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Building Permits

New privately-owned building permits, leading indicator of future housing starts.

ByConvex Research Desk·Edited byBen Bleierⓘ·

The Building Permits is currently 1,363, last updated .

1,363
1W -11.38%1M -11.38%3M -11.38%
Updated 4h ago
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Statistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Building Permits, blended across current macro regimes.
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Download dataCSV (full history)·JSON (latest)·View on FRED ↗
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Housing is the most interest-rate-sensitive sector of the economy and often the first to roll over heading into a downturn. Mortgage rates feed directly into affordability and demand, while building permits signal future supply. Home price indexes like Case-Shiller capture the wealth effect that drives consumer confidence and spending.

Updated 4h ago

AI Analysis

May 14, 2026

Growth is decelerating on multiple fronts: GDPNow at 1.3%, housing permits -11.4% 3M, claims momentum rising, real wages -0.6%.

Recent Data

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DateValueChange
Mar 1, 20261,363-11.38%
Feb 1, 20261,538+10.97%
Jan 1, 20261,386-4.74%
Dec 1, 20251,455+4.83%
Nov 1, 20251,388-1.63%
Oct 1, 20251,411-0.28%
Sep 1, 20251,415+6.39%
Aug 1, 20251,330-2.35%
Jul 1, 20251,362-2.23%
Jun 1, 20251,393-0.07%
May 1, 20251,394-1.97%
Apr 1, 20251,422-3.98%
Mar 1, 20251,481+1.86%
Feb 1, 20251,454-0.41%
Jan 1, 20251,460-1.35%
Dec 1, 20241,480-1.86%
Nov 1, 20241,508+5.60%
Oct 1, 20241,428-0.42%
Sep 1, 20241,434-2.85%
Aug 1, 20241,476+2.79%
Jul 1, 20241,436-1.71%
Jun 1, 20241,461+3.84%
May 1, 20241,407-3.56%
Apr 1, 20241,459—

Related in Housing

Housing Starts
New privately-owned housing units started, leading indicator of construction activity.
New Home Sales
Sales of new single-family houses, sensitive to mortgage rates and consumer confidence.
Case-Shiller Home Price Index
S&P CoreLogic Case-Shiller national home price index.
Months Supply of Houses
Months of unsold housing inventory, below 4 = seller's market, above 6 = buyer's market.

Explore Further

Forecast 2026
Building Permits Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
Housing Starts vs Building Permits
Housing Starts (FRED series HOUST) measures privately-owned housing units started, reported monthly by Census Bureau. Bu...
Comparison
Building Permits vs S&P 500
US building permits (FRED PERMIT) printed 1.372 million annualized in March 2026, down 10.8 percent month over month, wi...
Category
All Housing Data
Housing starts, building permits, home prices, and mortgage rates. Track the housing sector that makes up a fifth of U.S...

Frequently Asked Questions

▶What is Building Permits?
New privately-owned building permits, leading indicator of future housing starts.
▶How does Building Permits relate to housing?
Building Permits is part of the Housing category. Housing is the most interest-rate-sensitive sector of the economy and often the first to roll over heading into a downturn. Mortgage rates feed directly into affordability and demand, while building permits signal future supply. Home price indexes like Case-Shiller capture the wealth effect that drives consumer confidence and spending.
▶How often is Building Permits updated?
Building Permits is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Building Permits data?
Convex sources Building Permits data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Building Permits chart page?
The Building Permits page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.