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SW Arizona News

Monday, April 6, 2020

Construction started on U.S. multi-family homes in December increases over previous month

Real Estate

By Metric Media News Service | Mar 24, 2020


The total number of multi-family homes started in December 2019 in the United States was 80,600, compared to 70,600 for November, 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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