New Privately Owned Housing Completions in the United States by Number of Units in Building, 10 to 19 Units
This dataset tracks new privately owned housing completions in the united states by number of units in building, 10 to 19 units over time.
Latest Value
7.00
Year-over-Year Change
40.00%
Date Range
1/1/1987 - 1/1/2025
Summary
The 'New Privately Owned Housing Completions in the United States by Number of Units in Building, 10 to 19 Units' measures the number of new residential buildings with 10 to 19 units that are completed each quarter. This metric is a key indicator of housing and construction activity in the U.S. economy.
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
This series tracks the completion of new multi-unit housing projects, providing insight into real estate development and construction sector trends. It is used by economists, policymakers, and real estate analysts to assess the health of the housing market and broader economic conditions.
Methodology
The data is collected through surveys of residential construction firms by the U.S. Census Bureau.
Historical Context
This metric informs housing and urban planning policies, as well as lending and investment decisions in real estate markets.
Key Facts
- Quarterly data series since 1973.
- Measures new residential buildings with 10-19 units.
- Indicates strength of the housing and construction sectors.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of new privately owned residential buildings with 10 to 19 units that are completed each quarter in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing and construction sector activity, which is crucial for assessing broader economic conditions and informing real estate, urban planning, and lending policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential construction firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric informs housing and urban planning policies, as well as lending and investment decisions in real estate markets.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, New Privately Owned Housing Completions in the United States by Number of Units in Building, 10 to 19 Units (COMPDTD1019UMQ), retrieved from FRED.