5 days ago - In interpreting changes in the statistics in this release, note that ..... 10. 17. 21. 15. 16. 8. 8. 11. 15
FOR RELEASE AT 8:30 AM EDT, WEDNESDAY, MAY 16, 2018
MONTHLY NEW RESIDENTIAL CONSTRUCTION, APRIL 2018 Release Number: CB18-71 Notice: With this release, unadjusted estimates of housing units authorized by building permits for January through December 2017 have been revised. Also, seasonally adjusted estimates of housing units authorized by building permits have been revised back to January 2012, and seasonally adjusted estimates of housing units authorized but not started, started, under construction, and completed have been revised back to January 2013. All revised estimates are available on our website. With each April release, seasonally adjusted data will now be revised for an additional five years beyond the revision period for unadjusted data. Research has shown that this revision span should produce more reliable seasonally adjusted time series.
May 16, 2018 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for April 2018: New Residential Construction
NEW RESIDENTIAL CONSTRUCTION APRIL 2018 1,352,000
Housing Starts:
1,287,000
Housing Completions:
1,257,000
Thousands of Units
Building Permits:
(Seasonally Adjusted Annual Rate) 1,500 1,200 900 600 Permits Starts Completions
300
Next Release: June 19, 2018
0 Apr-13
Seasonally Adjusted Annual Rate Source: U.S. Census Bureau, HUD, May 16, 2018
Apr-14
Apr-15
Apr-16
Apr-17
Apr-18
Source: U.S. Census Bureau, HUD, May 16, 2018
Building Permits Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,352,000. This is 1.8 percent (±1.3 percent) below the revised March rate of 1,377,000, but is 7.7 percent (±0.9 percent) above the April 2017 rate of 1,255,000. Single-family authorizations in April were at a rate of 859,000; this is 0.9 percent (±1.4 percent)* above the revised March figure of 851,000. Authorizations of units in buildings with five units or more were at a rate of 450,000 in April. Housing Starts Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,287,000. This is 3.7 percent (±11.4 percent)* below the revised March estimate of 1,336,000, but is 10.5 percent (±9.7 percent) above the April 2017 rate of 1,165,000. Single-family housing starts in April were at a rate of 894,000; this is 0.1 percent (±11.8 percent)* above the revised March figure of 893,000. The April rate for units in buildings with five units or more was 374,000. Data Inquiries Economic Indicators Division, Residential Construction Branch 301‐763‐5160
[email protected]
Media Inquiries Public Information Office 301‐763‐3030
[email protected]
Housing Completions Privately-owned housing completions in April were at a seasonally adjusted annual rate of 1,257,000. This is 2.8 percent (±10.1 percent)* above the revised March estimate of 1,223,000 and is 14.8 percent (±10.5 percent) above the April 2017 rate of 1,095,000. Single-family housing completions in April were at a rate of 820,000; this is 4.0 percent (±9.2 percent)* below the revised March rate of 854,000. The April rate for units in buildings with five units or more was 425,000. The May report is scheduled for release on June 19, 2018. View the full schedule in the Economic Briefing Room: . The full text and tables for this release can be found at . EXPLANATORY NOTES In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take three months to establish an underlying trend for building permit authorizations, six months for total starts, and six months for total completions. The statistics in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated relative standard errors of the most recent data are shown in the tables. Whenever a statement such as “2.5 percent (±3.2 percent) above” appears in the text, this indicates the range (-0.7 to +5.7 percent) in which the actual percentage change is likely to have occurred. All ranges given for percentage changes are 90 percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percentage changes shown in the tables. On average, the preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised 2.1 percent or less. Explanations of confidence intervals and sampling variability can be found on our website.
API The Census Bureau’s application programming interface lets developers create custom apps to reach new users and makes key demographic, socio-economic and housing statistics more accessible than ever before. FRED Mobile App Receive the latest updates on the nation’s key economic indicators by downloading the FRED App for both Apple and Android devices. FRED, the signature database of the Federal Reserve Bank of St. Louis, now incorporates the Census Bureau’s 13 economic indicators. ### * The 90 percent confidence interval includes zero. In such cases, there is insufficient statistical evidence to conclude that the actual change is different from zero.
