Building Permits · New Housing PipelineNORMAL

Are homebuilders planning new homes?

Permit filings are near historical norms.
And permit applications are slowing.
NORM ~1,400k
1403k

1403k annualized permits — 3k above the 1,400k baseline.

Higher than 53% of all readings since 1960.

FRED / Shiller · as of Oct 2026 · computed
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