GITNUX MARKETDATA REPORT 2024

Us Housing Industry Statistics

The US housing industry statistics show trends in home sales, prices, and inventory levels, providing valuable insights into the overall health of the real estate market.

Statistic 1

"The median price for a new house in the United States in January 2021 was $346,400"

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Statistic 2

"In February 2021, the seasonally adjusted annual rate of housing starts in the United States was 1.42 million"

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Statistic 3

"The homeownership rate in the U.S. in the last quarter of 2020 was 65.8%"

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Statistic 4

"The rental vacancy rate in the U.S. in Q4 2020 was 6.5%"

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Statistic 5

"Housing's contribution to GDP in Q4 2020 was 17.5%."

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Statistic 6

"In February 2021, the seasonally adjusted annual rate of building permits issued in the United States was 1.68 million"

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Statistic 7

"The median U.S. existing home sales price in February 2021 was $313,000"

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Statistic 8

"In 2020, 883,000 new houses were sold in the U.S., up from 681,000 in 2019"

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Statistic 9

"There were 5.64 million existing homes sold in the United States in 2020"

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Statistic 10

"Number of employees in the U.S. residential building construction industry is forecasted to reach approximately 834,000 in 2021."

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Statistic 11

"In 2019, there were over 139,000 housing units completed in multifamily buildings in the United States."

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Statistic 12

"Around 63% of US households owned their own homes in 2020."

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Statistic 13

"As of Q4 2020, the total value of private residential construction in the United States was $667.9 billion."

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Statistic 14

"Homeownership in U.S. still remains below the 2004 peak of 69.2%."

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Statistic 15

"In Q4 2020, the rental vacancy rate is highest in the South at 8.6%."

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Statistic 16

"New single-family house sales in 2020 in the Midwest region of the U.S. reached approximately 88,000 units."

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Statistic 17

"The total revenue of the real estate industry in the United States in 2020 was about $1.57 trillion."

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Statistic 18

"The construction sector added 84,000 jobs in October 2020."

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Statistic 19

"In 2019, the average size of new homes in U.S. stood at 2,322 square feet."

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