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Monday, March 30, 2020

Nearly 495,900 housing units were under construction in June in the South

Real Estate

By Local Labs News Service | Nov 19, 2019


The total number of housing units under construction in June for the South region of the U.S. was 495,900, 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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