Here is the head line
New Homes Sales Hit 8-Month High in December- Reuters
And as Paul Harvey said "now for the rest of the story
As I have mentioned recently, numbers without context or perspective are meaningless. The purpose is not to be negative but to share accurate information on which to base decisions. To repeat some recently released census bureau information 2000 to 2010 9.3 million households formed 2000 to 2010 14.5 million net housing units built so regardless of financing all things being equally housing has 5 million units without households to occupy. So we need to create jobs to create new households to absorb the excess. It appears the powers that be cannot figure that one out. Sooooooo pass this along if you talk to the powers. The building industry is not in a recession these are depression numbers!!!!!!!!
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permits issued |
|||
|
one unit structure |
|||
|
permits issued |
440 |
||
|
peak year |
1798 |
||
|
permits % drop from peak |
76% |
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|
five year average |
797 |
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|
% drop from five year |
45% |
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|
50 year average |
921 |
||
|
permits % drop from 50 year |
52% |
|
housing started |
|||
|
one unit structure |
|||
|
starts |
417 |
||
|
peak year |
1823 |
||
|
starts % drop from peak |
77% |
||
|
five year average |
887 |
||
|
starts % drop from five year |
53% |
||
|
50 year average |
1071 |
||
|
starts % drop from 50 year |
61% |
|
housing sales |
|||
|
one unit structure |
|||
|
new single family sales |
329 |
||
|
peak year |
1389 |
||
|
sales % drop from peak |
76% |
||
|
five year average |
623 |
||
|
sales % drop from five year average |
47% |
||
|
47 year average |
679 |
||
|
sales % drop from 47 year average |
52% |
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