New Privately-Owned Housing Units Started: Single-Family Units in the Northeast Census Region
HOUSTNE1F • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.00
Year-over-Year Change
-5.71%
Date Range
1/1/1984 - 6/1/2025
Summary
This economic trend measures the number of new single-family housing units started in the Northeast Census Region of the United States. It serves as an important indicator of residential construction activity and broader economic conditions.
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
The 'New Privately-Owned Housing Units Started: Single-Family Units in the Northeast Census Region' metric tracks the commencement of new single-family home construction projects in the northeastern states. This data point is closely monitored by economists, policymakers, and real estate analysts to gauge the health of the regional housing market and broader economic trends.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau.
Historical Context
This housing starts metric is a leading economic indicator used to inform monetary and fiscal policy decisions.
Key Facts
- New housing starts in the Northeast hit a recent peak in 2021.
- Single-family homes make up the majority of new housing units in the region.
- The Northeast has seen slower growth in housing starts compared to other U.S. regions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new single-family homes that began construction in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: Housing starts are a leading indicator of economic activity, providing insights into regional construction, real estate, and broader market conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This housing starts metric is closely monitored by policymakers and economists to inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published with a brief delay, typically 1-2 months after the end of the reported period.
Related Trends
Expenditures: Other Vehicle Expenses by Region: Residence in the Northeast Census Region
CXUVEHOTHXPLB1102M
Business Applications for Northeast Census Region
BUSAPPWNSANER
New Houses Sold by Sales Price Between $400,000 and $499,999 in the Northeast Census Region
NHSNESP40T49A
Expenditures: Small Appliances, Miscellaneous Housewares by Region: Residence in the Northeast Census Region
CXUSMAPPHWRLB1102M
New Privately Owned Housing Completions Median Square Feet of Floor Area for Two or More Units in the Northeast Census Region
COMPSFLAM2UMNEQ
Consumer Unit Characteristics: Number of Earners by Region: Residence in the Northeast Census Region
CXU980030LB1102M
Citation
U.S. Federal Reserve, New Privately-Owned Housing Units Started: Single-Family Units in the Northeast Census Region (HOUSTNE1F), retrieved from FRED.