FOR RELEASE AT 8:30 AM EST, FRIDAY, JANUARY 17, 2025

MONTHLY NEW RESIDENTIAL CONSTRUCTION, DECEMBER 2024

Release Number: CB25-07

Notice of methodology change: With the January New Residential Construction release on February 19, 2025, the Building Permits survey will make modifications to the methodology for imputation. The current process calculates imputation factors by region and the new process will calculate factors at a mix of division and large individual states. For additional details on this change, see our imputation section of our methodology page.

January 17, 2025 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for December 2024:

Building Permits

Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,483,000. This is 0.7 percent below the revised November rate of 1,493,000 and is 3.1 percent below the December 2023 rate of 1,530,000. Single-family authorizations in December were at a rate of 992,000; this is 1.6 percent above the revised November figure of 976,000. Authorizations of units in buildings with five units or more were at a rate of 437,000 in December.

An estimated 1,471,200 housing units were authorized by building permits in 2024. This is 2.6 percent below the 2023 figure of 1,511,100.

Housing Starts

Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,499,000. This is 15.8 percent (±14.4 percent) above the revised November estimate of 1,294,000, but is 4.4 percent (±11.3 percent)* below the December 2023 rate of 1,568,000. Single-family housing starts in December were at a rate of 1,050,000; this is 3.3 percent (±10.9 percent)* above the revised November figure of 1,016,000. The December rate for units in buildings with five units or more was 418,000.

An estimated 1,364,100 housing units were started in 2024. This is 3.9 percent (±2.6 percent) below the 2023 figure of 1,420,000.

Economic Indicators Division, Residential Construction Branch Public Information Office 301-763-5160 301-763-3030 [email protected] [email protected]

Data Inquiries Media Inquiries

Housing Completions

Privately-owned housing completions in December were at a seasonally adjusted annual rate of 1,544,000. This is 4.8 percent (±13.7 percent)* below the revised November estimate of 1,621,000 and is 0.8 percent (±13.0 percent)* below the December 2023 rate of 1,557,000. Single-family housing completions in December were at a rate of 948,000; this is 7.4 percent (±11.8 percent)* below the revised November rate of 1,024,000. The December rate for units in buildings with five units or more was 570,000.

An estimated 1,627,900 housing units were completed in 2024. This is 12.4 percent (±3.5 percent) above the 2023 figure of 1,448,800.

The January report is scheduled for release on February 19, 2025. View the full schedule in the Economic Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables for this release can be found at <www.census.gov/construction/nrc/>.

EXPLANATORY NOTES

In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take three months to establish an underlying trend for building permit authorizations, six months for total starts, and six months for total completions. The statistics in Table 1 in this release are based on a non-probability sample and not subject to sampling error. They are, however, still subject to nonsampling error. The total quantity response rate for these estimates is 77.7%. The statistics in Tables 2-5 in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated relative standard errors of the most recent data are shown in the tables. Whenever a statement such as “2.5 percent (±3.2 percent) above” appears in the text, this indicates the range (-0.7 to +5.7 percent) in which the actual percentage change is likely to have occurred. All ranges given for percentage changes are 90 percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percentage changes shown in the tables. On average, the preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised 2.2 percent or less. Explanations of confidence intervals and sampling variability can be found on our website. <www.census.gov/construction/nrc/methodology.html>

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Disclosure Review Board (DRB) approval number: CBDRB-FY24-0281).

API

The Census Bureau’s application programming interface lets developers create custom apps to reach new users and makes key demographic, socio-economic and housing statistics more accessible than ever before. <www.census.gov/developers/>

FRED Mobile App

Receive the latest updates on the nation’s key economic indicators by downloading the FRED App https://fred.stlouisfed.org/fred-mobile/ for both Apple and Android devices. FRED, the signature database of the Federal Reserve Bank of St. Louis, now incorporates the Census Bureau’s 13 economic indicators.

*** The 90 percent confidence interval includes zero. In such cases, there is insufficient statistical evidence to conclude that the actual change is different from zero.**

Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch Public Information Office 301-763-5160 301-763-3030 [email protected] [email protected]

New Privately-Owned Housing Units Authorized in Permit-Issuing Places

(Thousands of Units. Detail may not add to total because of rounding.)

