New Residential Construction (ACOMPLETIONS, TOTAL) · Housing units completed, all units, seasonally adjusted annual rate

How many new homes are completed in the United States?

The annual rate of housing units completed was 1,192 thousand in the month ended , down 14.0% from a year earlier.

Housing units completed in the United States, seasonally adjusted, each month

January 1968 to September 2026Seasonally adjusted, as published

Housing units completed in the United States, seasonally adjusted, each month (January 1968 to September 2026), recessions shaded
Housing units completed in the United States, seasonally adjusted, each month (September 2016 to September 2026), recessions shaded
Housing units completed in the United States, seasonally adjusted, each month (September 2024 to September 2026)

Shaded bands are US recessions as the National Bureau of Economic Research dates them: to , to , to , to , to , to , to , to .

Shaded bands are US recessions as the National Bureau of Economic Research dates them: to .

Housing units completed in the United States, change from a year earlier, each month (ours)

January 1968 to September 2026Ours, from the published values

Housing units completed in the United States, change from a year earlier, each month (ours) (January 1968 to September 2026), recessions shaded
Housing units completed in the United States, change from a year earlier, each month (ours) (September 2016 to September 2026), recessions shaded
Housing units completed in the United States, change from a year earlier, each month (ours) (September 2024 to September 2026)

Shaded bands are US recessions as the National Bureau of Economic Research dates them: to , to , to , to , to , to , to , to .

Shaded bands are US recessions as the National Bureau of Economic Research dates them: to .

Each point is one month of the series as the source publishes it, or a change worked out from those values (ours). The US recessions are shaded. Pointing at the chart shows the month and the value.

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Inspect and compare dates

The newest month beside the one before it and the nearest ones a year, five and ten years earlier. The last ten years are in the table under "The numbers behind the chart".

Housing units completed in the United States: the newest month beside earlier ones
MeasureLatestThe month beforeA year earlierFive years earlierTen years earlier
Month
Housing units completed in the United States1,192 thousand1,166 thousand1,386 thousand1,243 thousand1,035 thousand
Change over a year−14.0%−24.7%−18.2%−13.5%−0.5%

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Observed .

Right now

The annual rate of housing units completed was 1,192 thousand in September 2026, the highest since July 2026.

Over a year it is down 14.0% (ours).

See every month of the last ten years

ChangeOurs

The annual rate of housing units completed at the start of each period, and the change since then (ours)
PeriodThenChange
One month1,166 thousand in +2.2%
Three months1,345 thousand in −11.4%
Twelve months1,386 thousand in −14.0%
Five years1,243 thousand in −4.1%
Ten years1,035 thousand in +15.2%

In historyOurs

The annual rate of housing units completed of 1,192 thousand in was higher than in 170 of the 704 other months since , the same in 0 and lower in 534.

Highest since : 2,299 thousand in . Lowest since : 520 thousand in .

AverageOurs

Average since : 1,401.3 thousand (ours, a plain mean of the 705 months).

ComparedOurs

Over a year the annual rate of housing units completed is down 14.0%, which ranks 7 of the 9 rows of the table, where 1 is the largest change.

The table sets the annual rate of housing units completed beside the lines of the housing starts, permits and completions page, by the change over a year in each one's newest month.

See every row of the ranking

Understanding the annual rate of housing units completed

Where it stands today

The annual rate of housing units completed was 1,192 thousand in September 2026.

What does the annual rate of housing units completed measure?

Housing units completed counts new homes of every kind, in single-family houses and in buildings of two or more units, in the United States. The Census Bureau estimates it each month and publishes it as a seasonally adjusted annual rate.

Read more

What 500metrics adds: the change over one month, three months, a year and five years, the highest and lowest value since the series begins, and how the change over a year compares with the other lines of the housing starts, permits and completions page.

