New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Delaware
DEBP1FHSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
467.44
Year-over-Year Change
10.58%
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 state of Delaware. It is a key indicator of residential construction activity and future 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 Private Housing Units Authorized by Building Permits: 1-Unit Structures for Delaware metric tracks the number of new single-family homes that have received the necessary permits to begin construction. This data is used by economists and policymakers to gauge the health of the residential real estate market and predict future housing supply.
Methodology
The data is collected by the U.S. Census Bureau through monthly surveys of local building permit offices.
Historical Context
Trends in new housing permits are closely watched by real estate investors, homebuilders, and government agencies to understand current and future housing market conditions.
Key Facts
- Delaware issued permits for over 6,000 new 1-unit homes in 2022.
- New housing permits in Delaware peaked in the mid-2000s housing boom.
- Permit issuance declined sharply during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new private housing units authorized by building permits for 1-unit structures in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: New housing permits are a leading indicator of future residential construction activity and housing supply, making this data highly relevant for real estate investors, homebuilders, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected monthly by the U.S. Census Bureau through surveys of local building permit offices.
Q: How is this trend used in economic policy?
A: Trends in new housing permits are closely watched by government agencies and policymakers to understand current and future housing market conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Census Bureau, but may have a 1-2 month lag in reporting.
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Citation
U.S. Federal Reserve, New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Delaware (DEBP1FHSA), retrieved from FRED.