FOR RELEASE AT 8:30 AM EST, THURSDAY, JANUARY 18, 2018
MONTHLY NEW RESIDENTIAL CONSTRUCTION, DECEMBER 2017 Release Number: CB18-10 January 18, 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 December 2017:
Building Permits:
1,302,000
Housing Starts:
1,192,000
Housing Completions:
1,177,000
Next Release: February 16, 2018 Seasonally Adjusted Annual Rate Source: U.S. Census Bureau, HUD, January 18, 2018
New Residential Construction (Seasonally Adjusted Annual Rate) 1,500 Thousands of Units
NEW RESIDENTIAL CONSTRUCTION DECEMBER 2017
1,200 900 600 Permits Starts Completions
300 0 Dec-12
Dec-13
Dec-14
Dec-15
Dec-16
Dec-17
Source: U.S. Census Bureau, HUD, January 18, 2018
Building Permits Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,302,000. This is 0.1 percent (±1.4 percent)* below the revised November rate of 1,303,000, but is 2.8 percent (±1.9 percent) above the December 2016 rate of 1,266,000. Single-family authorizations in December were at a rate of 881,000; this is 1.8 percent (±1.2 percent) above the revised November figure of 865,000. Authorizations of units in buildings with five units or more were at a rate of 382,000 in December. An estimated 1,263,400 housing units were authorized by building permits in 2017. This is 4.7 percent (±0.6%) above the 2016 figure of 1,206,600. Housing Starts Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,192,000. This is 8.2 percent (±7.7 percent) below the revised November estimate of 1,299,000 and is 6.0 percent (±11.7 percent)* below the December 2016 rate of 1,268,000. Single-family housing starts in December were at a rate of 836,000; this is 11.8 percent (±6.5 percent) below the revised November figure of 948,000. The December rate for units in buildings with five units or more was 352,000. An estimated 1,202,100 housing units were started in 2017. This is 2.4 percent (±2.3%) above the 2016 figure of 1,173,800.
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 December were at a seasonally adjusted annual rate of 1,177,000. This is 2.2 percent (±17.8 percent)* above the revised November estimate of 1,152,000 and is 7.4 percent (±13.0 percent)* above the December 2016 rate of 1,096,000. Single-family housing completions in December were at a rate of 818,000; this is 4.3 percent (±20.5 percent)* above the revised November rate of 784,000. The December rate for units in buildings with five units or more was 346,000. An estimated 1,152,300 housing units were completed in 2017. This is 8.7 percent (±3.1%) above the 2016 figure of 1,059,700.
The January report is scheduled for release on February 16, 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 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.
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. ### * 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
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,266 830 39
397
131
54
187
119 604 452
344
205
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
1,300 1,219 1,260 1,228 1,168 1,275 1,230 1,272 1,225 1,316 1,303 1,302 2
806 834 826 794 779 811 812 800 823 850 865 881 2
29 45 37 36 32 35 40 36 35 33 39 39 5
465 340 397 398 357 429 378 436 367 433 399 382 2
153 117 136 120 122 104 123 109 121 122 114 163 3
59 54 53 53 52 57 57 58 71 53 55 56 5
198 247 192 192 173 207 170 184 185 193 183 199 4
124 136 128 124 108 120 117 114 122 127 130 133 4
653 585 623 579 579 622 623 620 595 633 651 579 2
451 448 456 424 436 445 452 429 428 456 469 462 2
296 270 309 337 294 342 314 359 324 368 355 361 2
172 196 189 193 183 189 186 199 202 214 211 230 3
‐0.1% ± 1.4 2.8% ± 1.9
1.8% ± 1.2 6.1% ± 2.1
0.0% ± 4.8 0.0% ± 6.1
‐4.3% ± 3.8 ‐3.8% ± 3.5
43.0% ± 3.6 24.4% ± 3.6
1.8% ± 4.6 3.7% ± 5.5
8.7% ± 6.0 6.4% ± 4.1
2.3% ± 6.7 11.8% ± 4.6
‐11.1% ± 2.8 ‐4.1% ± 3.2
‐1.5% ± 0.8 2.2% ± 3.3
1.7% ± 1.0 4.9% ± 1.6
9.0% ± 1.1 12.2% ± 3.0
2
Percent Change Dec. 2017 from Nov. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . . Dec. 2017 from Dec. 2016 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .
