TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 16, 8:29 AM EST
Kalshi
This market tracks whether US building permits issued in May 2026 will exceed 1.250 million units on a seasonally adjusted annual rate basis, reflecting the volume of residential construction activity authorized during that month. On Kalshi, the leading outcome currently stands at 93.5%. Resolution will be determined by the official US building permits data for May 2026. Watch for the release of the Census Bureau's building permits report scheduled for late June 2026, which will provide the definitive monthly figure needed to settle this contract.
Resolution uses the first-published U.S. building permits value for May 2026 from the Census New Residential Construction report as reflected by Trading Economics on the initial release date. Subsequent revisions or updated releases are not used for resolution. Each market outcome corresponds to a specific threshold level, with resolution to Yes if the initial reported value exceeds that threshold.
The market resolves on Jun 23, 2026. Resolution is determined by the official US Census Bureau release of building permit data for May 2026. The outcome hinges on whether the total number of permits issued meets or exceeds the specified threshold. Once the Census Bureau publishes its monthly housing starts and permits report, the contract settles based on the reported figure, and traders' positions are finalized according to the outcome.
Key catalysts include Federal Reserve interest rate decisions, mortgage rate movements, and housing affordability trends. Construction cost inflation, labor availability, and regulatory changes at federal or state levels can shift builder confidence and permitting activity. Economic data releases such as employment reports, consumer sentiment, and existing home sales provide context for housing demand. Additionally, any policy announcements regarding zoning, environmental standards, or construction incentives could influence the pace of permit applications leading up to the May data release.