United States Housing Brief, September 2019
- Download PDF (1.0 MB)
- This publication is available only online.
Research Note FPL-RN-0375. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 6 p.
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.
KeywordsHousing permits starts under construction completions construction spending new sales existing sales regional housing data economic indicators
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.