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United States Building Permits
Last Release
Dec 31, 2022
Actual
1,337
Units In
Thousand
Previous
1,351
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
2,419 Dec 1972 | 513 Mar 2009 | 1,368.63 Thousand | 1960-2022 | U.S. Census Bureau |
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.
Latest Updates
Building permits in the United States fell 1.0 percent from a month earlier to a seasonally adjusted annual rate of 1.337 million in December 2022, the lowest level since May 2020, as high inflation and rising mortgage rates hit demand for new housing, revised data showed. Single-family authorizations declined 6.4 percent to a rate of 731 thousand, the lowest since April 2020, while the volatile multi-segment rose 6.3 percent to 606 thousand. Permits were down in the South (-1.7 percent to 740 thousand), Midwest (-12.1 percent to 175 thousand) and Northeast (-2.5 percent to 115 thousand), but were up in the West (9.3 percent to 307 thousand).
United States Building Permits History
Last 12 readings
A Look at the Markets
United States Housing Indicators
All United States indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
Building Permits | 1,337 Dec 2022 | 1,351 Nov 2022 | 513 Mar 2009 | 2,419 Dec 1972 | Thousand | Monthly | 1960-2022 |
Building Permits MoM | -1 Dec 2022 | -10.6 Nov 2022 | -24 Feb 1990 | 33.9 Jan 1967 | % | Monthly | 1960-2022 |
Case Shiller Home Price Index | 303.86 Oct 2022 | 306.29 Sep 2022 | 100 Jan 2000 | 318.63 Jun 2022 | Points | Monthly | 2000-2022 |
Case Shiller Home Price Index MoM | -0.8 Oct 2022 | -1.5 Sep 2022 | -2.8 Jan 2009 | 2.6 Apr 2013 | % | Monthly | 2000-2022 |
Case Shiller Home Price Index YoY | 8.6 Oct 2022 | 10.4 Sep 2022 | -19 Jan 2009 | 21.2 Mar 2022 | % | Monthly | 2001-2022 |
Construction Spending | 0.2 Nov 2022 | -0.3 Oct 2022 | -4.8 Feb 1975 | 5.9 Apr 1978 | % | Monthly | 1964-2022 |
Existing Home Sales | 4,020 Dec 2022 | 4,080 Nov 2022 | 1,370 Mar 1970 | 7,250 Sep 2005 | Thousand | Monthly | 1968-2022 |
Existing Home Sales MoM | -1.5 Dec 2022 | -7.9 Nov 2022 | -22.5 Jul 2010 | 22.5 Jul 2020 | % | Monthly | 1968-2022 |
Home Ownership Rate | 66 Sep 2022 | 65.8 Jun 2022 | 62.9 Mar 1965 | 69.2 Jun 2004 | % | Quarterly | 1965-2022 |
House Price Index MoM | 0 Oct 2022 | 0.1 Sep 2022 | -1.8 Nov 2008 | 2.1 Feb 2022 | N/A | 1991-2022 | |
House Price Index YoY | 9.8 Oct 2022 | 11 Sep 2022 | -10.6 Nov 2008 | 19.4 Feb 2022 | N/A | 1992-2022 | |
Housing Index | 392.7 Oct 2022 | 392.3 Sep 2022 | 100 Jan 1991 | 398.1 May 2022 | % | Monthly | 1991-2022 |
Housing Starts | 1,382 Dec 2022 | 1,401 Nov 2022 | 478 Apr 2009 | 2,494 Jan 1972 | Thousand units | Monthly | 1959-2022 |
Housing Starts MoM | -1.4 Dec 2022 | -1.8 Nov 2022 | -26.4 Mar 1984 | 29.3 Jul 1982 | N/A | 1959-2022 | |
MBA Mortgage Market Index | 255.3 Jan 2023 | 238.7 Jan 2023 | 64.2 Oct 1990 | 1,856.7 May 2003 | N/A | 1990-2023 | |
MBA Mortgage Refinance Index | 502.3 Jan 2023 | 438.3 Jan 2023 | 59 Dec 1994 | 9,977.8 May 2003 | N/A | 1990-2023 | |
MBA Purchase Index | 205.4 Jan 2023 | 198.7 Jan 2023 | 53.5 Dec 1990 | 529.3 Jun 2005 | N/A | 1990-2023 | |
Mortgage Applications | 7 Jan 2023 | 27.9 Jan 2023 | -40.5 Jan 1993 | 112.1 Nov 2008 | % | Weekly | 1990-2023 |
Mortgage Rate | 6.2 Jan 2023 | 6.23 Jan 2023 | 2.85 Dec 2020 | 10.56 Apr 1990 | % | Weekly | 1990-2023 |
Nahb Housing Market Index | 35 Jan 2023 | 31 Dec 2022 | 8 Jan 2009 | 90 Nov 2020 | Monthly | 1985-2023 | |
New Home Sales | 616 Dec 2022 | 602 Nov 2022 | 270 Feb 2011 | 1,389 Jul 2005 | Thousand units | Monthly | 1963-2022 |
New Home Sales MoM | 2.3 Dec 2022 | 0.7 Nov 2022 | -33.6 May 2010 | 31.2 Apr 1963 | N/A | 1963-2022 | |
Pending Home Sales | -33.8 Dec 2022 | -36.9 Nov 2022 | -37.09 Oct 2022 | 51.7 Apr 2021 | % | Monthly | 2002-2022 |
Pending Home Sales MoM | 2.5 Dec 2022 | -2.6 Nov 2022 | -30.3 May 2010 | 41.9 May 2020 | % | Monthly | 2001-2022 |
Single Family Home Prices | 366,900 Dec 2022 | 370,700 Nov 2022 | 19,700 Jan 1968 | 416,000 Jun 2022 | USD | Monthly | 1968-2022 |
Building Permits across North America
Building Permits global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
11,033,887 Nov 2022 | 9,994,057 Oct 2022 | 57,056 Nov 1951 | 12,481,715 Aug 2022 | CAD Thousand | Monthly | 1950-2022 | |
1,337 Dec 2022 | 1,351 Nov 2022 | 513 Mar 2009 | 2,419 Dec 1972 | Thousand | Monthly | 1960-2022 |