Table 1a - Seasonally adjusted annual rate
——————————————– – – –
United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 1,530 1,017 51 462 129 52 203 126 864 610 334 229
2024
January 1,508 1,031 51 426 147 59 213 123 800 608 348 241
February 1,563 1,027 57 479 214 60 237 141 794 603 318 223
March 1,485 984 52 449 146 56 204 133 794 577 341 218
April 1,440 977 56 407 152 61 166 119 828 589 294 208
May 1,399 956 57 386 120 58 180 114 779 577 320 207
June 1,454 939 49 466 117 61 207 121 810 555 320 202
July 1,406 941 49 416 141 59 184 117 773 565 308 200
August 1,470 967 57 446 145 65 206 122 815 575 304 205
September 1,425 963 57 405 127 60 201 129 766 555 331 219
October 1,419 971 54 394 142 65 196 128 755 563 326 215
November (r) 1,493 976 53 464 140 59 218 128 800 576 335 213
December (p) 1,483 992 54 437 147 62 215 125 808 593 313 212
Percent Change1
Dec. 2024 from Nov. 2024 -0.7% 1.6% 1.9% -5.8% 5.0% 5.1% -1.4% -2.3% 1.0% 3.0% -6.6% -0.5%
Dec. 2024 from Dec. 2023 -3.1% -2.5% 5.9% -5.4% 14.0% 19.2% 5.9% -0.8% -6.5% -2.8% -6.3% -7.4%

Table 1b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023 Annual 1,511.1 920.0 54.7 536. 140.8 4 55.5 195.1 114.0 829.9 556.5 345.3 194.0
2024 Annual (p) 1,471.2 980.9 54.6 435.6 142.9 60.3 201.9 124.6 804.0 582.9 322. 213.0 4
Year to year percent change¹ -2.6% 6.6% -0.2% -18.8% 1.5% 8.7% 3.5% 9.3% -3.1% 4.7% -6.6% 9.8%
2023
December 110.3 66.3 3.6 40.4 11.7 3.6 12.3 7.0 60.4 40.3 25.9 15.3
2024
January 114.8 75.9 3.7 35.1 10.7 4.4 12.3 6.6 66.7 48.0 25.1 17.0
February 119.1 79.4 4.1 35.6 14.3 4.2 14.3 8.8 64.9 49.5 25.6 16.9
March 124.3 85.2 4.3 34.8 12.4 4.4 15.9 10.6 67.2 51.2 28.8 18.9
April 132.3 93.6 5.0 33.7 12.1 5.6 16.2 12.2 77.5 56.0 26.5 19.8
May 132. 94.1 4 5.2 33.1 10.9 5.8 18.3 11.8 73.2 55.8 30.0 20.6
June 125.7 83.7 4.1 37.8 11.8 5.7 18.1 11.2 67.2 48.3 28.6 18.5
July 126.5 85.8 4.6 36.1 12.3 5.4 17.3 11.3 69.9 50.7 27.1 18.5
August 131.9 86.1 5.3 40.5 12.6 6.0 19.8 11.6 72.6 50.1 26.9 18.3
September 113.5 76.7 4.7 32.1 10.1 5.1 18.3 11.6 59.1 43.0 25.9 17.0
October 125.1 84.4 4.9 35.8 11.1 5.8 20.5 12.6 65.6 47.9 27.8 18.1
November (r) 107.3 66.6 3.9 36.8 11.0 4.3 16.6 8.9 54.7 38.9 25.0 14.5
December (p) 112.9 68.0 4.1 40.8 13.9 4.4 14.0 7.4 60.0 41.2 25.1 15.0

p Preliminary

r Revised

S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards

X Not applicable

1 Computed using unrounded data

Note: Year-to-date permits estimates reflect revisions not distrubuted to months.

New Privately-Owned Housing Units Authorized, but Not Started, at End of Period

(Thousands of Units. Detail may not add to total because of rounding.)

