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    Description

    In the fourth quarter the U.S. housing markets improved incrementally from quarter three. Total permits, single-family starts, new house sales, and single-family spending all improved modestly quarter-over-quarter. The majority of sectors increased on a year-over-year basis as well; only multifamily starts decreased, albeit minimally. Viewed from a recent historical context, all housing construction subsectors exceeded the record lows recorded in the 2008 to 2011 time period.

    Publication Notes

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    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Alderman, Delton. 2018. United States housing, fourth quarter 2014. Res. Note FPL-RN-0352. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 1-20.

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    Keywords

    Housing permits, starts, under construction, completions, construction spending, quarterly and annual construction averages, nominal and inflation adjusted construction spending, gross domestic product

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https://www.fs.usda.gov/treesearch/pubs/56750