Treesearch
United States Housing Brief, October 2021
| Authors: | Delton Alderman |
| Year: | 2022 |
| Type: | Research Note |
| Station: | Forest Products Laboratory |
| DOI: | https://doi.org/10.2737/FPL-RN-408 |
| Source: | FPL Research Note |
Download (PDF 1.80 MB): https://research.fs.usda.gov/download/treesearch/64261.pdf
Abstract
The month-over-month and year-over-year housing data for October were mostly positive. Total and single-family starts and single-family housing completions were negative month-over-month. Single-family permits and starts, total housing completions, and new and existing house sales were negative year-over-year. Currently there are more multifamily units under construction than at any time over the past 47 years. Completions remained restrained due to the unavailability of building materials and products, among other factors. Thus, certain builders may be reluctant to start new projects while waiting to complete units under construction.