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 Mar. 2019 2020 2021 2022 2023 Mar. 2024 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
March 2019 2.037 2.135 2.828 3.001
April 2019 2.238 2.190 3.410 2.997
May 2019 2.284 2.246 2.910 2.993
June 2019 2.293 2.291 2.665 2.990
July 2019 2.346 2.308 2.914 2.982
August 2019 2.396 2.294 3.470 3.010
September 2019 2.272 2.286 2.969 2.998
October 2019 2.156 2.285 2.982 2.965
November 2019 2.233 2.261 2.475 2.925
December 2019 2.202 2.232 2.957 2.911
January 2020 2.261 2.183 3.364 2.883
February 2020 2.489 2.104 2.985 2.846
March 2020 2.068 2.020 2.367 2.842
April 2020 1.365 1.971 2.526 2.883
May 2020 1.965 2.009 3.291 2.991
June 2020 2.093 2.123 3.258 3.100
July 2020 2.313 2.288 3.084 3.203
August 2020 2.553 2.478 3.324 3.348
September 2020 2.869 2.687 3.473 3.460
October 2020 2.809 2.870 3.698 3.532
November 2020 2.928 3.036 3.570 3.627
December 2020 3.054 3.194 3.466 3.718
January 2021 3.524 3.352 4.069 3.793
February 2021 3.431 3.455 3.522 3.856
March 2021 3.773 3.503 4.284 3.867
April 2021 3.582 3.475 4.142 3.812
May 2021 3.283 3.396 3.403 3.756
June 2021 3.359 3.306 3.497 3.682
July 2021 3.084 3.231 3.967 3.695
August 2021 3.123 3.221 3.194 3.740
September 2021 3.077 3.248 3.970 3.812
October 2021 3.442 3.336 3.987 3.925
November 2021 3.539 3.418 4.243 4.044
December 2021 3.520 3.487 4.383 4.094
January 2022 3.569 3.559 3.628 4.134
February 2022 3.514 3.605 4.139 4.178
March 2022 3.651 3.647 4.309 4.224
April 2022 3.549 3.671 4.522 4.292
May 2022 3.862 3.662 4.177 4.258
June 2022 3.783 3.597 4.271 4.235
July 2022 3.451 3.482 3.973 4.195
August 2022 3.381 3.320 4.834 4.103
September 2022 3.132 3.145 3.568 3.983
October 2022 2.734 2.989 3.441 3.944
November 2022 2.897 2.858 4.142 3.921
December 2022 2.811 2.767 4.292 3.935
January 2023 2.687 2.706 3.644 3.977
February 2023 2.647 2.653 4.056 4.051
March 2023 2.669 2.633 4.265 4.159
April 2023 2.524 2.627 3.873 4.258
May 2023 2.602 2.629 4.554 4.349
June 2023 2.666 2.661 4.822 4.447
July 2023 2.707 2.711 4.403 4.464
August 2023 2.820 2.746 4.001 4.381
September 2023 2.744 2.777 4.786 4.326
October 2023 2.768 2.793 4.294 4.201
November 2023 2.880 2.782 4.232 4.077
December 2023 2.858 2.766 3.060 3.984
January 2024 2.577 2.733 4.214 3.993
February 2024 2.784 2.706 4.340 3.998
March 2024 2.579 2.678 3.951 4.005
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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