Time of U.S. residential building construction 1971-2022

Published by Statista Research Department, Aug 6, 2023
The average length of time from start to completion of new privately owned residential buildings with one unit in the United States increased by over one month in 2022. Meanwhile, it took an average of 17 months from start to completion to build new privately owned residential buildings with multiple units that year. In 2021, one-unit buildings took around 8.3 months on average to build. It has been estimated that the United States new residential construction will continue growing over the coming years.

Average length of time from start to completion of new privately owned residential buildings in the U.S. from 1971 to 2022 (in months)

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Release date

February 2023

Region

United States

Survey time period

1971 to 2022

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