U.S. Construction Industry Facts & Market Trends

The U.S. construction market is a foundational pillar of the broader economy. But exactly how large is the construction industry and how fast is it…
Posts and research reports covering residential construction in the U.S.

The U.S. construction market is a foundational pillar of the broader economy. But exactly how large is the construction industry and how fast is it…

Multi-family housing plays a crucial role in bolstering housing availability in states with substantial urban populations. Looking at new units authorized by building permits in 2024, researchers identified the states and metros building the most multi-family housing.

Investing in home improvements varies by location due to factors such as cost of living, local economic conditions, and the housing market. Our researchers ranked U.S. states and metros according to the number of home improvement loans taken out per 1,000 owner-occupied households.

In this new analysis, we identify which U.S. states are investing most in manufactured housing to see how the popularity of manufactured housing has changed over time and how its costs compare to traditional single-family homes.

Although supply is a challenge across the U.S., some locations are progressing faster than others in authorizing new construction. Researchers ranked locations according to the number of new housing units authorized per 1,000 existing homes in 2024.

Fortunately, though housing construction has fallen short nationwide, some parts of the country are bucking the trend. These are the counties and states that have built the most housing over the last decade.