Table 2a - Seasonally adjusted
United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 265 140 S 120 29 14 19 12 152 83 65 31
2024
January 267 142 S 120 30 13 21 12 151 86 65 31
February 266 140 S 122 33 12 21 13 148 83 64 32
March 275 139 S 131 38 14 20 12 151 81 66 32
April 274 139 S 129 41 15 21 12 147 81 65 31
May 271 138 S 127 38 15 22 11 149 83 62 29
June 276 136 S 133 39 15 25 12 147 80 65 29
July 286 144 S 134 39 15 26 12 154 87 67 30
August 284 145 S 133 39 14 24 12 156 88 65 31
September 286 143 S 137 35 12 27 13 156 86 68 32
October (r) 277 142 S 129 33 12 25 12 154 87 65 31
November (r) 289 144 S 139 31 12 26 13 163 86 69 33
December (p) 280 141 S 133 30 12 26 12 155 84 69 33
. Average RSE (%) 1 6 7 X 10 25 25 11 11 9 7 1 11 0
Percent Change2
Dec. 2024 from Nov. 2024 -3.1% -2.1% S -4.3% -3.2% 0.0% 0.0% -7.7% -4.9% -2.3% 0.0% 0.0%
. 90 percent confidence interval 3 ± 2.9 ± 4.0 X ± 6.5 ± 13.2 ± 11.6 ± 9.7 ± 6.7 ± 4.1 ± 5.3 ± 3.9 ± 7.3
Dec. 2024 from Dec. 2023 5.7% 0.7% S 10.8% 3.4% -14.3% 36.8% 0.0% 2.0% 1.2% 6.2% 6.5%
. 90 percent confidence interval 3 ± 8.2 ± 10.5 X ± 13.5 ± 28.8 ± 29.2 ± 35.1 ± 24.0 ± 11.9 ± 16.3 ± 12.2 ± 16.6

Table 2b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 261.2 132. 4.7 4 124.1 29.7 13.0 17.1 9.5 150.2 80.7 64.2 29.1
2024
January 268. 138.3 4 4.7 125.5 30.6 12.6 21.0 10.6 153.2 84.7 63.5 30.3
February 270.8 139. 4.0 4 127. 34.8 4 12.1 21.7 12.9 149.5 82.6 64.8 31.8
March 278.5 140.9 5.2 132. 39.3 4 14.0 21.8 13.6 149. 80.3 4 68.0 33.0
April 279.9 142.2 5.7 132.0 40.7 15.7 25.1 13.3 147.7 81.1 66.5 32.2
May 279. 145.7 4 6.5 127.2 39.2 15.3 24.5 13.1 150.6 85.8 65.1 31.5
June 276.0 138.7 6.5 130.8 40.9 15.5 24.9 13.1 144.9 79.4 65.2 30.7
July 282.7 144.7 7.5 130. 38.9 4 15.3 25.1 12.0 152.9 87.7 65.7 29.7
August 283.5 146.1 6.0 131. 37.0 4 14.0 24.1 12.0 157.7 89.3 64.7 30.9
September 279.0 139. 6.1 4 133.5 32.3 11.6 26.2 12.7 154.9 84.8 65.6 30.2
October (r) 279.1 143.8 6.3 128.9 30.2 11.3 23.7 12.1 159.8 89.9 65.4 30.5
November (r) 278.3 137.5 6.3 134.5 29.2 11.4 23.6 10.8 159.0 85.2 66.5 30.2
December (p) 279.6 136.1 5.6 137.9 31.0 11. 22.5 4 10.1 155.6 82.8 70.6 31.9
. Average RSE (%) 1 6 23 7 1 25 0 25 11 11 9 7 1 11 0

p Preliminary

r Revised

S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards

X Not applicable

1 Average relative standard error for the latest 6-month period

2 Computed using unrounded data

3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

as of that date without regard to the months of original permit issuance. Cancelled, abandoned, expired, and revoked permits are excluded. Note: These data represent the number of housing units authorized in all months up to and including the last day of the reporting period and not started

New Privately-Owned Housing Units Started

(Thousands of Units. Detail may not add to total because of rounding.)

