ProximityOne New Authorized Residential Construction -- http://proximityone.com/housing.htm

New monthly authorized residential construction data are one of eleven leading economic indicators. The housing market is often one of the first economic sectors to expand or contract when economic conditions improve or decline. These data are early indicators of housing market change. This change typically leads to other types of economic change.

Stay ahead by watching, analyzing these data monthly. The table presented below provides a summary of new monthly authorized residential construction for this area for the period January 2020 through March 2021 based on data reported by the permit issuing place/county. With only a one month lag between the reference month and data access month these data also provide one of the most timely economic indicators.

These data and this document are available by subscription and in multiple formats: HTML, Excel or database. Data used to develop this document and scope of content update monthly. Register to receive updates. E-mail us or call 800.364.7656 with questions about these and related data/data analyses.

New Authorized Residential Construction	2020M01	2020M02	2020M03	2020M04	2020M05	2020M06	2020M07	2020M08	2020M09	2020M10	2020M11	2020M12
Total Units	2,529	2,353	4,317	2,245	2,948	3,358	3,532	3,059	3,506	3,102	2,166	3,428
Total Value (K$)	454,956	446,973	687,680	370,874	494,146	550,880	549,558	494,233	514,617	609,915	351,660	541,765
Single Family, Units	1,359	1,452	1,682	1,259	1,394	1,805	2,176	2,108	1,938	1,988	1,445	2,012
Single Family, Value (K$)	285,733	300,105	356,369	246,134	260,285	344,041	409,181	396,114	386,788	428,254	290,456	379,342
2 Unit Structures, Units	14	22	36	36	34	28	40	46	40	56	62	20
2-Unit Structures, Value (K$)	2,011	2,597	3,703	4,579	3,951	2,982	4,394	380	3,662	5,319	6,572	2,094
3-4 Unit Structures, Units	0	0	0	0	0	0	0	0	3	0	0	0
3-4 Unit Structures, Value (K$)	0	0	0	0	0	0	0	0	475	0	0	0
3-4 Unit Buildings	0	0	0	0	0	0	0	0	1	0	0	0
5+ Unit Structures, Units	1,156	879	2,599	950	1,520	1,525	1,316	905	1,525	1,058	659	1,396
5+ Unit Structures, Value (K$)	167,211	144,272	327,609	120,161	229,911	203,858	135,983	97,738	123,691	176,343	54,632	160,329
5+ Unit Buildings	22	15	58	22	16	61	22	19	25	23	16	26

New Authorized Residential Construction	2021M01	2021M02	2021M03	2021M04	2021M05	2021M06	2021M07	2021M08	2021M09	2021M10	2021M11	2021M12
Total Units	2,251	2,401	2,479
Total Value (K$)	438,313	385,436	473,668
Single Family, Units	1,645	1,531	2,127
Single Family, Value (K$)	375,654	310,409	446,768
2 Unit Structures, Units	64	18	52
2-Unit Structures, Value (K$)	7,697	1,899	6,143
3-4 Unit Structures, Units	0	0	0
3-4 Unit Structures, Value (K$)	0	0	0
3-4 Unit Buildings	0	0	0
5+ Unit Structures, Units	542	852	300
5+ Unit Structures, Value (K$)	54,963	73,128	20,757
5+ Unit Buildings	23	15	12

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