INDICATOR HISTORY
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Retrieving historical observations and preparing the chart.
Retrieving historical observations and preparing the chart.
New privately owned residential construction projects that have begun.
Sep 2026: -7.43 % YoY
Move across or tap the chart, drag the slider, use arrow keys, or step through recorded observations with Previous and Next.
The current 5-year z-score is -0.47, with a 10-year displayed-metric range of -26.42% to 59.08%.
Source: FRED, series HOUST. Values are displayed in % YoY.
Historical coverage begins January 1959. Daily and weekly observations are averaged within each calendar month for this page chart.
Open source series ↗Start with Housing Starts as X and Building Permits as Y, using level values. Change either indicator, transformation, or date range in Research Lab, then run your analysis.