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Abstract
In January, total housing permits increased to their highest level in 13 years on a seasonally adjusted annualized basis. In December and January, total housing starts recorded their best two months since mid-2006, indicating a substantial year-over-year increase. However, total and single-family starts declined on a month-over-month basis. Total, single- and multifamily completions, and existing sales also decreased monthly. Single-family housing units under construction and single-family completions were negative on a year-over-year basis.
Citation
Alderman, Delton. 2020. United States Housing Brief, January 2020. Research Note FPL-RN-0378. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 6 p.