USCENSUSBUREAUONNEWRESIDENTIALCONSTRUCTION.pdf

Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch Public Information Office 301‐763‐5160 301‐763‐3030 [email protected] [email protected]

FOR RELEASE AT 8:30 AM EDT, WEDNESDAY, AUGUST 16, 2017

MONTHLY NEW RESIDENTIAL CONSTRUCTION, JULY 2017

Release Number: CB17-133

August 16, 2017 – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2017:

NEW RESIDENTIAL CONSTRUCTION

JULY 2017

Building Permits: 1,223,000

Housing Starts: 1,155,000

Housing Completions: 1,175,000

Next Release: September 19, 2017

Seasonally Adjusted Annual Rate Source: U.S. Census Bureau, HUD, August 16, 2017

Building Permits Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,223,000. This is 4.1 percent (±0.9 percent) below the revised June rate of 1,275,000, but is 4.1 percent (±1.8 percent) above the July 2016 rate of 1,175,000. Single-family authorizations in July were at a rate of 811,000; this is unchanged from the revised June figure of 811,000. Authorizations of units in buildings with five units or more were at a rate of 377,000 in July.

Housing Starts Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,155,000. This is 4.8 percent (±10.2 percent)* below the revised June estimate of 1,213,000 and is 5.6 percent (±8.5 percent)* below the July 2016 rate of 1,223,000. Single-family housing starts in July were at a rate of 856,000; this is 0.5 percent (±8.5 percent)* below the revised June figure of 860,000. The July rate for units in buildings with five units or more was 287,000.

Housing Completions Privately-owned housing completions in July were at a seasonally adjusted annual rate of 1,175,000. This is 6.2 percent (±14.3 percent)* below the revised June estimate of 1,252,000, but is 8.2 percent (±12.6 percent)* above the July 2016 rate of 1,086,000. Single-family housing completions in July were at a rate of 814,000; this is 1.6 percent (±11.9 percent)* below the revised June rate of 827,000. The July rate for units in buildings with five units or more was 354,000.

300

600

900

1,200

1,500

Jul-12 Jul-13 Jul-14 Jul-15 Jul-16 Jul-17T

hous

ands

of U

nits

New Residential Construction(Seasonally Adjusted Annual Rate)

PermitsStartsCompletions

Source: U.S. Census Bureau, HUD, August 16, 2017

Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch Public Information Office 301‐763‐5160 301‐763‐3030 [email protected]

[email protected]

The August report is scheduled for release on September 19, 2017. View the full schedule in the Economic Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables for this release can be found at <www.census.gov/construction/nrc/>.

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 five 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 percent or less. Explanations of confidence intervals and sampling variability can be found on our website. <www.census.gov/construction/nrc/how_the_data_are_collected/ >

America’s Economy Mobile App The America’s Economy app provides real-time updates for 19 key economic indicators released from the Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis. <www.census.gov/mobile/economy/>

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* 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.

NewPrivately‐OwnedHousingUnitsAuthorizedinPermit‐IssuingPlaces(Thousands of Units. Detail may not add to total because of rounding.)

Table1a‐Seasonallyadjustedannualrate

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,175 718 30 427 106 51 188 106 605 395 276 166 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 743 36 421 117 53 192 112 606 407 285 171 September . . . . . . . . . . . . . . . . . . . . . . . . . 1,270 749 39 482 142 53 181 113 618 408 329 175 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,285 779 32 474 116 59 202 113 616 420 351 187 November . . . . . . . . . . . . . . . . . . . . . . . . . 1,255 786 41 428 119 55 187 120 608 419 341 192 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,266 830 39 397 131 54 187 119 604 452 344 205

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300 806 29 465 153 59 198 124 653 451 296 172 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,219 834 45 340 117 54 247 136 585 448 270 196 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,260 826 37 397 136 53 192 128 623 456 309 189 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,228 794 36 398 120 53 192 124 579 424 337 193 May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,168 779 32 357 122 52 173 108 579 436 294 183 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,275 811 35 429 104 57 207 120 622 445 342 189 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,223 811 35 377 124 56 171 116 613 452 315 187