Table 3a - Seasonally adjusted annual rate
——————————————– – – – –
United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 1,568 1,078 S 471 128 59 202 126 852 628 386 265
2024
January 1,376 1,011 S 347 133 69 139 112 754 579 350 251
February 1,546 1,134 S 396 119 82 239 152 863 669 325 231
March 1,299 1,041 S 251 96 67 154 135 732 615 317 224
April 1,377 1,037 S 334 103 63 182 142 806 617 286 215
May 1,315 992 S 305 100 70 149 108 737 576 329 238
June 1,329 983 S 329 120 71 171 112 746 598 292 202
July 1,262 861 S 376 173 57 180 128 638 465 271 211
August 1,379 1,006 S 339 120 85 206 137 763 564 290 220
September 1,355 1,045 S 295 165 94 177 131 727 594 286 226
October (r) 1,344 943 S 386 109 64 252 142 658 514 325 223
November (r) 1,294 1,016 S 263 112 56 170 133 725 617 287 210
December (p) 1,499 1,050 S 418 157 64 204 144 853 617 285 225
. Average RSE (%) 1 6 6 X 2 18 19 0 12 1 9 0 8 11 11
Percent Change2
Dec. 2024 from Nov. 2024 15.8% 3.3% S 58.9% 40.2% 14.3% 20.0% 8.3% 17.7% 0.0% -0.7% 7.1%
. 90 percent confidence interval 3 ± 14.4 ± 10.9 X ± 59.5 ± 45.8 ± 56.5 ± 44.0 ± 22.5 ± 19.6 ± 14.9 ± 16.5 ± 21.4
Dec. 2024 from Dec. 2023 -4.4% -2.6% S -11.3% 22.7% 8.5% 1.0% 14.3% 0.1% -1.8% -26.2% -15.1%
. 90 percent confidence interval 3 ± 11.3 ± 13.4 X ± 36.7 ± 54.3 ± 53.0 ± 30.5 ± 18.4 ± 17.6 ± 19.9 ± 17.9 ± 20.6

Table 3b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023 Annual 1,420. 947.7 0 13.4 458.8 114.8 60.8 184.9 118.0 792.1 564.2 328.2 204.7
2024 Annual (p) 1,364.1 1,009. 18.2 4 336.6 125.3 70.2 184.7 130.5 751.2 586.5 302.9 222.2
. RSE (%) 1 2 2 8 7 8 7 3 3 3 2 3 3
Year to year percent change² -3.9% 6.5% 35.6% -26.6% 9.1% 15.5% -0.1% 10.6% -5.2% 3.9% -7.7% 8.5%
. 90 percent confidence interval 3 ± 2.6 ± 2.9 ± 32.3 ± 6.5 ± 18.4 ± 18.7 ± 7.0 ± 6.9 ± 4.3 ± 4.3 ± 5.2 ± 6.0
2023
December 108.9 72.8 1.4 34.7 9.1 4.0 12.9 7.3 60.4 44.0 26.5 17.6
2024
January 97.9 70.3 1.4 26.1 9.4 4.6 7.2 5.2 57.0 43.8 24.3 16.8
February 113.7 82.2 1.2 30.3 7.5 4.7 14.0 7.3 68.2 53.3 24.0 16.8
March 109.8 88.8 0.6 20.5 7.6 5.2 11.4 9.9 64.1 54.5 26.7 19.2
April 125.7 96.1 0.6 29.0 9.2 5.7 16.6 13.2 72.7 56.3 27.1 20.9
May 120.9 91.6 1.7 27.7 9.1 6.4 15.3 11.6 66.6 51.9 29.9 21.7
June 123.6 93.3 1.5 28.8 10.8 6.5 17.0 11.9 68.8 55.8 27.0 19.1
July 115.3 80.9 2.2 32.2 16.0 6.0 17.8 13.3 56.5 41.7 25.0 19.9
August 121.8 89.5 3.0 29.4 10.8 7.7 19.2 13.1 66.1 48.8 25.8 19.7
September 116.1 89.4 1.3 25.5 14.7 8.5 16.3 12.3 61.1 49.6 24.1 19.0
October (r) 115.1 79.6 1.3 34.2 9.6 5.6 24.0 14.3 54.2 41.4 27.3 18.3
November (r) 98.2 76.0 1.2 21.0 9.1 4.7 13.0 10.0 54.0 45.4 22.0 15.9
December (p) 106. 71.8 0 2.4 31.8 11.5 4.4 13.0 8.4 61.9 43.9 19.6 15.0
. Average RSE (%) 1 6 4 6 1 7 2 8 19 0 12 1 9 0 8 11 11

p Preliminary

r Revised

S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards

X Not applicable

1 Average relative standard error for the latest 6-month period

2 Computed using unrounded data

3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

New Privately-Owned Housing Units Under Construction at End of Period

(Thousands of Units. Detail may not add to total because of rounding.)

