New Privately Owned Housing Completions by Design Type, Attached One-Family Units in the Northeast Census Region
COMPDTA1FNEQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-25.00%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'New Privately Owned Housing Completions by Design Type, Attached One-Family Units in the Northeast Census Region' measures the number of new one-family attached housing units completed in the Northeastern United States. This metric is a key indicator of residential construction activity and housing supply.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the completion of new attached single-family homes, such as townhouses and duplexes, in the Northeast region. It provides insight into the availability of affordable multifamily housing options and can inform economic and urban planning decisions.
Methodology
The data is collected through surveys of residential construction firms by the U.S. Census Bureau.
Historical Context
Policymakers and real estate analysts use this metric to assess the health of the Northeast housing market and inform decisions around zoning, infrastructure, and economic development.
Key Facts
- Attached one-family units account for approximately 30% of new housing completions in the Northeast.
- Completions of attached one-family units in the Northeast reached a 20-year high in 2021.
- The Northeast region has historically had the highest share of attached one-family housing compared to other U.S. regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new attached single-family housing units, such as townhouses and duplexes, that have been completed in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the supply of affordable multifamily housing options in the Northeast, which is relevant for policymakers, real estate investors, and urban planners.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential construction firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the Northeast housing market and inform decisions around zoning, infrastructure, and economic development.
Q: Are there update delays or limitations?
A: There can be a several-month delay in the release of this data, and the series may not capture all attached one-family unit completions in the region.
Related Trends
Other Financial Information: Mortgage Principal Paid on Owned Property by Region: Residence in the Northeast Census Region
CXUMRTPRINPLB1102M
Expenditures: Education by Region: Residence in the Northeast Census Region
CXUEDUCATNLB1102M
Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Roofing Contractors for Northeast Census Region
PCU2364002364002231
Consumer Unit Characteristics: At Least One Vehicle Owned or Leased by Region: Residence in the Northeast Census Region
CXU980350LB1102M
Expenditures: Vehicle Maintenance and Repairs by Region: Residence in the Northeast Census Region
CXUCAREPAIRLB1102M
Expenditures: Meats, Poultry, Fish, and Eggs by Region: Residence in the Northeast Census Region
CXUANIMALLB1102M
Citation
U.S. Federal Reserve, New Privately Owned Housing Completions by Design Type, Attached One-Family Units in the Northeast Census Region (COMPDTA1FNEQ), retrieved from FRED.