Data Inquiries Economic Indicators Division, Residential Construction Branch 301‐763‐5160
[email protected]
Media Inquiries Public Information Office 301‐763‐3030
[email protected]
New Privately‐Owned Housing Units Authorized in Permit‐Issuing Places (Thousands of Units. Detail may not add to total because of rounding.)
Table 1a ‐ Seasonally adjusted annual rate Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
1 unit
Midwest Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 (r) April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
1,255 1,205 1,312 1,258 1,300 1,254 1,343 1,323 1,320
796 784 813 817 803 831 854 864 877
36 35 37 42 36 36 35 41 38
423 386 462 399 461 387 454 418 405
120 124 105 122 109 120 121 113 144
51 50 55 54 56 70 51 52 53
193 178 212 173 189 189 197 187 220
121 109 120 117 114 123 127 130 133
597 597 643 638 634 612 647 660 589
431 439 447 457 432 434 461 469 463
345 306 352 325 368 333 378 363 367
193 186 191 189 201 204 215 213 228
2018 January (r). . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . . .
1,366 1,323 1,377 1,352 2
870 886 851 859 2
45 46 40 43 5
451 391 486 450 2
115 145 135 92 2
48 63 51 49 4
176 192 203 194 3
124 127 119 122 4
697 617 652 730 2
470 471 456 478 2
378 369 387 336 2
228 225 225 210 3
Percent Change2 Apr. 2018 from Mar. 2018 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . . Apr. 2018 from Apr. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
‐1.8% ± 1.3 7.7% ± 0.9
0.9% ± 1.4 7.9% ± 1.0
7.5% ± 11.6 19.4% ± 14.2
‐7.4% ± 3.0 6.4% ± 2.3
‐31.9% ± 2.3 ‐23.3% ± 2.9
‐3.9% ± 6.5 ‐3.9% ± 6.4
‐4.4% ± 6.9 0.5% ± 5.2
2.5% ± 4.9 0.8% ± 4.2
12.0% ± 1.5 22.3% ± 1.1
4.8% ± 1.1 10.9% ± 1.3
‐13.2% ± 1.7 ‐2.6% ± 2.2
‐6.7% ± 3.7 8.8% ± 3.8
Table 1b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
1 unit
Midwest Total
South 1 unit
Total
West 1 unit
Total
1 unit
2016 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,206.6 750.8 34.8 421.1 116.4 54.3 186.1 112.4 594.5 406.0 309.6 178.1 2017 Annual (r). . . . . . . . . . . . . . . . . . . . . 1,282.0 820.0 37.2 424.8 123.6 54.2 195.1 121.5 626.9 447.6 336.4 196.7 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 4 1 2 4 3 4 1 2 1 2 2017 Year to date . . . . . . . . . . . . . . . . . . . 389.8 256.5 10.7 122.7 36.9 15.9 54.8 35.2 200.8 146.2 97.4 59.2 2018 Year to date . . . . . . . . . . . . . . . . . . . 424.1 278.5 13.0 132.6 33.8 15.0 53.0 34.8 222.1 158.0 115.3 70.7 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 4 1 2 3 3 4 1 2 2 3 Year to date percent change² . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
8.8% ± 1.0
8.6% ± 1.0
21.5% ± 9.2
8.1% ± 1.8
‐8.4% ± 2.2
‐5.7% ± 3.2
‐3.3% ± 3.3
‐1.1% ± 2.5
10.6% ± 0.6
8.1% ± 0.5
18.4% ± 3.3
19.4% ± 5.3
2017 (r) April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
