United States housing brief, February 2020

Delton Alderman

Treesearch

United States housing brief, February 2020

Informally Refereed

Authors:

Delton Alderman

Year:

2020

Type:

Research Note

Station:

Forest Products Laboratory

Source:

Res. Note. FPL-RN-0379. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-8.

Download (PDF 1.75 MB)

Download (PDF 1.75 MB): https://research.fs.usda.gov/download/treesearch/60162.pdf

Abstract

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.

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