Number of privately-owned single-family and multifamily housing units completed and new households formed in the United States from 1970 to 2024
(in 1,000s)
Characteristic
Privately-owned single-family housing units completed (in 1,000s)
Privately-owned multifamily housing units completed (in 1,000s)
New households formed (1,000s)
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The number of were directly obtained from the U.S. Census, while the number of households formed was calculated as the difference between the in each year and the previous year.
Citation formats
Housing units completed and households formed in the U.S. 1970-2024, by type
The combined number of privately-owned single-family and multi-family housing completed between 2010 and 2024 was higher than the number of households formed in the United States. However, there was not enough single-family housing completed for all new households formed. For example, in 2023, there were **** million new households formed, but only **** single family homes built. Another issue that can lead to housing shortage is that those buildings are not always located in the place with the highest demand, which can still lead to housing shortages in locations with a high demand.
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ÌÇÐÄÆƽâ°æ, & U.S. Census Bureau. (September 27, 2024). Number of privately-owned single-family and multifamily housing units completed and new households formed in the United States from 1970 to 2024 (in 1,000s) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1496471/housing-completions-and-households-formed-us-by-type/
ÌÇÐÄÆƽâ°æ, und U.S. Census Bureau. "Number of privately-owned single-family and multifamily housing units completed and new households formed in the United States from 1970 to 2024 (in 1,000s)." Chart. September 27, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1496471/housing-completions-and-households-formed-us-by-type/
ÌÇÐÄÆƽâ°æ, U.S. Census Bureau. (2024). Number of privately-owned single-family and multifamily housing units completed and new households formed in the United States from 1970 to 2024 (in 1,000s). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1496471/housing-completions-and-households-formed-us-by-type/
ÌÇÐÄÆƽâ°æ, and U.S. Census Bureau. "Number of Privately-owned Single-family and Multifamily Housing Units Completed and New Households Formed in The United States from 1970 to 2024 (in 1,000s)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 27 Sep 2024, /statistics/1496471/housing-completions-and-households-formed-us-by-type/
ÌÇÐÄÆƽâ°æ & U.S. Census Bureau, Number of privately-owned single-family and multifamily housing units completed and new households formed in the United States from 1970 to 2024 (in 1,000s) ÌÇÐÄÆƽâ°æ, /statistics/1496471/housing-completions-and-households-formed-us-by-type/ (last visited July 27, 2026)
Number of privately-owned single-family and multifamily housing units completed and new households formed in the United States from 1970 to 2024 (in 1,000s) [Graph], ÌÇÐÄÆƽâ°æ, & U.S. Census Bureau, September 27, 2024. [Online]. Available: /statistics/1496471/housing-completions-and-households-formed-us-by-type/
