United States housing brief, July 2018
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Res. Note FPL-RN-0365. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-6.
July housing data rebounded in the majority of categories; yet, the aggregate housing market appears to be in a sluggish mode. Total permits and starts, including single-family permits and starts crept into positive territory. Total starts were negative on a year-over-year basis. Housing under construction also crept into positive territory on a monthly basis. Total and single-family housing completions were negative on a month-over-month basis. New single-family sales declined month-over-month but were robust on a year-over-year basis. Private residential construction spending indicated minimal positive change on a monthly basis. Existing sales continued their declining trend, monthly and yearly. Regionally, data were mixed across all sectors.
KeywordsHousing permits starts under construction completions construction spending new sales existing sales regional housing data economic indicators
Alderman, Delton. 2019. United States housing brief, July 2018. Res. Note FPL-RN-0365. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-6.