Chart 3
Value of building permits for the residential and non-residential sectors

billions of dollars 1 2 3 4 5 6 7 8 9 Nov. 2018 2019 2020 2021 2022 Nov. 2023 Residential, seasonally adjustedResidential, seasonally adjusted Residential, trend cycleResidential, trend cycle Non-residential, seasonally adjustedNon-residential, seasonally adjusted Non-residential, trend cycleNon-residential, 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 residential and non-residential sectors, billions of dollars
  Residential, seasonally adjusted Residential, trend cycle Non-residential, seasonally adjusted Non-residential, trend cycle
November 2018 5.183 5.108 3.279 3.176
December 2018 5.228 5.127 3.455 3.207
January 2019 5.167 5.123 2.899 3.238
February 2019 4.911 5.120 3.005 3.295
March 2019 4.864 5.135 3.565 3.385
April 2019 5.647 5.187 3.749 3.443
May 2019 5.194 5.239 3.538 3.452
June 2019 4.958 5.281 3.257 3.430
July 2019 5.260 5.290 3.451 3.426
August 2019 5.866 5.304 3.397 3.422
September 2019 5.241 5.284 3.195 3.414
October 2019 5.138 5.250 3.503 3.446
November 2019 4.708 5.186 3.409 3.428
December 2019 5.159 5.143 3.783 3.342
January 2020 5.618 5.067 3.338 3.172
February 2020 5.527 4.948 2.853 2.976
March 2020 4.382 4.856 2.743 2.760
April 2020 3.893 4.850 2.055 2.630
May 2020 5.234 4.995 2.654 2.607
June 2020 5.346 5.225 2.754 2.633
July 2020 5.413 5.498 2.853 2.749
August 2020 5.918 5.833 2.440 2.821
September 2020 6.336 6.153 3.563 2.932
October 2020 6.498 6.401 2.661 2.960
November 2020 6.496 6.650 3.122 2.976
December 2020 6.510 6.887 2.822 2.986
January 2021 7.514 7.107 2.960 3.023
February 2021 6.973 7.269 3.305 3.056
March 2021 7.954 7.329 2.724 3.072
April 2021 7.673 7.263 3.434 3.145
May 2021 6.651 7.149 3.112 3.187
June 2021 6.928 7.018 3.279 3.263
July 2021 7.105 6.979 3.161 3.322
August 2021 6.396 7.015 3.425 3.396
September 2021 7.176 7.114 3.529 3.502
October 2021 7.410 7.294 3.794 3.583
November 2021 7.853 7.468 3.489 3.666
December 2021 7.764 7.555 3.764 3.794
January 2022 7.127 7.653 3.578 3.892
February 2022 7.727 7.731 4.551 3.984
March 2022 7.854 7.816 3.699 4.034
April 2022 8.012 7.934 4.352 4.049
May 2022 7.950 7.918 4.175 3.971
June 2022 8.152 7.889 3.633 3.889
July 2022 7.436 7.767 3.691 3.801
August 2022 8.440 7.519 4.004 3.750
September 2022 6.991 7.217 3.385 3.728
October 2022 6.117 6.968 3.587 3.814
November 2022 7.120 6.750 4.231 3.962
December 2022 6.706 6.629 4.101 4.066
January 2023 6.182 6.585 4.105 4.206
February 2023 6.796 6.582 3.976 4.279
March 2023 6.778 6.686 5.616 4.399
April 2023 6.337 6.762 3.537 4.415
May 2023 7.131 6.839 4.088 4.445
June 2023 6.989 6.937 4.932 4.472
July 2023 7.095 7.005 4.378 4.472
August 2023 6.878 7.017 5.083 4.419
September 2023 7.070 7.048 3.917 4.297
October 2023 7.163 7.062 4.152 4.269
November 2023 6.964 7.038 3.910 4.118
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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