United States housing, second quarter 2013

Delton Alderman

doi:10.2737/FPL-RN-342

Treesearch

United States housing, second quarter 2013

Informally Refereed

Authors:

Delton Alderman

Year:

2017

Type:

Research Note

Station:

Forest Products Laboratory

DOI:

https://doi.org/10.2737/FPL-RN-342

Source:

Research Note, FPL-RN-0342. Madison, WI: U.S. Department of Agriculture. Forest Service, Forest Products Laboratory. 15 p.

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Abstract

The U.S. housing market’s quarter two results were disap¬pointing compared with the first quarter. Although overall expected gains did not materialize, certain sectors improved slightly. Housing under construction, completions, and new and existing home sales exhibited slight increases. Overall permit data declined, and the decrease in starts was due primarily to a plunge in multifamily starts. Viewed from a recent historical context, all housing construction subsectors exceeded the record lows recorded in the 2008 to 2011 time period.

Keywords

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

Citation

Alderman, Delton. 2017. United States housing, second quarter 2013. Research Note, FPL-RN-0342. Madison, WI: U.S. Department of Agriculture. Forest Service, Forest Products Laboratory. 15 p.