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Friday, January 24, 2020

Midwest US multi-family homes under construction in June falls over same month last year

Real Estate

By Local Labs News Service | Oct 29, 2019

Re 12

The total number of multi-family homes under construction in June 2019 for the United States’ Midwest region was 71,800, compared to 72,500 for June 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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