Table 1b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
2016 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,206.6 750.8 34.8 2017 Annual (p) . . . . . . . . . . . . . . . . . . . . . 1,263.4 817.7 35.4 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 4
Northeast Total
1 unit
Midwest Total
421.1 410.3 1
116.4 126.5 2
54.3 56.8 4
186.1 191.4 3
1.8% ± 6.4
‐2.6% ± 1.0
8.7% ± 2.3
4.7% ± 3.4
2.8% ± 2.1
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 94.8 55.5 3.0
36.4
10.5
3.7
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
31.8 24.0 32.3 30.8 31.6 42.5 28.7 39.6 31.7 40.1 31.9 33.9 2
9.6 6.4 10.8 9.7 11.7 11.0 10.7 10.1 11.0 10.5 9.3 13.0 3
3.5 3.0 4.6 4.6 5.2 5.9 5.0 5.6 6.4 4.8 4.4 3.6 5
Year to year percent change² . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
4.7% ± 0.6
87.3 84.8 112.5 102.6 113.0 127.9 101.0 119.6 101.4 114.0 97.0 93.2 2
8.9% ± 0.7
53.6 57.8 77.1 69.2 78.3 81.8 69.1 76.6 66.6 70.9 62.0 56.5 2
1.9 3.0 3.1 2.6 3.0 3.6 3.2 3.4 3.1 3.0 3.0 2.8 5
West
South 1 unit
Total
1 unit
112.4 594.5 406.0 122.8 613.0 441.8 4 1 2
Total
1 unit
309.6 332.5 1
178.1 196.4 2
8.8% ± 0.4
7.4% ± 1.1
10.3% ± 2.0
11.3
6.5 45.8 31.2
27.2
14.1
10.0 12.7 15.9 16.8 18.0 21.3 14.7 18.8 17.6 19.3 14.3 11.7 4
5.7 7.1 11.2 11.2 12.0 12.8 10.5 11.9 11.0 12.1 9.6 6.9 4
19.2 19.9 28.7 28.0 28.6 35.6 25.2 33.2 26.2 30.3 26.8 26.8 2
11.2 13.6 17.5 16.7 18.9 20.2 16.1 18.9 15.6 17.2 15.0 15.3 3
9.2% ± 2.4
3.1% ± 0.4
48.6 45.8 57.2 48.2 54.7 59.9 50.4 57.4 46.6 53.9 46.6 41.7 2
33.3 34.0 43.9 36.8 42.2 42.9 37.5 40.3 33.5 36.8 33.0 30.7 2
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, January 18, 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
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 139 70
S
66
14
5
20
8 68 39
37
18
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
143 135 138 142 146 145 141 148 151 154 152 154 6
72 74 77 77 80 78 78 77 78 81 79 83 6
S S S S S S S S S S S S X
68 60 59 64 65 65 61 69 71 71 71 69 9
15 12 13 15 18 12 12 13 14 12 13 15 15
6 5 5 6 6 6 5 5 5 5 5 6 16
19 21 19 22 21 20 20 20 19 19 20 22 16
8 9 9 10 9 9 9 9 10 9 9 9 17
69 66 69 67 71 75 71 74 77 77 74 72 8
40 41 44 42 46 44 45 43 44 46 44 47 8
40 36 37 38 36 38 38 41 41 46 45 45 11
18 19 19 19 19 19 19 20 19 21 21 21 13
1.3% ± 3.7 10.8% ± 9.8
5.1% ± 4.6 18.6% ± 9.6
S X S X
‐2.8% ± 6.5 4.5% ± 16.4
15.4% ± 27.6 7.1% ± 52.2
20.0% ± 18.9 20.0% ± 30.7
10.0% ± 8.6 10.0% ± 25.0
0.0% ± 14.7 12.5% ± 25.9
‐2.7% ± 5.1 5.9% ± 14.1
6.8% ± 6.5 20.5% ± 14.0
0.0% ± 7.1 21.6% ± 16.0
0.0% ± 8.9 16.7% ± 18.7
2
Percent Change Dec. 2017 from Nov. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . . Dec. 2017 from Dec. 2016 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .
