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 Sept. 2018 2019 2020 2021 2022 Sept. 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
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 3.347 3.960 3.943
November 2021 3.563 3.420 4.290 4.038
December 2021 3.556 3.482 4.208 4.055
January 2022 3.452 3.539 3.595 4.096
February 2022 3.568 3.582 4.175 4.142
March 2022 3.570 3.624 4.290 4.191
April 2022 3.553 3.656 4.425 4.289
May 2022 3.842 3.653 4.120 4.287
June 2022 3.774 3.602 4.530 4.313
July 2022 3.491 3.497 3.964 4.288
August 2022 3.433 3.341 4.904 4.189
September 2022 3.140 3.176 3.869 4.049
October 2022 2.737 3.019 3.399 3.946
November 2022 2.934 2.889 4.182 3.845
December 2022 2.840 2.775 3.843 3.854
January 2023 2.644 2.706 3.538 3.879
February 2023 2.702 2.646 4.094 3.936
March 2023 2.620 2.618 4.158 4.065
April 2023 2.500 2.614 3.837 4.158
May 2023 2.581 2.622 4.550 4.226
June 2023 2.598 2.660 4.391 4.278
July 2023 2.756 2.709 4.338 4.302
August 2023 2.881 2.749 3.997 4.272
September 2023 2.780 2.786 4.391 4.283
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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