105.0 115.3 130.8 102.9 122.1 103.3 116.3 98.8 94.8
69.3 78.4 81.8 69.2 76.6 66.6 71.0 62.0 56.5
2.7 3.1 3.8 3.3 3.5 3.2 3.1 3.2 2.8
32.9 33.8 45.2 30.4 42.0 33.5 42.3 33.6 35.5
9.8 11.9 11.0 10.6 10.0 10.8 10.3 9.1 11.7
4.4 5.0 5.6 4.8 5.3 6.2 4.6 4.2 3.5
17.0 18.2 21.7 14.9 19.2 18.0 19.8 14.5 13.0
11.1 11.9 12.7 10.5 11.8 11.0 12.0 9.6 7.0
49.5 56.0 61.6 51.6 58.8 47.6 55.1 47.6 42.6
37.0 42.5 43.2 37.8 40.5 33.8 37.0 33.2 30.7
28.7 29.2 36.6 25.7 34.0 26.9 31.1 27.5 27.4
16.7 18.9 20.3 16.1 18.9 15.7 17.3 15.0 15.4
2018 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
96.7 92.1 117.6 118.6 2
61.8 62.2 75.8 78.6 2
3.2 3.2 3.3 3.5 5
31.7 26.7 38.4 36.5 2
7.5 8.2 10.5 7.5 2
3.0 3.4 4.2 4.4 4
9.2 9.7 15.9 18.0 3
6.0 6.9 10.1 11.7 4
53.7 47.7 57.3 64.3 2
36.9 35.9 41.7 43.3 2
26.3 26.4 33.9 28.8 2
15.9 15.9 19.8 19.2 3
p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standards X Not applicable 1
Average relative standard error for the latest 6‐month period Computed using unrounded data 3 If the 90 percent confidence interval includes zero, there is insufficient evidence to conclude that the actual change is different from zero Note: Year‐to‐date permits estimates reflect revisions not distrubuted to months. 2
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, May 16, 2018. Additional information on the survey methodology may be found at .
New Privately‐Owned Housing Units Authorized, but Not Started, at End of Period (Thousands of Units. Detail may not add to total because of rounding.)
Table 2a ‐ Seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
1 unit
Midwest Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 (r) April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
143 147 145 142 149 150 154 152 159
78 80 78 79 78 77 81 80 87
S S S S S S S S S
64 66 65 61 69 71 71 70 70
15 17 13 13 13 14 12 12 15
6 6 6 5 5 5 5 5 6
21 21 20 20 20 18 19 20 23
10 9 9 9 10 9 9 9 10
69 72 74 71 74 77 77 76 76
43 46 44 45 43 44 46 45 49
38 37 38 38 42 41 46 44 45
19 19 19 20 20 19 21 21 22
2018 January (r). . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . . .
163 160 160 163 7
90 89 89 91 6
S S S S X
70 69 68 70 10
14 13 13 12 17
6 6 6 6 21
23 23 21 25 15
10 11 10 12 16
80 79 82 85 8
51 50 51 50 8
46 45 44 41 11
23 22 22 23 15
1.9% ± 4.1 14.0% ± 9.2
2.2% ± 5.7 16.7% ± 10.4
S X S X
2.9% ± 6.5 9.4% ± 16.0
‐7.7% ± 11.9 ‐20.0% ± 38.5
0.0% ± 16.4 0.0% ± 48.7
19.0% ± 7.0 19.0% ± 24.9
20.0% ± 8.5 20.0% ± 26.6
3.7% ± 6.1 23.2% ± 12.4
‐2.0% ± 7.1 16.3% ± 15.8
‐6.8% ± 7.0 7.9% ± 14.0
4.5% ± 12.9 21.1% ± 16.2
2
Percent Change Apr. 2018 from Mar. 2018 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . . Apr. 2018 from Apr. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
Table 2b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
1 unit
Midwest Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
