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Monday, December 9, 2019

Construction on nearly 48,500 housing units in the South was authorized but not started in June

Real Estate

By Local Labs News Service | Sep 30, 2019

Realestate3

The total number of single-family homes authorized but not started in June for the South region of the U.S. was 48,500, 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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U.S. Census Bureau

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