In May, aggregate housing data was mixed; with new single-family housing exhibiting declines in permits, starts, spending, and sales. Month-over-month data were lackluster as well, with the exception being total housing completions. Year-over-year total housing permits and completions are now negative. Regionally, data were mixed across all sectors. From the depths of 2009, housing has improved; yet, most sectors of the housing market remain well less than their respective historical averages.