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    Author(s): Delton Alderman
    Date: 2020
    Source: Res. Note. FPL-RN-0379. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-8.
    Publication Series: Research Note (RN)
    Station: Forest Products Laboratory
    PDF: Download Publication  (1.0 MB)

    Description

    In February, total starts, permits, completions, new sales, and residential spending declined on a month-over-month basis. The silver lining—permits were the greatest since March 2007. On a year-over-year basis, most of the data indicated robust improvement, except for the decline in multifamily permits and total completions. Single-family under construction also decreased. New single-family house sales decreased, but on a yearly basis they were much greater than in 2019. Existing sales also improved. Single-family construction expenditures improved on a monthly and yearly basis.

    Publication Notes

    • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Alderman, Delton. 2020. United States housing brief, February 2020. Res. Note. FPL-RN-0379. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-8.

    Keywords

    Housing permits, starts, under construction, completions, construction spending, new sales, existing sales, regional housing data, economic indicators

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