United States Housing Brief, September 2019

Delton Alderman

doi:10.2737/FPL-RN-375

Treesearch

United States Housing Brief, September 2019

Informally Refereed

Authors:

Delton Alderman

Year:

2020

Type:

Research Note

Station:

Northern Research Station

DOI:

https://doi.org/10.2737/FPL-RN-375

Source:

FS

Download (PDF 1.74 MB)

Download (PDF 1.74 MB): https://research.fs.usda.gov/download/treesearch/59632.pdf

Abstract

In September, United States single-family construction data indicated month-over-month improvement in several critical categories, with the exception being completions. Total housing starts, permits, and completions were negative month-over-month. Only total and single-family under construction were positive on a monthly and yearly basis. Of note, total and single-family construction spending continued year-over-year declines. Declining interest rates have led to improving housing affordability, which is one factor for this month’s improvement.

Keywords

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

Citation

Alderman, Delton. 2020. United States Housing Brief, September 2019. Research Note FPL-RN-0375. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 6 p.