New Private Housing Units Authorized by Building Permits: 1-Unit Structures for the District of Columbia
DCBP1FH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
-39.13%
Date Range
1/1/1988 - 6/1/2025
Summary
This economic trend measures the number of new private housing units authorized by building permits for 1-unit structures in the District of Columbia. It provides important insights into the region's residential construction activity and housing market conditions.
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 Private Housing Units Authorized by Building Permits: 1-Unit Structures for the District of Columbia metric tracks the number of permits issued for the construction of new single-family homes. This data is a leading indicator of future residential investment and construction-related economic activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of municipal building permit offices.
Historical Context
This trend is closely monitored by policymakers, urban planners, and real estate analysts to assess the health of the local housing market and make informed decisions.
Key Facts
- The data is reported on a monthly basis.
- Building permits are a leading indicator of future construction activity.
- The District of Columbia is a key market for monitoring housing trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new private housing units authorized by building permits for 1-unit structures in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the residential construction activity and housing market conditions in the District of Columbia, which is a critical factor for policymakers, urban planners, and real estate analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of municipal building permit offices.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, urban planners, and real estate analysts to assess the health of the local housing market and make informed decisions about policies, investments, and development.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for slight delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, New Private Housing Units Authorized by Building Permits: 1-Unit Structures for the District of Columbia (DCBP1FH), retrieved from FRED.