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
West
South 1 unit
Total
1 unit
Total
1 unit
2016 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
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
66.8 60.1 59.9 64.0 66.4 68.4 60.4 69.6 71.0 69.5 68.1 70.0 9
14.4 12.3 13.3 15.1 18.1 13.9 12.7 12.7 14.0 11.0 11.4 14.9 15
5.6 5.2 5.2 5.6 6.6 6.7 5.4 5.3 5.2 4.8 5.1 5.5 16
17.0 19.4 21.6 21.7 21.4 20.3 18.9 20.3 19.7 19.6 19.6 19.1 16
6.7 7.6 10.8 10.4 9.5 9.9 8.9 10.5 10.1 8.8 7.9 7.8 17
38.3 35.1 39.0 39.3 39.6 42.7 36.8 41.9 38.9 43.3 42.9 44.4 11
17.5 17.8 20.3 19.0 20.5 21.4 19.0 20.5 18.3 20.2 19.9 20.5 13
137.3 131.5 144.6 143.7 151.3 155.9 140.6 153.1 151.3 149.5 144.6 149.7 6
67.9 69.9 82.8 78.3 83.6 85.3 77.8 81.0 78.4 78.0 74.7 78.1 6
2.6 1.4 1.9 1.5 1.2 2.2 2.3 2.5 1.9 1.9 1.7 1.6 57
67.6 64.7 70.7 67.7 72.1 78.9 72.2 78.2 78.8 75.6 70.7 71.3 8
38.1 39.3 46.5 43.2 47.1 47.3 44.5 44.7 44.8 44.1 41.9 44.3 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 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, January 18, 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
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,268 808
S
449
89
58
222
128 566 418
391
204
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
1,236 1,288 1,189 1,154 1,129 1,217 1,185 1,172 1,159 1,261 1,299 1,192 4
815 877 824 823 795 857 841 871 832 887 948 836 4
S S S S S S S S S S S S X
418 392 355 314 320 354 333 292 310 356 343 352 12
125 111 116 85 85 158 120 108 101 145 92 88 13
59 67 65 47 55 62 69 68 75 64 62 47 11
202 182 139 200 165 202 161 171 187 200 182 178 14
137 163 105 124 140 134 116 117 127 145 142 130 12
678 658 633 562 564 529 611 583 543 613 678 582 6
453 448 466 449 410 452 463 476 410 472 512 427 6
231 337 301 307 315 328 293 310 328 303 347 344 9
166 199 188 203 190 209 193 210 220 206 232 232 6
‐8.2% ± 7.7 ‐6.0% ± 11.7
‐11.8% ± 6.5 3.5% ± 10.5
S X S X
2.6% ± 22.4 ‐21.6% ± 22.9
‐4.3% ± 34.5 ‐1.1% ± 32.2
‐24.2% ± 23.7 ‐19.0% ± 24.4
‐2.2% ± 25.9 ‐19.8% ± 33.3
‐8.5% ± 16.2 1.6% ± 32.0
‐14.2% ± 12.2 2.8% ± 14.5
‐16.6% ± 10.7 2.2% ± 13.1
‐0.9% ± 14.2 ‐12.0% ± 22.6
0.0% ± 15.9 13.7% ± 21.3
2
Percent Change Dec. 2017 from Nov. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . . Dec. 2017 from Dec. 2016 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .
Table 3b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
2016 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,173.8 781.5 11.5 2017 Annual (p) . . . . . . . . . . . . . . . . . . . . . 1,202.1 848.3 11.4 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 19
Northeast Total
Midwest
1 unit
Total
380.8 342.4 6
116.1 111.4 4
60.1 61.8 3
182.3 180.4 3
‐1.0% ± 30.9
‐10.1% ± 6.3
‐4.0% ± 7.2
2.9% ± 6.6
‐1.0% ± 6.4
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 86.5 52.9 0.8
32.8
6.4
4.1
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
29.0 27.7 27.0 26.8 28.0 31.9 31.9 23.8 30.2 32.3 28.1 25.7 12
8.0 6.6 8.8 7.7 7.9 14.8 11.5 9.6 9.3 13.5 7.4 6.2 13
3.4 3.5 4.9 4.4 5.2 6.1 6.7 6.3 6.8 6.2 4.9 3.3 11
Year to year percent change² . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
2.4% ± 2.3
82.3 87.8 97.1 105.2 106.0 116.3 112.3 102.6 104.4 109.6 98.1 80.3 4
8.5% ± 1.8
53.1 58.8 69.5 76.9 76.9 83.8 79.4 78.1 72.5 75.7 69.3 54.3 4
0.2 1.3 0.7 1.4 1.2 0.5 1.1 0.7 1.6 1.6 0.7 0.3 47
West
South 1 unit
Total
1 unit
120.9 584.6 421.1 130.8 598.2 451.7 2 2 2
Total
1 unit
290.9 312.1 3
179.4 204.0 2
7.3% ± 2.8
7.3% ± 4.7
13.7% ± 4.2
13.9
7.0 39.0 28.2
27.2
13.5
10.7 8.9 9.9 18.8 16.8 20.6 16.1 15.4 18.2 19.4 14.9 10.6 14
6.2 7.6 7.3 12.3 14.6 14.5 11.8 11.0 12.4 14.4 11.5 7.1 12
15.6 23.8 24.7 28.4 28.9 31.4 28.4 27.0 28.8 25.0 26.1 23.9 9
11.1 14.1 16.1 19.5 18.0 20.6 18.8 18.9 18.3 16.2 16.7 15.7 6
8.1% ± 4.9
2.3% ± 3.6
48.0 48.4 53.8 50.3 52.5 49.5 56.3 50.6 47.9 51.7 49.7 39.5 6