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 2 2 6 2 3 5 3 4 2 2 2 3

Percent Change2

Jul. 2017 from Jun. 2017 . . . . . . . . . . . . . ‐4.1% 0.0% 0.0% ‐12.1% 19.2% ‐1.8% ‐17.4% ‐3.3% ‐1.4% 1.6% ‐7.9% ‐1.1%

. 90 percent confidence interval3 . . . . . . ± 0.9 ± 1.1 ± 7.3 ± 2.3 ± 6.9 ± 11.0 ± 2.5 ± 2.2 ± 1.3 ± 1.5 ± 2.1 ± 2.0

Jul. 2017 from Jul. 2016 . . . . . . . . . . . . . 4.1% 13.0% 16.7% ‐11.7% 17.0% 9.8% ‐9.0% 9.4% 1.3% 14.4% 14.1% 12.7%

. 90 percent confidence interval 3 . . . . . . ± 1.8 ± 2.1 ± 10.9 ± 3.8 ± 5.0 ± 7.4 ± 4.0 ± 2.9 ± 3.2 ± 3.2 ± 2.1 ± 3.2

Table1b‐Notseasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2015 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,182.6 696.0 32.1 454.5 162.0 52.4 170.6 104.7 572.8 378.2 277.2 160.7 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

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . X X X X X X X X X X X X

2016 Year to date . . . . . . . . . . . . . . . . . . . 688.1 439.1 19.0 230.0 63.4 30.7 104.0 65.8 347.5 238.9 173.2 103.7 2017 Year to date . . . . . . . . . . . . . . . . . . . 732.5 487.2 20.2 225.0 70.1 32.0 108.9 70.7 366.4 270.0 187.1 114.5

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 4 1 2 4 3 3 1 2 1 2

Year to date percent change² . . . . . . . . . 6.5% 11.0% 6.3% ‐2.2% 10.6% 4.2% 4.7% 7.5% 5.4% 13.0% 8.0% 10.4%

. 90 percent confidence interval3 . . . . . . ± 0.6 ± 0.8 ± 6.5 ± 1.0 ± 2.7 ± 3.8 ± 2.5 ± 2.3 ± 1.1 ± 0.7 ± 0.8 ± 1.8

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97.9 61.2 2.6 34.1 9.1 4.5 16.6 9.4 49.6 32.8 22.7 14.5 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111.6 71.3 3.6 36.8 11.0 5.0 19.4 11.9 55.1 38.3 26.2 16.2 September . . . . . . . . . . . . . . . . . . . . . . . . . 111.7 63.4 3.6 44.6 13.4 5.0 18.4 10.7 51.9 33.6 28.0 14.2 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 104.0 61.6 2.7 39.7 9.5 5.1 18.9 10.1 48.7 32.3 26.9 14.2 November . . . . . . . . . . . . . . . . . . . . . . . . . 94.5 55.9 3.2 35.3 9.6 4.4 14.6 8.8 44.2 29.3 26.1 13.5 December . . . . . . . . . . . . . . . . . . . . . . . . . 94.8 55.5 3.0 36.4 10.5 3.7 11.3 6.5 45.8 31.2 27.2 14.1

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87.3 53.6 1.9 31.8 9.6 3.5 10.0 5.7 48.6 33.3 19.2 11.2 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 84.8 57.8 3.0 24.0 6.4 3.0 12.7 7.1 45.8 34.0 19.9 13.6 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112.5 77.1 3.1 32.3 10.8 4.6 15.9 11.2 57.2 43.9 28.7 17.5 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102.6 69.2 2.6 30.8 9.7 4.6 16.8 11.2 48.2 36.8 28.0 16.7 May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113.0 78.3 3.0 31.6 11.7 5.2 18.0 12.0 54.7 42.2 28.6 18.9 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127.9 81.8 3.6 42.5 11.0 5.9 21.3 12.8 59.9 42.9 35.6 20.2 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.4 69.1 2.8 28.5 10.8 5.0 14.8 10.5 49.5 37.5 25.3 16.2

. Average RSE (%) 1 . . . . . . . . . . . . . . . . . . 2 2 6 2 3 5 3 4 2 2 2 3

p Preliminaryr RevisedS Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standardsX Not applicable

1 Average relative standard error for the latest 6‐month period2 Computed using unrounded data3 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.

