Real Estate

US Housing Starts and Permits (Monthly, 2023–2025)

The above chart is US Housing Starts and Permits (Monthly, 2023–2025) by North America – ($100–500B).

Data source: U.S. Census Bureau Housing Starts and Permits (2025)

Market Dynamics

Housing starts and building permits are leading indicators of residential construction activity and broader economic health. The gap between permits and starts can signal supply chain constraints or builder caution. Mortgage rates, labor availability, and material costs all influence the pace of new home construction.

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