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 Jan. 2019 2020 2021 2022 2023 Jan. 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
January 2019 2.009 2.088 3.157 3.035
February 2019 2.112 2.103 2.799 3.017
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 2.245 2.185 3.374 2.882
February 2020 2.551 2.105 2.977 2.843
March 2020 2.023 2.017 2.360 2.840
April 2020 1.373 1.967 2.520 2.883
May 2020 1.939 2.002 3.295 2.993
June 2020 2.085 2.119 3.261 3.106
July 2020 2.326 2.288 3.086 3.210
August 2020 2.560 2.477 3.357 3.355
September 2020 2.861 2.689 3.475 3.464
October 2020 2.810 2.869 3.688 3.533
November 2020 2.932 3.030 3.564 3.620
December 2020 3.062 3.185 3.448 3.702
January 2021 3.450 3.334 4.064 3.773
February 2021 3.473 3.437 3.500 3.832
March 2021 3.705 3.485 4.249 3.844
April 2021 3.591 3.462 4.083 3.801
May 2021 3.258 3.387 3.393 3.762
June 2021 3.350 3.306 3.578 3.711
July 2021 3.111 3.241 3.994 3.738
August 2021 3.158 3.233 3.238 3.782
September 2021 3.074 3.265 4.101 3.849
October 2021 3.450 3.351 3.960 3.943
November 2021 3.563 3.429 4.290 4.039
December 2021 3.556 3.494 4.208 4.061
January 2022 3.526 3.556 3.602 4.097
February 2022 3.551 3.599 4.176 4.132
March 2022 3.574 3.639 4.281 4.176
April 2022 3.574 3.666 4.438 4.268
May 2022 3.865 3.657 4.085 4.261
June 2022 3.772 3.597 4.380 4.293
July 2022 3.479 3.486 3.957 4.281
August 2022 3.383 3.323 5.057 4.196
September 2022 3.119 3.151 3.873 4.066
October 2022 2.718 2.994 3.399 3.974
November 2022 2.931 2.865 4.189 3.885
December 2022 2.843 2.775 3.863 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 4.068
April 2023 2.500 2.608 3.837 4.154
May 2023 2.581 2.615 4.550 4.226
June 2023 2.598 2.658 4.391 4.310
July 2023 2.756 2.724 4.338 4.300
August 2023 2.881 2.771 3.997 4.207
September 2023 2.793 2.802 4.276 4.139
October 2023 2.819 2.818 4.344 4.021
November 2023 2.845 2.808 4.034 3.887
December 2023 2.874 2.792 2.926 3.762
January 2024 2.578 2.754 3.953 3.697
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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