New Privately-Owned Housing Units Completed: Single-Family Units
This dataset tracks new privately-owned housing units completed: single-family units over time.
Latest Value
908.00
Year-over-Year Change
-15.53%
Date Range
1/1/1968 - 6/1/2025
Summary
This economic trend measures the number of new single-family homes completed in the United States. It provides insight into the health of the residential construction industry and housing market.
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 Units Completed: Single-Family Units metric tracks the total number of newly built single-family homes that are finished and ready for occupancy. This is a key indicator of residential construction activity and can signal changes in housing supply and demand.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau through surveys of residential builders.
Historical Context
Policymakers and economists monitor this trend to assess the state of the housing market and broader economic conditions.
Key Facts
- Single-family homes account for the majority of new residential construction.
- Housing completions signal future housing supply and influence prices.
- Declining home completions can indicate a cooling housing market.
FAQs
Q: What does this economic trend measure?
A: The New Privately-Owned Housing Units Completed: Single-Family Units metric tracks the total number of newly built single-family homes that are finished and ready for occupancy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health of the residential construction industry and housing market, which are key components of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau through surveys of residential builders.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the state of the housing market and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of around one month from the end of the reference period.
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Citation
U.S. Federal Reserve, New Privately-Owned Housing Units Completed: Single-Family Units (COMPU1USA), retrieved from FRED.