Publication Details

United States Housing Brief, September 2019

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Year Published

2020

Publication

Research Note FPL-RN-0375. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 6 p.

Abstract

In September, United States single-family construction data indicated month-over-month improvement in several critical categories, with the exception being completions. Total housing starts, permits, and completions were negative month-over-month. Only total and single-family under construction were positive on a monthly and yearly basis. Of note, total and single-family construction spending continued year-over-year declines. Declining interest rates have led to improving housing affordability, which is one factor for this month’s improvement.

Citation

Alderman, Delton. 2020. United States Housing Brief, September 2019. Research Note FPL-RN-0375. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 6 p.

Last updated on: March 19, 2020