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Housing & construction

Starts, permits, prices, sales, and construction spending for homebuilders, REITs, and building products.

All observations (CSV) Bundle data (JSON)

New Privately-Owned Housing Units Started: Single-Family Units

HOUST1F ↗ Monthly

Isolates single-family starts, the highest-margin and most volume-relevant segment for production homebuilders versus multifamily apartment supply.

895
Thousands of Units · 2026-06-01
1M -2 1Y -30
Homebuilders (DHI, LEN, PHM, NVR)Lumber/OSB producers
Recent observations (240 stored)
DateValue
2026-06-01895
2026-05-01897
2026-04-01914
2026-03-011,017
2026-02-01923
2026-01-01894
2025-12-01946
2025-11-01929
2025-10-01893
2025-09-01837
2025-08-01873
2025-07-01959

New Privately-Owned Housing Units Started: Units in Buildings with 5 Units or More

HOUST5F ↗ Monthly

Tracks multifamily/apartment construction, a direct demand signal for apartment REIT supply pipelines and a leading indicator of future rent growth.

513
Thousands of Units · 2026-06-01
1M +222 1Y +83
Apartment REITs (EQR, AVB, MAA, ESS)Building products
Recent observations (240 stored)
DateValue
2026-06-01513
2026-05-01291
2026-04-01494
2026-03-01481
2026-02-01414
2026-01-01469
2025-12-01410
2025-11-01375
2025-10-01355
2025-09-01471
2025-08-01407
2025-07-01453

New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units

PERMIT ↗ Monthly

Building permits lead starts by 1-2 months, giving the earliest read on the future construction pipeline and builder confidence in demand.

1,374
Thousands of Units · 2026-06-01
1M -36 1Y -25
HomebuildersBuilding productsConstruction materials
Recent observations (240 stored)
DateValue
2026-06-011,374
2026-05-011,410
2026-04-011,423
2026-03-011,363
2026-02-011,540
2026-01-011,393
2025-12-011,482
2025-11-011,414
2025-10-011,418
2025-09-011,444
2025-08-011,347
2025-07-011,400

New One Family Houses Sold: United States

HSN1F ↗ Monthly

New home sales are the direct top-line demand metric for homebuilders and the cleanest gauge of new-construction absorption.

628
Thousands · 2026-06-01
1M +10 1Y -37
Homebuilders (DHI, LEN, PHM, KBH, TOL)Mortgage lenders
Recent observations (240 stored)
DateValue
2026-06-01628
2026-05-01618
2026-04-01646
2026-03-01659
2026-02-01630
2026-01-01576
2025-12-01723
2025-11-01757
2025-10-01652
2025-09-01714
2025-08-01698
2025-07-01648

Monthly Supply of New Houses in the United States

MSACSR ↗ Monthly

Months' supply of new homes signals inventory/demand balance and pricing power; rising supply pressures builder gross margins and incentives.

9.3
Months' Supply · 2026-06-01
1M -0.1 1Y +0.3
HomebuildersBuilding products
Recent observations (240 stored)
DateValue
2026-06-019.3
2026-05-019.4
2026-04-019
2026-03-018.7
2026-02-019.3
2026-01-019.9
2025-12-017.9
2025-11-017.7
2025-10-019
2025-09-018.2
2025-08-018.5
2025-07-019.2

Existing Home Sales

EXHOSLUSM495S ↗ Monthly

Existing sales are ~85% of the market and drive demand for remodeling, real estate brokerage, title, and home-improvement retail.

4,090,000
Number of Units · 2026-06-01
1M -100,000 1Y +110,000
Home improvement retail (HD, LOW)Real estate brokerage (Z, RDFN)Title insurance (FNF, FAF)
Recent observations (14 stored)
DateValue
2026-06-014,090,000
2026-05-014,190,000
2026-04-014,040,000
2026-03-014,010,000
2026-02-014,130,000
2026-01-014,020,000
2025-12-014,270,000
2025-11-014,090,000
2025-10-014,110,000
2025-09-014,080,000
2025-08-014,030,000
2025-07-014,030,000

Median Sales Price for New Houses Sold in the United States

MSPNHSUS ↗ Monthly

Median new-home price tracks builder pricing power and revenue per unit, a core driver of homebuilder margins and average selling price.

398,300
Dollars · 2026-06-01
1M -13,700 1Y -10,900
HomebuildersMortgage originators
Recent observations (240 stored)
DateValue
2026-06-01398,300
2026-05-01412,000
2026-04-01415,700
2026-03-01398,700
2026-02-01412,000
2026-01-01416,200
2025-12-01429,100
2025-11-01402,500
2025-10-01404,200
2025-09-01416,800
2025-08-01417,900
2025-07-01397,300

S&P Cotality Case-Shiller U.S. National Home Price Index

CSUSHPINSA ↗ Monthly

The benchmark repeat-sales home price index; rising prices support homeowner equity, refi/HELOC volume, and mortgage credit quality.

332.68
Index Jan 2000=100 · 2026-04-01
1M +2.55 1Y +2.79
Mortgage insurers (MTG, ESNT)BanksREITsTitle insurance
Recent observations (238 stored)
DateValue
2026-04-01332.68
2026-03-01330.13
2026-02-01327.7
2026-01-01326.7
2025-12-01327.01
2025-11-01327.85
2025-10-01328.24
2025-09-01328.88
2025-08-01329.85
2025-07-01330.94
2025-06-01331.6
2025-05-01331.41

All-Transactions House Price Index for the United States

USSTHPI ↗ Quarterly

FHFA's broad purchase/refi price index used for LTV and collateral valuation; complements Case-Shiller for mortgage credit-risk analysis.

713.09
Index 1980:Q1=100 · 2026-01-01
1M +4.78 1Y +23.15
GSEs/mortgageBanksMortgage insurers
Recent observations (79 stored)
DateValue
2026-01-01713.09
2025-10-01708.31
2025-07-01704.26
2025-04-01700.24
2025-01-01689.94
2024-10-01684.87
2024-07-01681.12
2024-04-01674.27
2024-01-01658.64
2023-10-01649.37
2023-07-01649.07
2023-04-01638.5

Total Construction Spending: Residential in the United States

TLRESCONS ↗ Monthly

Dollar value of residential construction put in place, a direct revenue proxy for builders, building products, and materials demand.

942,779
Millions of Dollars · 2026-05-01
1M +3,437 1Y +16,362
Building products (BLDR, MAS, FBIN)Materials (VMC, MLM)
Recent observations (239 stored)
DateValue
2026-05-01942,779
2026-04-01939,342
2026-03-01930,247
2026-02-01919,746
2026-01-01924,558
2025-12-01942,431
2025-11-01928,964
2025-10-01934,809
2025-09-01944,242
2025-08-01940,035
2025-07-01939,959
2025-06-01933,267

Total Construction Spending: Nonresidential in the United States

TLNRESCONS ↗ Monthly

Commercial/industrial construction spending differentiates nonresidential-exposed contractors, materials, and industrial REIT development.

1,267,435
Millions of Dollars · 2026-05-01
1M -273 1Y -50,575
Nonresidential contractorsMaterialsIndustrial REITs (PLD)
Recent observations (239 stored)
DateValue
2026-05-011,267,435
2026-04-011,267,708
2026-03-011,269,153
2026-02-011,269,938
2026-01-011,271,078
2025-12-011,273,524
2025-11-011,291,762
2025-10-011,306,332
2025-09-011,301,557
2025-08-011,301,989
2025-07-011,302,674
2025-06-011,304,452

Total Construction Spending: Total Construction in the United States

TTLCONS ↗ Monthly

Aggregate construction put-in-place captures total end-market demand for cement, aggregates, machinery, and engineering & construction firms.

2,210,214
Millions of Dollars · 2026-05-01
1M +3,163 1Y -34,212
Materials (VMC, MLM)Machinery (CAT, DE)E&C firms
Recent observations (239 stored)
DateValue
2026-05-012,210,214
2026-04-012,207,051
2026-03-012,199,399
2026-02-012,189,683
2026-01-012,195,636
2025-12-012,215,955
2025-11-012,220,726
2025-10-012,241,141
2025-09-012,245,799
2025-08-012,242,024
2025-07-012,242,633
2025-06-012,237,719

Rental Vacancy Rate in the United States

RRVRUSQ156N ↗ Quarterly

Rental vacancy is the supply/demand barometer for apartment REIT occupancy and pricing power; lower vacancy supports rent growth.

7.3
Percent · 2026-01-01
1M +0.1 1Y +0.2
Apartment REITs (EQR, AVB, MAA)Single-family rental REITs (INVH, AMH)
Recent observations (79 stored)
DateValue
2026-01-017.3
2025-10-017.2
2025-07-017.1
2025-04-017
2025-01-017.1
2024-10-016.9
2024-07-016.9
2024-04-016.6
2024-01-016.6
2023-10-016.6
2023-07-016.6
2023-04-016.3

Homeowner Vacancy Rate in the United States

RHVRUSQ156N ↗ Quarterly

Homeowner vacancy gauges excess for-sale inventory and shadow supply, an early signal of price softening and absorption stress.

1.1
Percent · 2026-01-01
1M -0.1 1Y 0
HomebuildersSingle-family rental REITsMortgage credit
Recent observations (79 stored)
DateValue
2026-01-011.1
2025-10-011.2
2025-07-011.2
2025-04-011.1
2025-01-011.1
2024-10-011.1
2024-07-011
2024-04-010.9
2024-01-010.8
2023-10-010.9
2023-07-010.8
2023-04-010.7

Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks

DRSFRMACBS ↗ Quarterly, End of Period

Residential mortgage delinquencies are the core housing credit-quality metric driving bank loss provisions and mortgage-insurer claims.

1.89
Percent · 2026-01-01
1M +0.1 1Y +0.12
BanksMortgage insurers (MTG, ESNT, RDN)Mortgage REITs
Recent observations (79 stored)
DateValue
2026-01-011.89
2025-10-011.79
2025-07-011.78
2025-04-011.78
2025-01-011.77
2024-10-011.78
2024-07-011.74
2024-04-011.73
2024-01-011.71
2023-10-011.7
2023-07-011.72
2023-04-011.72

Delinquency Rate on Commercial Real Estate Loans (Excluding Farmland), Booked in Domestic Offices, All Commercial Banks

DRCRELEXFACBS ↗ Quarterly, End of Period

CRE delinquencies flag stress in office/retail lending, critical for regional banks and commercial mortgage REIT credit analysis.

1.56
Percent · 2026-01-01
1M -0.02 1Y -0.01
Regional banksCommercial mortgage REITs (BXMT, STWD)Office REITs
Recent observations (79 stored)
DateValue
2026-01-011.56
2025-10-011.58
2025-07-011.57
2025-04-011.57
2025-01-011.57
2024-10-011.56
2024-07-011.51
2024-04-011.42
2024-01-011.21
2023-10-011.16
2023-07-011.06
2023-04-010.85

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. Sparklines cover roughly the last five years; the CSV download carries the full synced history. Verify figures at the linked FRED series pages.