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, August 16, 2017.

Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/how_the_data_are_collected/>.

Period

West

United States Northeast Midwest South West

Period

United States Northeast Midwest South

NewPrivately‐OwnedHousingUnitsAuthorized,butNotStarted,atEndofPeriod(Thousands of Units. Detail may not add to total because of rounding.)

Table2a‐Seasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131 65 S 64 18 5 16 8 62 35 35 17 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131 71 S 59 16 6 17 9 63 39 35 17 September . . . . . . . . . . . . . . . . . . . . . . . . . 139 70 S 68 17 6 18 10 68 38 36 16 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 133 67 S 65 14 6 18 9 66 37 35 15 November . . . . . . . . . . . . . . . . . . . . . . . . . 139 66 S 71 14 6 20 8 65 35 40 17 December . . . . . . . . . . . . . . . . . . . . . . . . . 139 70 S 66 14 5 20 8 68 39 37 18

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143 72 S 68 15 6 19 8 69 40 40 18 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 135 74 S 60 12 5 21 9 66 41 36 19 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138 77 S 59 13 5 19 9 69 44 37 19 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 77 S 64 15 6 22 10 67 42 38 19 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 80 S 65 18 6 21 9 71 46 36 19 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144 77 S 65 13 6 21 9 73 43 37 19 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 144 77 S 65 12 6 19 8 76 44 37 19

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 6 5 X 10 20 15 16 16 7 7 11 14

Percent Change2

Jul. 2017 from Jun. 2017 . . . . . . . . . . . . . 0.0% 0.0% S 0.0% ‐7.7% 0.0% ‐9.5% ‐11.1% 4.1% 2.3% 0.0% 0.0%

. 90 percent confidence interval3 . . . . . . ± 3.6 ± 4.5 X ± 6.1 ± 14.9 ± 13.8 ± 10.0 ± 16.6 ± 5.7 ± 6.1 ± 5.7 ± 5.9

Jul. 2017 from Jul. 2016 . . . . . . . . . . . . . 9.9% 18.5% S 1.6% ‐33.3% 20.0% 18.8% 0.0% 22.6% 25.7% 5.7% 11.8%

. 90 percent confidence interval 3 . . . . . . ± 11.8 ± 9.7 X ± 22.7 ± 30.0 ± 24.3 ± 31.1 ± 24.9 ± 17.7 ± 13.6 ± 15.0 ± 15.6

Table2b‐Notseasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130.9 64.9 1.7 64.3 18.4 5.2 15.2 7.7 63.2 35.1 34.1 16.8 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132.9 71.6 1.5 59.8 16.7 5.4 17.5 9.3 64.5 39.8 34.3 17.0 September . . . . . . . . . . . . . . . . . . . . . . . . . 140.2 71.4 1.4 67.3 16.3 5.9 20.2 10.3 68.6 38.8 35.0 16.3 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 129.6 64.6 1.4 63.7 13.0 5.4 19.8 8.9 64.5 35.6 32.3 14.6 November . . . . . . . . . . . . . . . . . . . . . . . . . 130.9 61.3 2.2 67.4 12.9 5.4 19.5 6.8 62.2 33.3 36.3 15.8 December . . . . . . . . . . . . . . . . . . . . . . . . . 135.9 66.6 2.7 66.6 13.9 5.3 17.7 7.0 67.3 37.0 37.1 17.4

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137.3 67.9 2.6 66.8 14.4 5.6 17.0 6.7 67.6 38.1 38.3 17.5 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 131.5 69.9 1.4 60.1 12.3 5.2 19.4 7.6 64.7 39.3 35.1 17.8 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144.6 82.8 1.9 59.9 13.3 5.2 21.6 10.8 70.7 46.5 39.0 20.3 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143.7 78.3 1.5 64.0 15.1 5.6 21.7 10.4 67.7 43.2 39.3 19.0 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151.3 83.6 1.2 66.4 18.1 6.6 21.4 9.5 72.1 47.1 39.6 20.5 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154.9 83.9 2.0 69.0 14.9 6.8 21.4 10.1 76.7 45.5 42.0 21.4 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 143.7 75.7 2.3 65.8 12.7 5.5 18.3 7.9 76.8 43.4 35.8 18.9

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 6 5 34 10 20 15 16 16 7 7 11 14

p Preliminaryr RevisedS Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standardsX Not applicable

1 Average relative standard error for the latest 6‐month period2 Computed using unrounded data

3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired, and revoked permits are excluded.

