The thought to ponder……. Impressive bounce from the bottom, yet housing is still 30 to 41% off the 50 year averages, and 56 to 65% off from the peaks, really cause for celebration?
That would put the dow in the 10,360 to 5,180 range who would be celebrating then?
|
actual total for year |
permit issued |
start of construction |
||||
|
multi |
single |
multi |
single |
|||
|
2013: |
Year to Date |
205.1 |
133.4 |
210.1 |
135.1 |
|
|
2012: |
Year to Date |
167.7 |
106.6 |
155.0 |
105.5 |
|
|
year over year + or - |
22.30% |
25.14% |
35.53% |
28.06% |
|
seasonally adjusted |
||||||
|
permits issued |
permits issued total |
|||||
|
one unit structure |
includes multi family |
|||||
|
permits issued |
595 |
902 |
||||
|
peak year |
1682 |
2219 |
||||
|
permits % drop from peak |
65% |
59% |
||||
|
50 year average |
911 |
1383 |
||||
|
permits % drop from 50 year |
35% |
35% |
||||
|
movement up from Bottom |
353 |
69% |
522 |
73% |
||
|
housing started |
starts total |
|||||
|
one unit structure |
includes multi family |
|||||
|
starts |
|
619 |
1036 |
|||
|
peak year |
1611 |
2357 |
||||
|
starts % drop from peak |
62% |
56% |
||||
|
50 year average |
1056 |
1481 |
||||
|
starts % drop from 50 year |
41% |
30% |
||||
|
movement up from Bottom |
360 |
72% |
520 |
99% |
Comments(0)