United States Housing Brief, November 2021
| Authors: | Delton Alderman |
| Year: | 2022 |
| Type: | Research Note |
| Station: | Forest Products Laboratory |
| DOI: | https://doi.org/10.2737/FPL-RN-409 |
| Source: | Research Note FPL-RN-0409. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. |
Abstract
November month-over-month and year-over-year housing data were primarily positive. Only single-family housing completions were negative month-over-month. Single-family starts, permits, completions and new sales were negative year-over-year. Single-family permits and starts, total housing completions, and new and existing house sales were negative year-over-year. Existing house sales also were negative year-over-year. Completions continue to be restrained due to the unavailability of building materials and products, combined with other factors. Thus, certain builders may be reluctant to start new projects while waiting to complete units under construction.