San Antonio Corridor News

San Antonio Corridor News

Thursday, April 9, 2020

Construction of South housing units in November increases over same month last year

Real Estate

By Metric Media News Service | Feb 25, 2020

The total number of housing units under construction in November 2019 for the United States' South region was 509,300, compared to 464,900 for November 2018, 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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