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North Wake News

Wednesday, February 26, 2020

Nearly 496,600 housing units were under construction in July in the South

Real Estate

By Metric Media News Service | Dec 5, 2019

The total number of housing units under construction in July for the South region of the U.S. was 496,600, 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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