Building permits in the United States rose by 5.2% to a seasonally adjusted annualized rate of 1.493 million in November of 2024, revised lower from initial estimates of 1.505 million. It was still the sharpest increase since February 2023, lifting permits to their highest annualized level since February 2024. Single-family permits rose by 0.5% to an annualized rate of 976 thousand, while permits for buildings with five or more units soared by 17.8% to 464 thousand. Across different US regions, there were increases in permits in the South (6% to 800 thousand), Midwest (11.2% to 218 thousand), and the West (2.8% to 335 thousand), while decreases were seen in the Northeast (-1.4% to 140 thousand. source: U.S. Census Bureau
Building Permits in the United States increased to 1493 Thousand in November from 1419 Thousand in October of 2024. Building Permits in the United States averaged 1373.16 Thousand from 1960 until 2024, reaching an all time high of 2419.00 Thousand in December of 1972 and a record low of 513.00 Thousand in March of 2009. This page provides the latest reported value for - United States Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Building Permits - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Building Permits in the United States increased to 1493 Thousand in November from 1419 Thousand in October of 2024. Building Permits in the United States is expected to be 1670.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations.