Chart 2
Value of building permits for the single-family and multi-family components

billions of dollars 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5 May 2018 2019 2020 2021 2022 May 2023 Single-family dwellings, seasonally adjustedSingle-family dwellings, seasonally adjusted Single-family dwellings, trend cycleSingle-family dwellings, trend cycle Multi-family dwellings, seasonally adjustedMulti-family dwellings, seasonally adjusted Multi-family dwellings, trend cycleMulti-family dwellings, trend cycle
Note(s):
The higher variability associated with the trend-cycle estimates is indicated with a dotted line on the chart for the current reference month and the previous three months. For more information, see the Note to readers.
Source(s):

Chart description


This is a line chart.

Value of building permits for the single-family and multi-family components, billions of dollars
  Single-family dwellings, seasonally adjusted Single-family dwellings, trend cycle Multi-family dwellings, seasonally adjusted Multi-family dwellings, trend cycle
May 2018 2.440 2.376 3.011 2.968
June 2018 2.383 2.339 3.016 2.935
July 2018 2.355 2.305 2.943 2.887
August 2018 2.151 2.263 2.546 2.864
September 2018 2.194 2.228 2.812 2.874
October 2018 2.324 2.186 2.924 2.889
November 2018 2.145 2.139 3.038 2.961
December 2018 2.052 2.109 3.176 3.025
January 2019 2.003 2.084 3.115 3.027
February 2019 2.099 2.100 2.799 3.012
March 2019 2.040 2.136 2.830 3.001
April 2019 2.232 2.196 3.425 3.002
May 2019 2.302 2.255 2.921 3.001
June 2019 2.322 2.301 2.674 3.001
July 2019 2.358 2.316 2.927 2.994
August 2019 2.405 2.298 3.479 3.017
September 2019 2.239 2.283 2.973 3.000
October 2019 2.148 2.279 2.986 2.961
November 2019 2.239 2.251 2.472 2.914
December 2019 2.191 2.219 2.934 2.894
January 2020 2.245 2.173 3.374 2.866
February 2020 2.551 2.096 2.977 2.832
March 2020 2.023 2.017 2.360 2.839
April 2020 1.373 1.974 2.520 2.899
May 2020 1.939 2.015 3.295 3.014
June 2020 2.085 2.136 3.261 3.133
July 2020 2.326 2.302 3.086 3.237
August 2020 2.560 2.484 3.357 3.367
September 2020 2.861 2.685 3.475 3.455
October 2020 2.810 2.862 3.688 3.508
November 2020 2.932 3.019 3.564 3.584
December 2020 3.062 3.172 3.448 3.657
January 2021 3.450 3.328 4.064 3.741
February 2021 3.473 3.436 3.500 3.820
March 2021 3.705 3.497 4.249 3.866
April 2021 3.591 3.483 4.083 3.859
May 2021 3.258 3.414 3.393 3.822
June 2021 3.350 3.335 3.578 3.779
July 2021 3.111 3.263 3.994 3.794
August 2021 3.158 3.238 3.238 3.795
September 2021 3.074 3.248 4.101 3.815
October 2021 3.450 3.323 3.960 3.885
November 2021 3.563 3.392 4.290 3.960
December 2021 3.556 3.452 4.208 3.965
January 2022 3.452 3.516 3.595 4.021
February 2022 3.568 3.565 4.175 4.087
March 2022 3.570 3.615 4.290 4.175
April 2022 3.553 3.645 4.425 4.291
May 2022 3.842 3.644 4.120 4.296
June 2022 3.774 3.600 4.530 4.334
July 2022 3.491 3.502 3.964 4.300
August 2022 3.433 3.349 4.904 4.175
September 2022 3.140 3.176 3.869 4.049
October 2022 2.737 3.020 3.399 3.947
November 2022 2.934 2.892 4.182 3.851
December 2022 2.840 2.789 3.843 3.814
January 2023 2.653 2.712 3.480 3.824
February 2023 2.649 2.641 3.960 3.838
March 2023 2.548 2.587 4.034 3.931
April 2023 2.471 2.540 3.784 3.988
May 2023 2.438 2.488 4.351 4.030
Note(s):
The higher variability associated with the trend-cycle estimates is indicated with a dotted line on the chart for the current reference month and the previous three months. For more information, see the Note to readers.
Source(s):
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