Baltimore City Wire

Baltimore City Wire

Wednesday, February 19, 2020

Nearly 254,100 housing units under construction in August in South

Real Estate

By Metric Media News Service | Feb 13, 2020

Realestate077

The total number of single-family homes under construction in August for the South region of the U.S. was 254,100, 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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