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Welcome to the inaugural Virginia Tech-U.S. Forest Service housing commentary. The goal of this commentary is to provide users with relevant data, straightforward analysis, and information about the United Sates housing market.
August's housing data was truly mixed on a monthly basis. Permits, new sales, and construction spending all improved. Starts, existing sales, and completions decreased. From a regional perspective the data were similar. All data were positive on a year-over-year basis.
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Issued in furtherance of Cooperative Extension work, Virginia Polytechnic Institute and State University, Virginia State University, and the U.S. Department of Agriculture cooperating. Edwin J. Jones, Director, Virginia Cooperative Extension, Virginia Tech, Blacksburg; M. Ray McKinnie, Administrator, 1890 Extension Program, Virginia State University, Petersburg.
November 10, 2015