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New Housing Permits, Starts, & Completions May Of 2025

By
Industry Observer CDRE #01044712

On June 18, 2025, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported nationwide housing building permits declined 2.0% to 1,393,000 units in May of 2025 from 1,422,000 units in April of 2025, and down 1.0% from 1,407,000 in May of 2024. Single family building permits lower 2.7% to a rate of 898,000 units in May of 2025, from 923,000 units in April of 2025, and there were 444,000 multifamily building permits issued in May of 2024.

Nationwide housing starts dropped 9.8% to 1,256,000 units in May of 2025, from 1,392,000 units in April of 2025 and fell 4.6% from 1,316,000 units in May of 2024. Single family starts higher 0.4% to a rate of 924,000 units in May of 2025 from 920,000 in April of 2025, and there were 316,000 multifamily building starts in May of 2024.

Nationwide housing completions gained 5.4% to 1,526,000 units in May of 2025 from 1,448,000 units in April of 2025, but declined 2.2% from 1,561,000 units in May of 2024. Single family completions increased 8.1% to a rate of 1,027,000 units in May of 2025, from 950,000 units in April of 2025, and there were 487,000 multifamily completions in May of 2024.

For complete more detailed information about U.S. Department of HUD and the U.S. Census Bureau on new housing permit, housing starts, housing completions request in May of 2025, please click HERE

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John Pusa

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Joe Mojica
Laer Realty Partners Bowen - Port St Lucie, FL
Your Home Adds Value to You

John- you made me aware that the Department of  Housing and Urban Development puts out statistics on national permits, I had no idea.  I clicked on the link you included on your post and found the report very interesting. Thanks for sharing.    Have a super weekend.     Joe

Jun 20, 2025 05:34 AM
John Pusa

Hello Joe Mojica you are welcome, the Department of  Housing and Urban Development puts out statistics on national permits, and other stats too. Have a super weekend too. Thank you for the comment.

Jun 20, 2025 02:55 PM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning John. The farmers fields around our area are full of housing starts and many are specs at this point. No decline here. Enjoy your day.

Jun 20, 2025 05:38 AM
John Pusa

Hello Wayne Martin good to know that the farmers fields around your area are full of housing starts and many are specs at this point. I remember at the time I lived in Naperville farmers fields in the area turned into housing. Enjoy your day too. Thank you for the comment.

Jun 20, 2025 03:00 PM
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
Realtor®-ABR-Land, Residential & Commercial Sa

Some of the problem is in some parts of the country the rules for wetland set backs and slopes have hindered the ability to find land that is buildable in these areas. When I first started buying and selling vacant land the set back for wet land was 25' then it went to 100' now if the wetland is bigger than 2 acres it is 200'. and it is not getting any easier. Slope for a septic in most of the lower Hudson valley was 15% but if you had 17% you could fill it in to make it 15%. but that rule got changed and now it is a hard fast 15%. This cuts down the buildable lots available substantially.

Great Post,

Tom S

Jun 20, 2025 06:06 AM
John Pusa

Hello Thomas Santore Lic Associate Real Estate Broker you are right, rules for wetlands set back can be problems and cuts down the buildable lots available to build good size building. Thank you for the comment.

Jun 20, 2025 03:05 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John and wonder if it is because ICE is rounding up lots of works?  I know of one builder has lots of ones he told me.

 

Jun 20, 2025 11:35 AM
John Pusa

Hello Will Hamm  ICE rounding up lots of workers can have some impact on the construction costs. Thank you for the comment.

Jun 20, 2025 03:08 PM
Gwen Fowler SC Lakes & Mountains 864-710-4518
Gwen Fowler Real Estate, Inc - Walhalla, SC
Gwen Fowler Real Estate, Inc.

John, our costs for permitting infrastructure and utilities are now over 50 K.  That is before any construction starts.  This is putting the middle class into corporate builds or older homes.  I think this is why there are less houses being built.

Jun 20, 2025 11:53 AM
John Pusa

Hello Gwen Fowler SC Lakes & Mountains 864-710-4518 in my area, the costs for permitting infrastructure and utilities are much over 50 K. That is before any construction starts. You are right, that is why there are less houses being built. Thank you for the comment.

Jun 20, 2025 03:11 PM
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