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, August 16, 2017.

Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/how_the_data_are_collected/>.

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

West

Period

United States Northeast Midwest South West

Period

United States Northeast Midwest South

NewPrivately‐OwnedHousingUnitsStarted(Thousands of Units. Detail may not add to total because of rounding.)

Table3a‐Seasonallyadjustedannualrate

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,223 772 S 443 134 59 157 108 637 427 295 178 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,164 727 S 420 133 52 170 113 562 377 299 185 September . . . . . . . . . . . . . . . . . . . . . . . . . 1,062 783 S 265 95 62 150 114 539 427 278 180 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,328 871 S 447 162 68 198 125 624 463 344 215 November . . . . . . . . . . . . . . . . . . . . . . . . . 1,149 823 S 323 83 59 216 142 581 442 269 180 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,268 808 S 449 89 58 222 128 566 418 391 204

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,236 815 S 418 125 59 202 137 678 453 231 166 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,288 877 S 392 111 67 182 163 658 448 337 199 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,189 824 S 355 116 65 139 105 633 466 301 188 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,154 823 S 314 85 47 200 124 562 449 307 203 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,129 795 S 320 85 55 165 140 564 410 315 190 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,213 860 S 346 153 61 211 136 529 453 320 210 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,155 856 S 287 129 67 179 126 532 462 315 201

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 5 4 X 14 16 12 13 10 6 6 8 7

Percent Change2

Jul. 2017 from Jun. 2017 . . . . . . . . . . . . . ‐4.8% ‐0.5% S ‐17.1% ‐15.7% 9.8% ‐15.2% ‐7.4% 0.6% 2.0% ‐1.6% ‐4.3%

. 90 percent confidence interval3 . . . . . . ± 10.2 ± 8.5 X ± 29.8 ± 36.8 ± 32.8 ± 24.3 ± 24.7 ± 12.4 ± 12.5 ± 22.3 ± 11.8

Jul. 2017 from Jul. 2016 . . . . . . . . . . . . . ‐5.6% 10.9% S ‐35.2% ‐3.7% 13.6% 14.0% 16.7% ‐16.5% 8.2% 6.8% 12.9%

. 90 percent confidence interval 3 . . . . . . ± 8.5 ± 9.0 X ± 18.0 ± 29.8 ± 30.4 ± 25.4 ± 26.5 ± 10.8 ± 12.6 ± 21.4 ± 22.7

Table3b‐Notseasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2015 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,111.8 714.5 11.5 385.8 138.1 54.8 152.6 107.3 555.5 387.1 265.6 165.2 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

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 16 5 4 3 3 3 2 2 3 2

2016 Year to date . . . . . . . . . . . . . . . . . . . 687.2 460.8 6.7 219.7 67.7 34.4 101.9 68.5 353.5 253.5 164.0 104.4 2017 Year to date . . . . . . . . . . . . . . . . . . . 703.8 500.4 6.7 196.8 65.8 34.1 104.4 75.5 351.1 271.6 182.5 119.2

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 17 7 7 4 4 2 3 2 4 2

Year to date percent change² . . . . . . . . . 2.4% 8.6% ‐1.2% ‐10.4% ‐2.8% ‐0.9% 2.4% 10.2% ‐0.7% 7.1% 11.3% 14.2%

. 90 percent confidence interval3 . . . . . . ± 3.6 ± 2.8 ± 36.1 ± 10.1 ± 13.6 ± 9.3 ± 8.7 ± 7.1 ± 5.8 ± 3.9 ± 6.7 ± 6.0