143.7 151.3 155.9 140.6 153.1 151.3 149.5 144.3 153.4
78.3 83.6 85.3 77.8 81.0 78.4 78.0 75.4 80.1
1.5 1.2 2.2 2.3 2.5 1.9 1.9 1.8 1.9
64.0 66.4 68.4 60.4 69.6 71.0 69.5 67.0 71.4
15.1 18.1 13.9 12.7 12.7 14.0 11.0 10.9 15.2
5.6 6.6 6.7 5.4 5.3 5.2 4.8 4.8 5.2
21.7 21.4 20.3 18.9 20.3 19.7 19.6 19.0 20.1
10.4 9.5 9.9 8.9 10.5 10.1 8.8 7.9 8.0
67.7 72.1 78.9 72.2 78.2 78.8 75.6 72.1 73.8
43.2 47.1 47.3 44.5 44.7 44.8 44.1 43.2 45.9
39.3 39.6 42.7 36.8 41.9 38.9 43.3 42.3 44.2
19.0 20.5 21.4 19.0 20.5 18.3 20.2 19.6 21.0
2018 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
157.5 157.9 164.3 163.6 7
85.8 86.9 94.2 92.0 6
2.9 2.4 2.7 2.1 24
68.7 68.6 67.4 69.5 10
13.6 13.6 13.3 11.5 17
5.6 6.5 6.9 6.4 21
21.5 22.9 23.7 25.1 15
8.5 10.3 11.3 12.8 16
77.9 78.0 82.0 84.7 8
48.9 48.8 53.8 50.2 8
44.4 43.4 45.3 42.4 11
22.8 21.3 22.2 22.7 15
p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standards X Not applicable 1
Average relative standard error for the latest 6‐month period Computed using unrounded data 3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals Note: These data represent the number of housing units authorized in all months up to and including the last day of the reporting period and not started as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired, and revoked permits are excluded. 2
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, May 16, 2018. Additional information on the survey methodology may be found at .
New Privately‐Owned Housing Units Started (Thousands of Units. Detail may not add to total because of rounding.)
Table 3a ‐ Seasonally adjusted annual rate Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
Midwest
1 unit
Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 (r) April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
1,165 1,122 1,225 1,185 1,172 1,158 1,265 1,303 1,210
834 791 860 839 878 831 888 948 847
S S S S S S S S S
314 317 359 335 286 310 359 347 359
85 85 160 119 107 101 145 93 88
47 55 63 68 68 75 64 62 49
201 164 204 161 170 186 200 178 170
125 139 135 116 117 126 144 138 124
570 559 530 611 586 543 617 678 594
457 407 452 462 482 410 475 515 443
309 314 331 294 309 328 303 354 358
205 190 210 193 211 220 205 233 231
2018 January (r). . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . . .
1,334 1,290 1,336 1,287 5
886 900 893 894 4
S S S S X
435 372 428 374 14
116 132 124 114 18
62 65 62 56 15
145 154 196 164 13
122 109 151 106 10
684 615 623 663 7
474 476 442 518 6
389 389 393 346 9
228 250 238 214 8
‐3.7% ± 11.4 10.5% ± 9.7
0.1% ± 11.8 7.2% ± 9.1
S X S X
‐12.6% ± 24.0 19.1% ± 32.1
‐8.1% ± 38.7 34.1% ± 37.6
‐9.7% ± 45.2 19.1% ± 31.1
‐16.3% ± 49.4 ‐18.4% ± 27.2
‐29.8% ± 38.7 ‐15.2% ± 13.8
6.4% ± 18.4 16.3% ± 13.7
17.2% ± 19.5 13.3% ± 12.5
‐12.0% ± 18.6 12.0% ± 17.4
