ID

ANR-179NP

Authors as Published

Urs Buehlmann Department of Sustainable Biomaterials College of Natural Resources & Environment Virginia Tech; Delton Alderman Forest Products Marketing Unit Forest Products Laboratory U.S. Forest Service 

Cover, The Virginia Tech – U.S. Forest Service November 2015 Housing Commentary: Part A

This publication is available in a PDF file format only.

Housing has improved incrementally since January 2010. As written then, the housing market remains far from normal and the housing market still faces several obstacles. New sales are appear to be bifurcated, as the aggregate share of lower-valued price category homes is declining while the higher-valued group share is increasing. This is evidenced by viewing new sales plotted against real median income. Further, viewing home ownership rates provides some evidence of income decline and lower-end new house construction. Multifamily construction is solid; yet the number of multifamily units remains less than permitted and constructed in the early 1970s.


Virginia Cooperative Extension materials are available for public use, reprint, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.

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.

Publication Date

January 25, 2016