The numbers behind the chart

What was the annual rate of housing units completed in each month?The last ten years, 120 months, newest first; the chart and the file have every month since Jan 1968
Housing units completed in the United States, seasonally adjusted, by month, newest first (Thousands of housing units, seasonally adjusted annual rate; the change ours)
MonthValueChange over a year
1,192 thousand−14.0%
1,166 thousand−24.7%
1,283 thousand−11.9%
1,345 thousand−2.0%
1,328 thousand−13.2%
1,454 thousand−1.7%
1,373 thousand−13.3%
1,324 thousand−15.4%
1,439 thousand−12.7%
1,463 thousand−4.1%
1,443 thousand−9.9%
1,419 thousand−14.2%
1,386 thousand−18.2%
1,548 thousand−10.7%
1,456 thousand−12.0%
1,372 thousand−20.2%
1,530 thousand−1.2%
1,479 thousand−10.6%
1,584 thousand+6.0%
1,565 thousand−7.5%
1,648 thousand+9.5%
1,526 thousand−1.9%
1,602 thousand+10.3%
1,653 thousand+18.2%
Show 96 more rows
Housing units completed in the United States, seasonally adjusted, by month, newest first (Thousands of housing units, seasonally adjusted annual rate; the change ours) (continued)
MonthValueChange over a year
1,695 thousand+13.9%
1,733 thousand+27.4%
1,654 thousand+23.5%
1,719 thousand+16.4%
1,548 thousand+2.8%
1,655 thousand+19.1%
1,495 thousand−1.2%
1,692 thousand+10.8%
1,505 thousand+7.9%
1,555 thousand+11.9%
1,453 thousand−6.7%
1,398 thousand+0.8%
1,488 thousand+2.1%
1,360 thousand−0.4%
1,339 thousand−4.8%
1,477 thousand+7.3%
1,506 thousand+5.5%
1,390 thousand+4.7%
1,513 thousand+12.3%
1,527 thousand+14.3%
1,395 thousand+9.8%
1,390 thousand+4.2%
1,558 thousand+10.3%
1,387 thousand+7.4%
1,457 thousand+17.2%
1,365 thousand+2.7%
1,407 thousand+3.6%
1,377 thousand+6.4%
1,427 thousand+8.1%
1,327 thousand−5.1%
1,347 thousand−7.0%
1,336 thousand+3.3%
1,271 thousand−6.8%
1,334 thousand−2.9%
1,412 thousand+12.0%
1,292 thousand−7.4%
1,243 thousand−13.5%
1,329 thousand+5.2%
1,358 thousand+3.7%
1,294 thousand+5.3%
1,320 thousand+12.4%
1,398 thousand+18.4%
1,448 thousand+17.1%
1,293 thousand+4.5%
1,364 thousand+4.3%
1,374 thousand+5.0%
1,261 thousand−0.4%
1,395 thousand+8.2%
1,437 thousand+24.5%
1,263 thousand−3.8%
1,309 thousand+7.7%
1,229 thousand+4.3%
1,174 thousand−3.8%
1,181 thousand−9.7%
1,237 thousand−5.8%
1,237 thousand−5.1%
1,308 thousand+4.9%
1,308 thousand+24.2%
1,266 thousand+11.9%
1,289 thousand+14.9%
1,154 thousand−2.8%
1,313 thousand+4.0%
1,215 thousand+5.7%
1,178 thousand−2.8%
1,221 thousand−3.2%
1,308 thousand+6.9%
1,313 thousand+11.2%
1,304 thousand+1.2%
1,247 thousand+3.2%
1,053 thousand−12.3%
1,131 thousand−4.3%
1,122 thousand−6.2%
1,187 thousand+6.6%
1,262 thousand+14.0%
1,150 thousand−2.0%
1,212 thousand−1.9%
1,262 thousand+7.9%
1,224 thousand+14.5%
1,181 thousand+3.0%
1,288 thousand+12.2%
1,208 thousand+11.7%
1,200 thousand+9.0%
1,182 thousand−5.0%
1,196 thousand+11.8%
1,113 thousand+7.5%
1,107 thousand+5.0%
1,173 thousand+9.4%
1,236 thousand+11.5%
1,170 thousand+17.0%
1,069 thousand+13.1%
1,147 thousand+14.4%
1,148 thousand+10.7%
1,081 thousand+2.4%
1,101 thousand+7.6%
1,244 thousand+24.4%
1,070 thousand+8.6%
How does it compare with the lines of the housing starts, permits and completions page?Ranked by the change over a year
Housing units completed in the United States beside the lines of the housing starts, permits and completions page, newest month of each, by the change over a year (ours); equal changes share a rank
SeriesMonthValueChange over a yearRank
Single-family starts859 thousand+2.6%1
Permits for buildings of 5 units or more501 thousand+0.6%2
Building permits1,398 thousand−3.2%3
Single-family permits846 thousand−4.7%4
Housing starts1,221 thousand−7.4%5
Single-family completions840 thousand−11.0%6
Housing completions (this page)1,192 thousand−14.0%7
Completions in buildings of 5 units or more339 thousand−20.4%8
Starts in buildings of 5 units or more349 thousand−25.9%9

The table scrolls sideways; the first column stays in place.

What do these figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

  • The values come from the Census Bureau's Survey of Construction and Building Permits Survey, so each carries sampling error; the Census Bureau publishes its size and revises earlier months in later releases.
  • Permits are the housing units authorized by building permits in places that issue permits. A start is the digging for the foundation of a building; a completion is a building ready for use. Total counts include buildings of 2 to 4 units; the lines for buildings of 5 units or more and for single-family houses do not add up to it.
  • The values are annual rates: the number of units that would be authorized, started or completed in a year at the pace of the month, after the Census Bureau's seasonal adjustment.
  • The changes, the ranks and the highest and lowest values are ours, worked out from the values the Census Bureau publishes; a change is in percent.
  • This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Observed . Checked .

How to cite this

U.S. Census Bureau, Economic Indicators. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau., Housing units completed, all units, seasonally adjusted annual rate, through September 2026. Compiled by 500metrics, "How many new homes are completed in the United States?", https://500metrics.com/housing-starts/completions.

Can the data be downloaded?housing-starts-completions.csv

Download the full history as CSV: 705 rows, to , 12,529 bytes.

Our text and compilation: CC BY 4.0.

Recession dates from the National Bureau of Economic Research.

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