New Privately Owned Housing Starts in the United States by Design Type, Detached One-Family Units
HOUSTDTD1FQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
217.00
Year-over-Year Change
-18.11%
Date Range
1/1/1985 - 4/1/2025
Summary
This trend measures the number of new privately owned detached one-family housing units started in the United States. It is a key indicator of 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 Privately Owned Housing Starts in the United States by Design Type, Detached One-Family Units metric tracks the initiation of new single-family home construction projects. This provides insight into housing supply, consumer demand, and broader macroeconomic trends.
Methodology
The data is collected through surveys of residential construction firms by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to gauge the health of the housing market and broader economy.
Key Facts
- New housing starts for detached one-family units reached a peak of 1.7 million in 2005.
- Housing starts fell sharply during the 2008 financial crisis, dropping below 500,000 units.
- As of 2022, new housing starts for detached one-family units were around 1 million.
FAQs
Q: What does this economic trend measure?
A: This metric measures the number of new privately owned detached one-family housing units that have started construction in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health of the housing market and broader economic conditions, as new residential construction is a key driver of economic activity.
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: Policymakers and analysts use this metric to assess the state of the housing market and make informed decisions about economic policy, such as interest rates and housing market regulations.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, with a typical delay of around one month between the reference period and the release date.
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Citation
U.S. Federal Reserve, New Privately Owned Housing Starts in the United States by Design Type, Detached One-Family Units (HOUSTDTD1FQ), retrieved from FRED.