32.4 33.6 41.1 40.7 39.1 42.6 42.1 41.9 35.0 39.0 36.1 28.2 6
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, January 18, 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
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,062 449
S
602
191
53
144
73 448 214
279
109
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
1,071 1,080 1,074 1,074 1,068 1,068 1,067 1,078 1,088 1,098 1,105 1,113 3
447 455 454 457 459 462 461 472 479 487 495 502 3
S S S S S S S S S S S S X
613 614 610 607 599 597 597 596 599 599 599 601 5
193 194 189 190 184 184 185 186 189 192 188 187 7
52 54 52 51 51 50 50 51 53 53 53 53 5
147 151 149 151 154 153 151 152 152 154 155 158 4
73 76 73 74 76 77 77 77 78 80 82 84 5
449 452 452 445 442 442 441 448 445 445 446 447 4
212 215 218 219 219 222 221 228 227 231 231 231 4
282 283 284 288 288 289 290 292 302 307 316 321 5
110 110 111 113 113 113 113 116 121 123 129 134 5
0.7% ± 1.1 4.8% ± 3.4
1.4% ± 1.7 11.8% ± 3.4
S X S X
0.3% ± 1.2 ‐0.2% ± 5.2
‐0.5% ± 1.6 ‐2.1% ± 8.6
0.0% ± 2.7 0.0% ± 8.2
1.9% ± 1.6 9.7% ± 7.3
2.4% ± 1.9 15.1% ± 8.4
0.2% ± 2.3 ‐0.2% ± 6.3
0.0% ± 3.2 7.9% ± 6.0
1.6% ± 1.3 15.1% ± 5.0
3.9% ± 1.9 22.9% ± 6.2
2
Percent Change Dec. 2017 from Nov. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . . Dec. 2017 from Dec. 2016 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .
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
West
South 1 unit
Total
1 unit
Total
1 unit
2016 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
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
610.9 609.5 607.2 610.6 606.1 601.0 600.7 592.6 598.0 598.8 601.4 597.4 5
191.0 190.9 187.4 189.9 185.4 185.8 187.5 186.7 189.2 193.5 190.5 185.5 7
50.7 51.6 50.7 50.4 50.7 51.0 51.4 52.3 54.0 54.5 54.7 52.3 5
142.5 143.7 143.2 147.8 153.9 155.6 156.3 155.5 156.8 158.4 158.2 154.1 4
68.6 69.5 67.8 70.1 75.2 79.0 81.4 81.2 82.6 84.3 85.3 81.0 5
275.0 275.6 278.9 288.7 291.1 294.0 297.1 297.6 306.9 309.3 316.8 312.6 5
104.0 103.5 106.1 112.5 113.8 116.5 119.7 122.9 125.9 125.6 128.8 126.7 5
1,045.8 1,051.1 1,052.6 1,071.4 1,077.5 1,083.4 1,092.6 1,095.9 1,106.4 1,110.3 1,113.2 1,085.8 3
424.4 430.4 435.0 450.9 461.4 473.5 482.8 493.8 498.1 500.0 500.7 478.4 3
10.5 11.2 10.4 9.9 10.0 8.9 9.1 9.5 10.3 11.5 11.1 10.0 16
437.4 441.0 443.1 445.1 447.2 448.0 451.7 456.2 453.4 449.1 447.7 433.6 4
201.1 205.9 210.3 217.8 221.7 227.1 230.3 237.3 235.5 235.6 232.0 218.5 4
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, January 18, 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
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 1,096 765
S
323
102
50
184
120 574 414
236
181
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
1,083 1,161 1,194 1,098 1,180 1,230 1,194 1,091 1,081 1,184 1,152 1,177 6
802 763 810 774 799 815 844 748 771 794 784 818 6
S S S S S S S S S S S S X
277 382 368 301 369 404 343 340 303 383 353 346 13
84 119 111 88 138 134 106 133 79 138 145 112 18
67 40 60 60 54 61 75 56 53 60 55 62 16
174 123 188 183 146 220 171 178 179 147 176 166 13
134 108 134 127 120 128 106 125 112 128 112 119 10
611 575 629 591 600 541 637 528 593 628 602 601 8
459 402 449 420 426 419 471 395 428 427 464 451 9
214 344 266 236 296 335 280 252 230 271 229 298 9
142 213 167 167 199 207 192 172 178 179 153 186 9
2.2% ± 17.8 7.4% ± 13.0
4.3% ± 20.5 6.9% ± 15.2
S X S X
‐2.0% ± 34.5 7.1% ± 28.2
‐22.8% ± 27.2 9.8% ± 51.5
12.7% ± 41.2 24.0% ± 28.8
‐5.7% ± 45.2 ‐9.8% ± 15.5
6.3% ± 25.8 ‐0.8% ± 11.5
‐0.2% ± 25.1 4.7% ± 19.6
‐2.8% ± 31.1 8.9% ± 25.5
30.1% ± 43.2 26.3% ± 23.6
21.6% ± 38.4 2.8% ± 14.7
2
Percent Change Dec. 2017 from Nov. 2017 . . . . . . . . . . . . 3 . 90 percent confidence interval . . . . . . Dec. 2017 from Dec. 2016 . . . . . . . . . . . . . 90 percent confidence interval 3 . . . . . .
