United States Housing Market

Housing Starts: Total

Building Permits

Construction Spending

Home Sales

Property Sentiment Surveys

Notes

Housing starts

Housing starts are the number of new residential construction projects that have begun during any particular month. These statistics are critical indicators of economic strength. The data is released on or around the 17th of each month by the U.S. Commerce Department. Surveys of homebuilders nationwide are used to compile the data.

A housing unit is a house, an apartment, a group of rooms or a single room intended for occupancy as separate living quarters.

A housing start occurs when excavation begins for the footings or foundation of a building. All housing units in a multifamily building are defined as being started when this excavation begins.

Construction spending

This is an estimate of the total dollar value of construction work done in the United States. The survey is done once a month by the Department of Commerce's Census Bureau, it looks at residential and non-residential construction in the private sector, and state and federal at the public level.

Existing home sales

The existing home sales data measures sales and prices of existing single-family homes for the nation overall.

Home buying conditions

Source: University of Michigan consumer survey. The question for this survey was 'Generally speaking, do you think now is a good time or a bad time to buy a house?'

Home selling conditions

Source: University of Michigan consumer survey. The question for this survey was 'Generally speaking, do you think now is a good time or a bad time to sell a house?'

Percentage expecting home price increase in next year

Source: University of Michigan consumer survey. The questions asked for this survey included:

What do you think will happen to the prices of homes like yours in your community over the next 12 months

Will they increase at a rapid rate, increase at a moderate rate, remain about the same, decrease at a moderate rate, or decrease at a rapid rate?

By about what percent do you expect prices of homes like yours in your community to go (up/down), on average, over the next 12 months?

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