About this Data 
   
The "New Residential Construction" report consists of data on the five phases of a residential construction project. 
This is housing units authorized to be built by a building or zoning permit; 
Housing units authorized to be built, but not yet started;  
Housing units started;  
Housing units under construction;  
And the final phase....housing units completed.  
 
Housing Starts data estimates the number of residential housing units where construction began in the reporting month. 
The start of construction is when excavation begins for the footings or 
foundation of a building. All housing units in a multifamily building 
are defined as being started when excavation for the building has begun.
 
Housing starts are estimated for all areas of 
the United States, regardless of whether permits are required.  Adding rooms or renovating old ones does not count, the builder must be constructing a new home.
 Although the report offers up single family housing, 2-4 unit housing, and 5-unit and above housing data, single family housing is by far the most important as it accounts for 70-80% of total home building.
Type of Structure, including Attached and Detached Housing Units 
 
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