New Privately Owned Housing Completions in the United States by Design Type, Detached One-Family Units
This dataset tracks new privately owned housing completions in the united states by design type, detached one-family units over time.
Latest Value
187.00
Year-over-Year Change
-6.50%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'New Privately Owned Housing Completions in the United States by Design Type, Detached One-Family Units' measure the number of newly constructed single-family detached homes completed in the U.S. This metric is a key indicator of residential construction activity and consumer demand.
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 volume of detached, single-family home construction, which represents the largest segment of the U.S. housing market. Economists and policymakers monitor this data to assess the health of the housing sector and broader economic conditions.
Methodology
The data is collected through a monthly survey of a sample of U.S. builders.
Historical Context
Housing construction figures are used to inform monetary and fiscal policies aimed at stabilizing the housing market and stimulating economic growth.
Key Facts
- Detached single-family homes account for over 80% of new residential construction.
- Housing completions data is a leading indicator of consumer demand and economic activity.
- The series has been published monthly since 1968.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of newly constructed, detached single-family homes completed in the United States.
Q: Why is this trend relevant for users or analysts?
A: Housing construction is a key indicator of consumer demand and overall economic health, making this metric closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of a sample of U.S. home builders.
Q: How is this trend used in economic policy?
A: Housing construction figures inform monetary and fiscal policies aimed at stabilizing the housing market and stimulating broader economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insights into residential construction activity.
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Citation
U.S. Federal Reserve, New Privately Owned Housing Completions in the United States by Design Type, Detached One-Family Units (COMPDTD1FQ), retrieved from FRED.