Table 5b ‐ Not seasonally adjusted Period Total
United States 2 to 4 5 units 1 unit units or more
2016 Annual . . . . . . . . . . . . . . . . . . . . . . . 1,059.7 738.4 10.4 2017 Annual (p) . . . . . . . . . . . . . . . . . . . . . 1,152.3 794.0 10.7 . RSE (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 17
Northeast Total
Midwest
1 unit
Total
311.0 347.7 5
99.5 115.8 5
55.2 58.5 5
164.0 171.6 4
2.9% ± 26.2
11.8% ± 8.8
16.5% ± 10.4
6.1% ± 8.6
4.6% ± 7.6
2016 December . . . . . . . . . . . . . . . . . . . . . . . . . 103.6 75.0 0.6
28.0
9.5
5.0
2017 January . . . . . . . . . . . . . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . June . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . . . . . . . . . . . . . . . September . . . . . . . . . . . . . . . . . . . . . . . . . October (r) . . . . . . . . . . . . . . . . . . . . . . . . . November (r) . . . . . . . . . . . . . . . . . . . . . . . December (p) . . . . . . . . . . . . . . . . . . . . . . 1 . Average RSE (%) . . . . . . . . . . . . . . . . . .
19.4 25.1 28.3 21.7 30.3 37.5 32.1 36.2 27.3 33.1 26.6 30.0 13
5.6 7.5 8.0 6.3 11.6 12.5 9.0 13.1 8.0 12.1 11.7 10.4 18
4.4 2.3 4.0 4.3 4.8 5.7 6.2 4.9 5.6 5.4 4.9 6.0 16
Year to year percent change² . . . . . . . . . 3 . 90 percent confidence interval . . . . . .
8.7% ± 3.1
74.6 78.9 92.0 83.4 98.1 109.9 102.2 102.1 96.2 106.9 96.2 111.7 6
7.5% ± 3.1
55.0 52.7 62.4 60.1 66.9 71.3 69.4 65.6 68.2 73.3 68.5 80.6 6
0.3 1.1 1.3 1.6 1.0 1.1 0.6 0.3 0.7 0.6 1.1 1.1 47
West
South 1 unit
Total
1 unit
116.8 551.3 402.9 120.6 593.8 434.7 2 2 2
Total
1 unit
245.0 271.1 3
163.5 180.1 2
7.9% ± 4.2
10.6% ± 5.2
10.2% ± 6.2
17.7
12.2 54.0 40.1
22.4
17.7
11.3 7.6 13.3 13.9 11.9 19.2 15.1 16.8 16.7 14.5 15.1 16.2 13
8.5 6.6 9.2 9.9 9.8 10.7 8.9 11.2 10.6 12.9 10.3 12.1 10
14.3 23.1 20.7 17.8 25.0 30.0 24.1 23.6 20.5 24.5 19.4 28.2 9
9.2 14.5 13.0 12.8 17.0 18.1 15.8 15.1 15.7 16.5 13.7 18.5 9
3.3% ± 4.2
7.7% ± 4.2
43.5 40.6 50.0 45.3 49.6 48.2 54.0 48.7 51.1 55.9 50.0 56.9 8
32.9 29.2 36.1 33.0 35.3 36.9 38.4 34.5 36.3 38.5 39.6 43.9 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, January 18, 2018. Additional information on the survey methodology may be found at .