Foothills Review

Foothills Review

Wednesday, April 1, 2020

Completed construction of South US multi-family homes in December increases over previous month

Real Estate

By Metric Media News Service | Mar 22, 2020

Re 8

The total number of multi-family homes completed in December 2019 in the United States’ South region was 22,800, compared to 18,700 for November, according to figures released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

Unadjusted statistics are gathered from the Census Bureau’s Building Permits Survey and the Survey of Construction.

The surveys provide current national and regional data on the construction of new privately owned housing units authorized by building permits.

The results provide insight on the nation’s current economic activity, and are used by business and industry stakeholders to help gauge supply and demand.

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