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115.2 72.6 0.7 41.8 12.7 5.6 15.7 11.1 58.3 38.5 28.4 17.4 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102.8 66.5 1.5 34.8 11.6 4.9 15.5 10.8 49.6 34.3 26.1 16.6 September . . . . . . . . . . . . . . . . . . . . . . . . . 95.0 67.4 1.4 26.2 8.7 5.5 14.8 11.2 46.9 35.8 24.5 14.9 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 114.5 73.4 0.9 40.2 14.9 6.4 18.7 12.2 52.1 37.7 28.8 17.2 November . . . . . . . . . . . . . . . . . . . . . . . . . 87.8 60.6 0.2 27.0 6.8 4.8 17.4 11.3 43.4 31.7 20.3 12.8 December . . . . . . . . . . . . . . . . . . . . . . . . . 86.5 52.9 0.8 32.8 6.4 4.1 13.9 7.0 39.0 28.2 27.2 13.5

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82.3 53.1 0.2 29.0 8.0 3.4 10.7 6.2 48.0 32.4 15.6 11.1 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 87.8 58.8 1.3 27.7 6.6 3.5 8.9 7.6 48.4 33.6 23.8 14.1 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97.1 69.5 0.7 27.0 8.8 4.9 9.9 7.3 53.8 41.1 24.7 16.1 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105.2 76.9 1.4 26.8 7.7 4.4 18.8 12.3 50.3 40.7 28.4 19.5 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106.0 76.9 1.2 28.0 7.9 5.2 16.8 14.6 52.5 39.1 28.9 18.0 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116.3 84.1 0.6 31.6 14.5 6.1 21.3 14.5 49.7 42.8 30.8 20.7 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 109.0 81.1 1.2 26.7 12.3 6.5 17.9 12.9 48.4 41.9 30.4 19.7

. Average RSE (%) 1 . . . . . . . . . . . . . . . . . . 5 4 36 14 16 12 13 10 6 6 8 7

p Preliminaryr RevisedS Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standardsX Not applicable

1 Average relative standard error for the latest 6‐month period2 Computed using unrounded data3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, August 16, 2017.

Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/how_the_data_are_collected/>.

West

Period

United States Northeast Midwest South West

Period

United States Northeast Midwest South

NewPrivately‐OwnedHousingUnitsUnderConstructionatEndofPeriod(Thousands of Units. Detail may not add to total because of rounding.)

Table4a‐Seasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,028 431 S 586 192 51 135 70 446 212 255 98 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,034 427 S 596 192 49 136 70 446 208 260 100 September . . . . . . . . . . . . . . . . . . . . . . . . . 1,033 432 S 590 190 49 139 72 442 210 262 101 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,053 442 S 599 196 51 142 73 447 213 268 105 November . . . . . . . . . . . . . . . . . . . . . . . . . 1,046 447 S 588 192 52 144 74 442 214 268 107 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,062 449 S 602 191 53 144 73 448 214 279 109

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,071 447 S 613 193 52 147 73 449 212 282 110 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,080 455 S 614 194 54 151 76 452 215 283 110 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,074 454 S 610 189 52 149 73 452 218 284 111 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,074 457 S 607 190 51 151 74 445 219 288 113 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,068 459 S 599 184 51 154 76 442 219 288 113 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,065 460 S 596 184 50 152 76 442 221 287 113 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,063 462 S 592 186 49 152 77 435 221 290 115

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 3 2 X 6 8 5 4 5 3 4 5 4

Percent Change2

Jul. 2017 from Jun. 2017 . . . . . . . . . . . . . ‐0.2% 0.4% S ‐0.7% 1.1% ‐2.0% 0.0% 1.3% ‐1.6% 0.0% 1.0% 1.8%

. 90 percent confidence interval3 . . . . . . ± 1.0 ± 1.6 X ± 1.3 ± 1.9 ± 4.9 ± 2.8 ± 3.3 ± 1.6 ± 2.7 ± 1.5 ± 1.8

Jul. 2017 from Jul. 2016 . . . . . . . . . . . . . 3.4% 7.2% S 1.0% ‐3.1% ‐3.9% 12.6% 10.0% ‐2.5% 4.2% 13.7% 17.3%

. 90 percent confidence interval 3 . . . . . . ± 3.4 ± 3.1 X ± 5.8 ± 10.8 ± 7.5 ± 6.1 ± 5.7 ± 5.3 ± 4.4 ± 5.6 ± 6.9

