Check Building Permits Data In Your Market
The US Census Bureau publishes a robust dataset summarizing the number and valuation of new privately-owned housing units authorized by building permits. Authorization by permit is the first stage of the construction pipeline, and while not every permit will convert into a finished unit, permitting trends provide a forward-looking view of what construction levels should look like in 2-3 years. For more information about the data, please see the Census Bureau's Building Permit Survey (BPS) Program.
Use the interactive chart below to browse the data, nationally or in specific metropolitan areas. Here a "multifamily" unit is defined as a housing unit in a building containing 2 or more units. Approximately 90 percent of these units are in building containing 5 or more units.
If you have questions, feel free to send us a message at research@apartmentlist.com.
Share this Article