‐10.1% ± 15.4 4.4% ± 16.3
2
Percent Change Apr. 2018 from Mar. 2018 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . . Apr. 2018 from Apr. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
Table 3b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
Midwest
1 unit
Total
South 1 unit
Total
West 1 unit
Total
1 unit
2016 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,173.8 781.5 11.5 380.8 116.1 60.1 182.3 120.9 584.6 421.1 290.9 179.4 2017 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,203.0 848.9 11.4 342.7 111.4 62.0 179.6 130.2 598.7 453.0 313.2 203.8 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 19 6 4 3 3 2 2 2 3 2 2017 Year to date . . . . . . . . . . . . . . . . . . . 372.4 258.3 3.7 110.5 31.2 16.3 48.4 33.5 200.5 147.8 92.4 60.7 2018 Year to date . . . . . . . . . . . . . . . . . . . 406.4 279.6 4.9 121.9 35.1 16.9 44.5 31.3 208.9 157.9 117.9 73.6 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 29 7 7 8 5 6 3 2 4 3 Year to date percent change² . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
9.1% ± 4.9
8.3% ± 4.0
33.4% ± 71.8
10.4% ± 13.7
12.8% ± 19.9
3.7% ± 14.4
‐8.0% ± 12.4
‐6.6% ± 7.2
4.2% ± 6.2
6.8% ± 5.6
27.6% ± 9.3
21.2% ± 8.2
2017 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
105.2 106.0 116.3 112.3 102.6 104.4 109.6 97.9 81.4
76.9 76.9 83.8 79.4 78.1 72.5 75.7 69.1 55.1
1.4 1.2 0.5 1.1 0.7 1.6 1.6 0.7 0.3
26.8 28.0 31.9 31.9 23.8 30.2 32.3 28.1 26.1
7.7 7.9 14.8 11.5 9.6 9.3 13.5 7.5 6.2
4.4 5.2 6.1 6.7 6.3 6.8 6.2 5.0 3.4
18.8 16.8 20.6 16.1 15.4 18.2 19.4 14.6 10.1
12.3 14.6 14.5 11.8 11.0 12.4 14.4 11.3 6.8
50.3 52.5 49.5 56.3 50.6 47.9 51.7 49.3 40.4
40.7 39.1 42.6 42.1 41.9 35.0 39.0 36.1 29.4
28.4 28.9 31.4 28.4 27.0 28.8 25.0 26.5 24.7
19.5 18.0 20.6 18.8 18.9 18.3 16.2 16.7 15.5
2018 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
91.6 89.7 107.5 117.6 5
59.9 62.4 73.1 84.3 4
0.9 1.2 1.2 1.6 48
30.8 26.1 33.3 31.7 14
7.5 8.1 9.5 10.1 18
3.6 3.4 4.7 5.2 15
7.2 8.1 13.8 15.3 13
5.5 5.0 10.4 10.4 10
50.8 45.6 51.8 60.6 7
36.0 35.9 37.7 48.3 6
26.1 27.9 32.4 31.6 9
14.8 18.1 20.3 20.4 8
p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standards X Not applicable 1
Average relative standard error for the latest 6‐month period Computed using unrounded data 3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals 2
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, May 16, 2018. Additional information on the survey methodology may be found at .
New Privately‐Owned Housing Units Under Construction at End of Period (Thousands of Units. Detail may not add to total because of rounding.)
Table 4a ‐ Seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
Midwest
1 unit
Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 (r) April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