Table4b‐Notseasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,050.8 449.7 10.8 590.3 193.8 52.0 139.0 73.2 456.2 220.7 261.8 103.8 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,049.4 447.6 11.3 590.5 192.1 50.5 140.3 74.6 452.6 216.7 264.4 105.9 September . . . . . . . . . . . . . . . . . . . . . . . . . 1,051.6 450.7 11.4 589.5 191.2 50.3 143.5 76.2 450.9 218.9 266.0 105.3 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,061.4 453.3 11.6 596.5 196.2 52.0 145.1 76.5 450.2 217.4 269.9 107.3 November . . . . . . . . . . . . . . . . . . . . . . . . . 1,049.9 448.5 10.6 590.8 192.6 52.3 146.3 76.1 443.1 214.2 267.9 105.9 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,039.0 427.7 10.6 600.7 189.5 51.9 142.1 71.2 435.5 202.3 271.9 102.3

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,045.8 424.4 10.5 610.9 191.0 50.7 142.5 68.6 437.4 201.1 275.0 104.0 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,051.1 430.4 11.2 609.5 190.9 51.6 143.7 69.5 441.0 205.9 275.6 103.5 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,052.6 435.0 10.4 607.2 187.4 50.7 143.2 67.8 443.1 210.3 278.9 106.1 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,071.4 450.9 9.9 610.6 189.9 50.4 147.8 70.1 445.1 217.8 288.7 112.5 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,077.5 461.4 10.0 606.1 185.4 50.7 153.9 75.2 447.2 221.7 291.1 113.8 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,083.3 473.1 9.3 601.0 186.3 51.0 155.4 78.8 449.5 226.8 292.2 116.4 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,089.2 485.0 9.4 594.8 188.4 50.9 156.9 81.6 446.1 230.5 297.9 122.0

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 3 2 14 6 8 5 4 5 3 4 5 4

p Preliminaryr RevisedS Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standardsX Not applicable

1 Average relative standard error for the latest 6‐month period2 Computed using unrounded data

3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, August 16, 2017.

Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/how_the_data_are_collected/>.

West

Period

United States Northeast Midwest South West

Period

United States Northeast Midwest South

NewPrivately‐OwnedHousingUnitsCompleted(Thousands of Units. Detail may not add to total because of rounding.)

Table5a‐Seasonallyadjustedannualrate

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,086 748 S 331 96 49 174 123 535 414 281 162 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,040 744 S 288 130 63 150 100 541 420 219 161 September . . . . . . . . . . . . . . . . . . . . . . . . . 1,005 718 S 273 97 56 118 103 537 384 253 175 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,067 755 S 305 82 49 189 120 538 424 258 162 November . . . . . . . . . . . . . . . . . . . . . . . . . 1,203 766 S 426 110 48 180 126 693 432 220 160 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,096 765 S 323 102 50 184 120 574 414 236 181

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,083 802 S 277 84 67 174 134 611 459 214 142 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,161 763 S 382 119 40 123 108 575 402 344 213 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,194 810 S 368 111 60 188 134 629 449 266 167 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,098 774 S 301 88 60 183 127 591 420 236 167 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,180 799 S 369 138 54 146 120 600 426 296 199 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,252 827 S 416 144 63 215 129 550 424 343 211 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,175 814 S 354 109 78 176 112 634 461 256 163

. Average RSE (%)1 . . . . . . . . . . . . . . . . . . 5 5 X 14 20 21 15 10 7 8 10 7

Percent Change2

Jul. 2017 from Jun. 2017 . . . . . . . . . . . . . ‐6.2% ‐1.6% S ‐14.9% ‐24.3% 23.8% ‐18.1% ‐13.2% 15.3% 8.7% ‐25.4% ‐22.7%

. 90 percent confidence interval3 . . . . . . ± 14.3 ± 11.9 X ± 28.2 ± 42.1 ± 61.3 ± 30.1 ± 14.3 ± 20.2 ± 18.7 ± 19.2 ± 11.0