Table 4a - Seasonally adjusted
United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 1,679 677 S 985 205 64 214 91 779 348 481 174
2024
January 1,670 684 S 969 207 65 209 91 777 351 477 177
February 1,657 686 S 954 205 66 206 91 774 353 472 176
March 1,641 692 S 933 208 67 201 91 774 359 458 175
April 1,611 681 S 915 207 65 196 92 757 351 451 173
May 1,592 676 S 901 209 66 191 89 745 347 447 174
June 1,570 661 S 894 211 65 176 84 743 341 440 171
July 1,547 643 S 888 222 64 178 84 720 328 427 167
August 1,523 642 S 864 234 66 180 86 689 325 420 165
September 1,490 644 S 828 230 68 178 86 676 326 406 164
October (r) 1,463 640 S 806 225 67 180 86 664 325 394 162
November (r) 1,437 636 S 784 222 66 177 85 652 327 386 158
December (p) 1,431 641 S 773 219 64 176 83 661 335 375 159
. Average RSE (%) 1 3 4 X 6 11 6 4 5 6 4 9 7
Percent Change2
Dec. 2024 from Nov. 2024 -0.4% 0.8% S -1.4% -1.4% -3.0% -0.6% -2.4% 1.4% 2.4% -2.8% 0.6%
. 90 percent confidence interval 3 ± 0.9 ± 1.4 X ± 1.6 ± 1.6 ± 3.2 ± 2.2 ± 1.8 ± 1.4 ± 2.4 ± 1.6 ± 1.6
Dec. 2024 from Dec. 2023 -14.8% -5.3% S -21.5% 6.8% 0.0% -17.8% -8.8% -15.1% -3.7% -22.0% -8.6%
. 90 percent confidence interval 3 ± 2.9 ± 3.9 X ± 3.8 ± 6.9 ± 9.7 ± 6.7 ± 7.9 ± 5.2 ± 7.3 ± 4.8 ± 7.0

Table 4b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 1,653.9 658.1 17.3 978.5 203.6 63.5 213.5 90.9 763.0 334.6 473.8 169.1
2024
January 1,647. 664.6 4 17.2 965.6 205.6 64.5 206.0 88.1 765.6 340.7 470.3 171.3
February 1,635. 664.2 4 17.4 953.8 203.6 64.2 200.1 84.9 764.9 344.1 466.8 171.0
March 1,624.6 673. 15.9 4 935.3 207.1 65.7 195.2 85.3 767.3 351.0 455.1 171. 4
April 1,609.1 673.0 15.0 921.1 207.1 64.5 192. 87.3 4 757.8 349.0 451.7 172.2
May 1,598.6 676.6 15.3 906.8 209.7 65.4 190.7 87.9 749.3 348.5 448.9 174.7
June 1,586.0 671.3 15.0 899.7 211.1 64.5 178. 85.2 4 752.3 348.0 444.2 173.5
July 1,565. 658.6 4 16.4 890. 223.2 4 64.4 181.1 87.0 729.3 335.8 431.7 171.3
August 1,537.0 657.0 17.2 862.8 234.0 66.4 183.0 88.8 696.5 332.9 423.5 168.9
September 1,504.9 661.2 17.6 826.1 231.1 69.7 181.2 89.2 683. 334.3 4 409.2 168.0
October (r) 1,473. 651.5 0 17.5 804.0 225.6 67.8 185.0 91.1 668.2 329.6 394.2 163.0
November (r) 1,440.1 639.7 17.3 783.1 222.6 67.2 181.0 88.7 650.3 325.6 386.2 158.2
December (p) 1,404.7 622.1 17.3 765. 217. 4 63.5 0 175.3 83.0 644.8 321.7 367.6 154. 0
. Average RSE (%) 1 3 4 19 6 11 6 4 5 6 4 9 7

p Preliminary

r Revised

S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards

X Not applicable

1 Average relative standard error for the latest 6-month period

2 Computed using unrounded data

3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals

New Privately-Owned Housing Units Completed

(Thousands of Units. Detail may not add to total because of rounding.)