1,074 1,070 1,069 1,071 1,081 1,089 1,097 1,104 1,105
458 460 462 463 473 478 486 494 497
S S S S S S S S S
606 600 598 599 598 601 599 599 598
189 184 185 186 187 189 192 188 185
51 51 51 50 51 53 53 53 52
151 154 153 153 153 152 154 154 154
74 76 77 78 78 78 80 81 82
446 443 441 441 448 445 444 445 445
220 220 221 221 227 226 230 231 230
288 289 290 291 293 303 307 317 321
113 113 113 114 117 121 123 129 133
2018 January (r). . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . . .
1,117 1,119 1,124 1,124 3
502 503 505 510 3
S S S S X
604 605 608 602 5
189 189 186 186 7
53 52 52 53 4
152 152 155 150 5
82 80 83 81 6
452 451 450 452 3
233 234 231 238 4
324 327 333 336 5
134 137 139 138 5
0.0% ± 0.8 4.7% ± 3.0
1.0% ± 1.2 11.4% ± 3.8
S X S X
‐1.0% ± 1.1 ‐0.7% ± 5.0
0.0% ± 1.7 ‐1.6% ± 8.3
1.9% ± 2.2 3.9% ± 5.8
‐3.2% ± 2.4 ‐0.7% ± 7.5
‐2.4% ± 3.7 9.5% ± 8.2
0.4% ± 1.6 1.3% ± 4.2
3.0% ± 1.8 8.2% ± 6.1
0.9% ± 1.1 16.7% ± 5.3
‐0.7% ± 2.1 22.1% ± 6.1
2
Percent Change Apr. 2018 from Mar. 2018 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . . Apr. 2018 from Apr. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
Table 4b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
Midwest
1 unit
Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
1,071.4 1,077.5 1,083.4 1,092.6 1,095.9 1,106.4 1,110.3 1,113.2 1,080.5
450.9 461.4 473.5 482.8 493.8 498.1 500.0 500.6 476.5
9.9 10.0 8.9 9.1 9.5 10.3 11.5 11.3 10.4
610.6 606.1 601.0 600.7 592.6 598.0 598.8 601.2 593.7
189.9 185.4 185.8 187.5 186.7 189.2 193.5 190.1 184.6
50.4 50.7 51.0 51.4 52.3 54.0 54.5 54.6 52.1
147.8 153.9 155.6 156.3 155.5 156.8 158.4 158.3 151.8
70.1 75.2 79.0 81.4 81.2 82.6 84.3 85.4 80.6
445.1 447.2 448.0 451.7 456.2 453.4 449.1 447.3 431.0
217.8 221.7 227.1 230.3 237.3 235.5 235.6 232.2 217.5
288.7 291.1 294.0 297.1 297.6 306.9 309.3 317.6 313.1
112.5 113.8 116.5 119.7 122.9 125.9 125.6 128.5 126.3
2018 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
1,088.5 1,090.7 1,102.1 1,119.0 3
476.2 477.5 483.6 502.1 3
10.5 11.2 11.2 11.8 16
601.9 602.0 607.2 605.0 5
186.8 186.2 184.8 185.5 7
51.4 50.3 50.5 51.9 4
146.6 146.6 149.4 147.0 5
77.3 74.7 77.4 77.5 6
438.9 439.0 441.1 450.8 3
220.8 223.0 222.6 235.9 4
316.3 318.9 326.8 335.7 5
126.7 129.5 133.2 136.9 5
p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standards X Not applicable 1
Average relative standard error for the latest 6‐month period Computed using unrounded data 3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals 2
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, May 16, 2018. Additional information on the survey methodology may be found at .
New Privately‐Owned Housing Units Completed (Thousands of Units. Detail may not add to total because of rounding.)
Table 5a ‐ Seasonally adjusted annual rate Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
Midwest
1 unit
Total
South 1 unit
Total
West 1 unit
Total
1 unit
2017 (r) April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
1,095 1,169 1,234 1,197 1,091 1,086 1,188 1,144 1,197
777 798 819 847 751 777 798 781 837
S S S S S S S S S
296 360 404 343 337 302 383 348 347
87 135 134 106 133 80 139 142 115
60 54 61 75 56 54 61 58 65
181 145 219 171 177 179 148 178 175
126 120 127 106 125 112 129 111 120
593 595 547 640 530 595 628 596 614
425 425 425 474 398 431 427 458 461
234 294 334 280 251 232 273 228 293
166 199 206 192 172 180 181 154 191
2018 January (r). . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . Average RSE (%) 1 . . . . . . . . . . . . . . . . . .