Jul. 2017 from Jul. 2016 . . . . . . . . . . . . . 8.2% 8.8% S 6.9% 13.5% 59.2% 1.1% ‐8.9% 18.5% 11.4% ‐8.9% 0.6%

. 90 percent confidence interval 3 . . . . . . ± 12.6 ± 11.3 X ± 25.8 ± 55.5 ± 82.0 ± 23.8 ± 18.5 ± 18.8 ± 17.8 ± 22.4 ± 18.7

Table5b‐Notseasonallyadjusted

Total 1 unit

2 to 4

units

5 units

or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit

2015 Annual . . . . . . . . . . . . . . . . . . . . . . . 968.2 647.9 10.0 310.3 92.6 46.6 154.4 102.7 489.8 351.9 231.5 146.7 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

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 18 5 6 6 3 2 2 2 3 3

2016 Year to date . . . . . . . . . . . . . . . . . . . 571.2 396.4 6.1 168.6 51.1 29.8 87.0 62.0 296.0 218.1 137.1 86.5 2017 Year to date . . . . . . . . . . . . . . . . . . . 638.7 435.5 6.7 196.5 61.7 32.1 92.2 64.2 331.4 241.0 153.4 98.2

. RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 16 6 6 7 4 2 3 3 3 2

Year to date percent change² . . . . . . . . . 11.8% 9.9% 9.8% 16.5% 20.8% 7.7% 5.9% 3.5% 12.0% 10.5% 11.9% 13.5%

. 90 percent confidence interval3 . . . . . . ± 4.9 ± 4.5 ± 33.1 ± 13.6 ± 14.6 ± 11.8 ± 9.3 ± 4.9 ± 7.4 ± 6.3 ± 8.4 ± 9.2

2016July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93.4 61.2 0.7 31.5 8.6 4.1 15.5 10.6 44.8 33.2 24.5 13.2 August . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98.0 66.0 0.9 31.1 12.9 5.7 14.3 8.9 50.3 37.2 20.5 14.3 September . . . . . . . . . . . . . . . . . . . . . . . . . 90.2 63.7 1.3 25.3 9.3 5.5 11.3 9.9 46.9 32.7 22.8 15.5 October . . . . . . . . . . . . . . . . . . . . . . . . . . . 96.7 70.0 0.6 26.1 7.2 4.4 17.8 11.9 48.5 38.7 23.2 15.0 November . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 67.3 0.8 31.9 9.4 4.7 16.0 11.9 55.6 36.1 19.0 14.6 December . . . . . . . . . . . . . . . . . . . . . . . . . 103.6 75.0 0.6 28.0 9.5 5.0 17.7 12.2 54.0 40.1 22.4 17.7

2017January . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74.6 55.0 0.3 19.4 5.6 4.4 11.3 8.5 43.5 32.9 14.3 9.2 February . . . . . . . . . . . . . . . . . . . . . . . . . . . 78.9 52.7 1.1 25.1 7.5 2.3 7.6 6.6 40.6 29.2 23.1 14.5 March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.0 62.4 1.3 28.3 8.0 4.0 13.3 9.2 50.0 36.1 20.7 13.0 April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83.4 60.1 1.6 21.7 6.3 4.3 13.9 9.9 45.3 33.0 17.8 12.8 May (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98.1 66.9 1.0 30.3 11.6 4.8 11.9 9.8 49.6 35.3 25.0 17.0 June (r) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111.2 71.7 0.9 38.6 13.4 5.9 18.7 10.7 48.5 36.7 30.6 18.3 July (p) . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.5 66.8 0.7 33.0 9.2 6.4 15.5 9.5 53.9 37.7 21.9 13.2

. Average RSE (%) 1 . . . . . . . . . . . . . . . . . . 5 5 40 14 20 21 15 10 7 8 10 7

p Preliminaryr RevisedS Does not meet publication standards because tests for identifiable and stable seasonalilty do not meet reliability standardsX Not applicable

Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, August 16, 2017.

Additional information on the survey methodology may be found at <www.census.gov/construction/nrc/how_the_data_are_collected/>.

West

Period

United States Northeast Midwest South West

Period

United States Northeast Midwest South

newresconst_auto_text
newresconst_auto_tables

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