122

161

108

191

117

212

115

203

168

202

126

South Total 1 unit

813

560

800

564

731

584

790

590

722

547

818

631

852

628

West Total 1 unit

338

201

386

250

286

196

296

213

352

252

360

255

386

265

2024 January . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . April (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . June (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . .

Percent Change2

Jun. 2024 from May. 2024 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .

Jun. 2024 from Jun. 2023 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .

1,376 1,546 1,299 1,377 1,314 1,353

5

3.0% ? 10.5 -4.4% ? 12.7

1,011 1,134 1,041 1,037 1,002

980 5

-2.2% ? 12.1

5.4% ? 13.6

S

347

133

S

396

119

S

251

96

S

334

103

S

295

90

S

360

121

X

15

18

69

139

112

754

579

350

251

82

239

152

863

669

325

231

67

154

135

732

615

317

224

63

182

142

806

617

286

215

69

153

110

745

588

326

235

67

194

111

732

591

306

211

19

13

11

7

7

9

10

S 22.0% 34.4% -2.9% 26.8% 0.9% -1.7% 0.5% -6.1% -10.2% X ? 31.7 ? 48.2 ? 45.6 ? 36.8 ? 27.1 ? 13.0 ? 18.2 ? 16.7 ? 15.9 S -23.4% 24.7% 15.5% 16.2% 0.0% -10.0% 5.5% -9.5% 5.0% X ? 20.1 ? 64.8 ? 42.7 ? 30.3 ? 25.0 ? 17.5 ? 19.9 ? 16.9 ? 13.9

Table 3b - Not seasonally adjusted Period

Total

United States 2 to 4 5 units

1 unit units or more

2022 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,552.6 1,005.2

2023 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,420.0 947.7

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . .

2

1

16.4 531.0

13.4 458.8

32

4

2023 Year to date . . . . . . . . . . . . . . . . . . 2024 Year to date . . . . . . . . . . . . . . . . . . . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . .

715.2 693.3

3

449.4 521.8

2

6.7 259.1

6.4 165.1

22

9

Year to date percent change? . . . . . . . . -3.1% 16.1% -4.2% -36.3% . 90 percent confidence interval 3 . . . . . . ? 5.4 ? 5.0 ? 36.2 ? 8.3

2023 June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.6 89.8 July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131.4 91.9 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115.8 84.6 September . . . . . . . . . . . . . . . . . . . . . . . . 117.0 82.8 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 115.1 81.2 November . . . . . . . . . . . . . . . . . . . . . . . . . 116.5 84.9 December . . . . . . . . . . . . . . . . . . . . . . . . . 108.9 72.8

1.4

41.5

0.8

38.8

0.6

30.5

1.3 32.9

1.5 32.4

1.1 30.5

1.4 34.7

Northeast

Total

142.1 114.8

7

58.8 53.0

9

-9.9% ? 18.0

1 unit

63.0 60.8

8

29.2 32.7

11

12.0% ? 24.0

9.2

5.8

10.3

6.2

11.3

5.1

7.6

4.7

6.7

5.1

11.1

6.4

9.1

4.0

Midwest

Total

205.8 184.9

3

87.0 84.1

5

-3.4% ? 12.2

1 unit

129.7 118.0

4

52.5 59.1

3

12.6% ? 9.6

16.8

11.9

17.1

12.7

14.9

10.4

17.6 11.1

19.9 11.5

15.5 12.6

12.9

7.3

South

Total

834.1 792.1

2

410.3 396.0

4

-3.5% ? 7.8

1 unit

581.3 564.2

1

279.5 314.9

3

12.7% ? 5.6

75.3 52.9 69.2 49.5 64.2 51.5 66.7 49.1 59.3 44.1 62.0 46.6 60.4 44.0

West

Total

370.6 328.2

3

159.1 160.3

4

0.7% ? 7.7

1 unit

231.2 204.7

3

88.3 115.1

4

30.4% ? 14.3

31.3

19.2

34.8

23.5

25.4

17.6

25.1 17.9

29.2 20.5

28.0 19.4

26.5 17.6

2024

January . . . . . . . . . . . . . . . . . . . . . . . . . . . 97.9 70.3

February . . . . . . . . . . . . . . . . . . . . . . . . . . 113.7 82.2

March . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109.8 88.8

April (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . 125.7 96.1

May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . 120.2 92.1

June (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 126.1 92.3

. Average RSE (%) 1 . . . . . . . . . . . . . . . . .

5

5

1.4 26.1

9.4

1.2 30.3

7.5

0.6 20.5

7.6

0.6 29.0

9.2

1.6 26.6

8.3

1.1 32.6 11.0

40

15

18

4.6

7.2

5.2 57.0 43.8 24.3 16.8

4.7 14.0

7.3 68.2 53.3 24.0 16.8

5.2 11.4

9.9 64.1 54.5 26.7 19.2

5.7 16.6 13.2 72.7 56.3 27.1 20.9

6.4 15.6 11.7 66.9 52.7 29.5 21.3

6.1

19.3

11.8

67.1

54.4

28.6

20.0

19

13

11

7

7

9

10

p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards X Not applicable

1 Average relative standard error for the latest 6-month period 2 Computed using unrounded data 3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, July 17, 2024. Additional information on the survey methodology may be found at .

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