1,218 1,289 1,223 1,257 6
859 882 854 820 5
S S S S X
348 400 358 425 15
114 138 153 122 24
60 69 64 51 15
169 160 156 194 13
132 129 111 130 12
596 655 591 641 8
445 462 464 425 8
339 336 323 300 10
222 222 215 214 9
2.8% ± 10.1 14.8% ± 10.5
‐4.0% ± 9.2 5.5% ± 10.2
S X S X
18.7% ± 27.1 43.6% ± 35.0
‐20.3% ± 27.2 40.2% ± 57.3
‐20.3% ± 26.6 ‐15.0% ± 24.1
24.4% ± 43.3 7.2% ± 20.7
17.1% ± 44.9 3.2% ± 26.6
8.5% ± 14.9 8.1% ± 14.7
‐8.4% ± 12.3 0.0% ± 14.1
‐7.1% ± 15.4 28.2% ± 18.8
‐0.5% ± 16.7 28.9% ± 18.4
2
Percent Change Apr. 2018 from Mar. 2018 . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . . Apr. 2018 from Apr. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
Table 5b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
Northeast Total
Midwest
1 unit
Total
South 1 unit
Total
West 1 unit
Total
1 unit
2016 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,059.7 738.4 10.4 311.0 99.5 55.2 164.0 116.8 551.3 402.9 245.0 163.5 2017 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,152.9 795.3 10.7 346.9 115.7 59.0 172.3 120.5 594.7 435.5 270.3 180.4 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 17 5 5 5 4 2 2 2 3 2 2017 Year to date . . . . . . . . . . . . . . . . . . . 328.9 230.1 4.2 94.6 27.4 15.1 46.1 34.2 179.4 131.2 75.9 49.7 2018 Year to date . . . . . . . . . . . . . . . . . . . 362.6 250.8 2.9 108.8 36.7 16.4 47.1 34.3 185.5 136.9 93.3 63.2 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 34 8 13 7 7 8 4 4 4 4 Year to date percent change² . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
10.2% ± 6.6
9.0% ± 4.0
‐30.7% ± 38.6
15.1% ± 20.5
33.9% ± 33.5
8.5% ± 23.4
2.0% ± 15.4
0.4% ± 13.2
3.4% ± 9.5
4.3% ± 6.6
22.8% ± 10.0
27.3% ± 8.7
2017 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November . . . . . . . . . . . . . . . . . . . . . . . . . December . . . . . . . . . . . . . . . . . . . . . . . . .
83.4 98.1 109.9 102.2 102.1 96.2 106.9 95.1 113.4
60.1 66.9 71.3 69.4 65.6 68.2 73.3 68.1 82.4
1.6 1.0 1.1 0.6 0.3 0.7 0.6 1.1 1.2
21.7 30.3 37.5 32.1 36.2 27.3 33.1 26.0 29.8
6.3 11.6 12.5 9.0 13.1 8.0 12.1 11.4 10.5
4.3 4.8 5.7 6.2 4.9 5.6 5.4 5.1 6.2
13.9 11.9 19.2 15.1 16.8 16.7 14.5 15.1 16.9
9.9 9.8 10.7 8.9 11.2 10.6 12.9 10.1 12.2
45.3 49.6 48.2 54.0 48.7 51.1 55.9 49.4 58.5
33.0 35.3 36.9 38.4 34.5 36.3 38.5 39.1 45.3
17.8 25.0 30.0 24.1 23.6 20.5 24.5 19.3 27.6
12.8 17.0 18.1 15.8 15.1 15.7 16.5 13.8 18.7
2018 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February (r) . . . . . . . . . . . . . . . . . . . . . . . . March (r) . . . . . . . . . . . . . . . . . . . . . . . . . . April (p) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
84.0 88.6 94.9 95.1 6
59.8 61.3 66.6 63.1 5
0.7 0.4 0.9 0.9 48
23.5 26.9 27.4 31.0 15
8.0 8.7 11.3 8.6 24
4.4 4.1 4.5 3.4 15
11.1 10.0 10.9 15.0 13
8.6 8.0 7.5 10.3 12
42.3 46.8 47.7 48.7 8
32.1 33.8 37.9 33.0 8
22.6 23.0 24.9 22.7 10
14.7 15.4 16.7 16.5 9
p Preliminary r Revised S Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standards X Not applicable 1
Average relative standard error for the latest 6‐month period Computed using unrounded data 3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals 2
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, May 16, 2018. Additional information on the survey methodology may be found at .