United States housing brief, February 2020
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Res. Note. FPL-RN-0379. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-8.
In February, total starts, permits, completions, new sales, and residential spending declined on a month-over-month basis. The silver lining—permits were the greatest since March 2007. On a year-over-year basis, most of the data indicated robust improvement, except for the decline in multifamily permits and total completions. Single-family under construction also decreased. New single-family house sales decreased, but on a yearly basis they were much greater than in 2019. Existing sales also improved. Single-family construction expenditures improved on a monthly and yearly basis.
KeywordsHousing permits; starts; under construction; completions; construction spending; new sales; existing sales; regional housing data; economic indicators
Alderman, Delton. 2020. United States housing brief, February 2020. Res. Note. FPL-RN-0379. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory: 1-8.