New Privately Owned Housing Completions in the United States by Design Type, Attached One-Family Units
This dataset tracks new privately owned housing completions in the united states by design type, attached one-family units over time.
Latest Value
43.00
Year-over-Year Change
34.38%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the number of newly completed attached one-family housing units in the United States. It is an important indicator of residential construction activity and housing supply.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'New Privately Owned Housing Completions in the United States by Design Type, Attached One-Family Units' series tracks the monthly volume of completed attached single-family homes. This metric helps analysts assess the state of the housing market and identify shifts in consumer demand for different types of residential construction.
Methodology
The data is collected by the U.S. Census Bureau through surveys of residential construction activity.
Historical Context
Policymakers and economists closely monitor this housing completion trend to gauge the health of the real estate sector and broader economy.
Key Facts
- Attached one-family homes make up about 12% of new residential construction.
- Housing completions hit a low of 57,000 units per month during the 2008 recession.
- The average number of attached one-family housing completions is around 95,000 per month.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of newly completed attached single-family housing units in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This housing completion data is an important indicator of residential construction activity and consumer demand for different home types, which is closely watched by policymakers, economists, and real estate market participants.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of residential construction activity.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this housing completion trend to assess the health of the real estate sector and broader economy, and to inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The housing completions data is published monthly with a lag of around 1-2 months.
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Citation
U.S. Federal Reserve, New Privately Owned Housing Completions in the United States by Design Type, Attached One-Family Units (COMPDTA1FQ), retrieved from FRED.