Table 5a - Seasonally adjusted annual rate
United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023
December 1,557 1,024 S 521 143 74 204 125 884 617 326 208
2024
January 1,504 902 S 583 91 46 239 111 800 549 374 196
February 1,698 1,077 S 608 124 68 260 152 957 637 357 220
March 1,491 939 S 526 88 44 186 126 830 553 387 216
April 1,659 1,131 S 513 152 99 220 136 937 654 350 242
May 1,557 1,032 S 512 100 67 207 129 875 618 375 218
June 1,725 1,072 S 633 154 63 324 158 900 639 347 212
July 1,640 1,098 S 536 107 62 219 131 910 651 404 254
August 1,763 1,030 S 715 129 62 199 131 1,078 601 357 236
September 1,673 1,009 S 652 176 63 205 131 858 576 434 239
October (r) 1,637 990 S 632 172 75 223 131 797 555 445 229
November (r) 1,621 1,024 S 580 187 56 178 135 893 589 363 244
December (p) 1,544 948 S 570 159 90 208 160 738 486 439 212
. Average RSE (%) 1 7 6 X 1 16 2 7 11 0 11 1 8 0 11 9
Percent Change2
Dec. 2024 from Nov. 2024 -4.8% -7.4% S -1.7% -15.0% 60.7% 16.9% 18.5% -17.4% -17.5% 20.9% -13.1%
. 90 percent confidence interval 3 ± 13.7 ± 11.8 X ± 35.3 ± 47.1 ± 46.8 ± 25.1 ± 24.6 ± 18.9 ± 17.7 ± 23.5 ± 16.1
Dec. 2024 from Dec. 2023 -0.8% -7.4% S 9.4% 11.2% 21.6% 2.0% 28.0% -16.5% -21.2% 34.7% 1.9%
. 90 percent confidence interval 3 ± 13.0 ± 11.0 X ± 32.4 ± 32.4 ± 31.9 ± 22.8 ± 33.5 ± 17.4 ± 13.0 ± 26.3 ± 20.4

Table 5b - Not seasonally adjusted

United States Northeast Midwest South West
Period 2 to 4 5 units
Total 1 unit units or more Total 1 unit Total 1 unit Total 1 unit Total 1 unit
2023 Annual 1,448.8 998.9 11.7 438.3 116.2 61.3 192.0 126.2 809.6 597.7 331.0 213.6
2024 Annual (p) 1,627.9 1,020.6 16.6 590.6 137.1 66.9 223.1 136.8 880.2 589.8 387.5 227.1
. RSE (%) 2 3 2 7 5 6 9 4 4 3 2 4 3
Year to year percent change² 12.4% 2.2% 42.5% 34.7% 18.0% 9.1% 16.2% 8.3% 8.7% -1.3% 17.1% 6.3%
. 90 percent confidence interval 3 ± 3.5 ± 3.1 ± 40.8 ± 12.0 ± 14.2 ± 10.1 ± 9.8 ± 8.2 ± 4.7 ± 4.5 ± 8.3 ± 5.1
2023
December 146.8 100.6 1.0 45.1 13.5 7.5 18.7 11.8 84.7 61.5 30.0 19.8
2024
January 103. 61.8 4 1.3 40.3 6.3 3.2 16.3 7.4 55.3 37.9 25.5 13.2
February 124. 81.6 4 0.9 41.9 8.4 4.6 18.0 10.6 72.8 50.7 25.2 15.7
March 122.5 78.9 2.1 41.5 6.6 3.1 14.2 9.4 71.2 49.3 30.5 16.9
April 132.1 91.0 1.2 39.9 11.0 6.9 17.2 10.6 76.0 54.0 28.0 19.5
May 134.3 86.2 1.2 46.9 8.8 5.7 17.7 10.6 75.1 51.5 32.8 18.4
June 152.3 93.1 1.8 57.4 14.2 6.0 29.1 14.0 77.8 54.1 31.2 19.0
July 144. 91.3 4 0.6 52.5 10.1 5.7 19.6 10.9 78.9 53.5 35.9 21.2
August 158.1 89.3 1.7 67.1 11.8 5.6 17.8 11.4 95.6 50.8 32.9 21.5
September 139.5 84.6 1.0 53.9 14.1 4.8 18.3 12.1 70.6 47.2 36.6 20.5
October (r) 142. 85.8 4 1.3 55.2 16.1 7.6 20.2 12.2 66.3 45.2 39.7 20.8
November (r) 130.7 85.9 1.3 43.5 14.8 5.0 15.3 12.1 71.2 48.3 29.4 20.5
December (p) 143.7 90.9 2.3 50.5 14.8 8.7 19.5 15.3 69.5 47.2 39.9 19.8
. Average RSE (%) 1 7 44 6 1 1 6 2 7 11 0 11 1 8 0 11 9

p Preliminary

r Revised

S Does not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards

X Not applicable

1 Average relative standard error for the latest 6-month period

2 Computed using unrounded data

3 See the Explanatory Notes in the accompanying text for an explantion of 90 percent confidence intervals