Building Permits

Authorized new privately owned residential construction.

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CURRENT-3.19%% YoY • September 2026

PRIOR MOVE-7.34 ppvs prior month

VS YEAR AGO-4.80 ppchange in displayed metric

10-YEAR POSITION34thpercentile rank

Building Permits history

% YoY • normalized monthly

121 plotted periodsLatest: -3.19%

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Sep 2026: -3.19 % YoY

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View chart data (121 periods)

WHY IT MATTERS

Permits typically lead actual construction and can provide an early signal of future housing activity.

The current 5-year z-score is 0.01, with a 10-year displayed-metric range of -26.26% to 58.48%.

SOURCE & METHOD

Verified data, calculated server-side.

Source: FRED, series PERMIT. Values are displayed in % YoY.

Historical coverage begins January 1960. Daily and weekly observations are averaged within each calendar month for this page chart.

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Related indicators

Keep following the chain

HousingHousing StartsNew privately owned residential construction projects that have begun.Rates10Y TreasuryMarket yield on the benchmark 10-year U.S. Treasury security.GrowthReal GDPInflation-adjusted output of the U.S. economy.

GO DEEPER

Test the relationship yourself.

Start with Building Permits as X and Housing Starts as Y, using level values. Change either indicator, transformation, or date range in Research Lab, then run your analysis.

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