Residential construction activity declined in 2023, according to new census data
Archinect
JANUARY 19, 2024
Building permits and construction starts for residential projects in the United States declined by approximately 10% in 2023 versus 2022, according to new data by the U.S. An estimated 1,469,800 housing units were authorized by building permits in 2023, which is 11.7% Specifically, single-family home permit grants were 1.7%
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