U.S. Residential Housing - Statistics & Facts | Statista
Statistics and facts on residential housing in the U.S.
Housing markets in the United States are beginning to show strong signs of recovery as home builder confidence continues to rise. Home builders are beginning to feel much more optimistic about the prospects of home sales as the accelerated rate of construction confirms.
The recovery of the market after the economic crash of 2008 was initially slow and painful. The period of dismay and the difficulties experienced by the sector was the result of the United States housing bubble. This economic bubble affected the U.S. housing market in over half of American states, but the housing market has picked up again in recent years. In 2015, the Case-Shiller home price index, which reflect inflation adjusted prices, showed the steady increase in house prices which began in 2012.
The rental market in the United States is very important, because roughly one third of the population lived in rented properties in 2016. However, rental rates are climbing at a much faster rate than wages, especially the minimum wage. A 2016 study found that a worker earning minimum wage couldn't afford a one-bedroom rental unit in any U.S. state.
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|Residential Housing Market||Values||Statistic|
|Number of housing units in the U.S.||134.7m||Details →|
|Number of housing units occupied by renter in the U.S.||42.58m||Details →|
|U.S. homeownership rate||63.8%||Details →|
|The Pulte Group is the largest U.S. home builder, based on revenue||$5.98m||Details →|
|Value of new private residential buildings put in place||$416,819m||Details →|
|Number of U.S. housing units for sale||1,416k||Details →|
|Average price of new homes sold in the U.S.||$360.6k||Details →|
|Average price of existing homes in the U.S.||$214k||Details →|
|Foreclosure sales in the U.S.||907,138||Details →|
|New York City is the most expensive city to rent (rent-to-income-ratio)||52%||Details →|
|Median asking rent for unfurnished apartments in the U.S.||$1,381/mo||Details →|
- Homeowner vacancy rates in the U.S. 1990-2015Homeowner vacancy rates in the U.S. 1990-2015
Homeowner vacancy rates in the United States from 1990 to 2015
- Number of renter occupied homes in the U.S. 1975-2015+Number of renter occupied homes in the U.S. 1975-2015
Number of renter occupied housing units in the United States from 1975 to 2015 (in millions)
- Revenue of leading home builders in the U.S. 2015Revenue of leading home builders in the U.S. 2015
Gross revenue of leading home builders in the United States in 2015 (in million U.S. dollars)
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