New numbers released this morning , what do the tea leaves say to you. Both from the peak and the 50 year averages still off by major/recession/depression depending on how you want to define, though impressive number bounce from the bottom no doubt,
So the thought to ponder ………….. is if rates go back to 2006 which averaged 6.4% for a 30 year instead of todays 4.07% average for June which direction does the new home business head
|
actual total for year |
permit issued |
start of construction |
|||||
|
multi |
single |
multi |
single |
|
|||
|
2013: |
Year to Date |
476.2 |
312.8 |
452.7 |
308.4 |
|
|
|
2012: |
Year to Date |
385.0 |
249.1 |
364.2 |
256.6 |
|
|
|
year over year + or - |
23.69% |
25.57% |
24.30% |
20.19% |
|
|
seasonally adjusted |
||||||
|
permits issued |
permits issued total |
|||||
|
one unit structure |
includes multi family |
|||||
|
permits issued |
624 |
911 |
||||
|
peak year |
1682 |
2219 |
||||
|
permits % drop from peak |
63% |
59% |
||||
|
50 year average |
911 |
1383 |
||||
|
permits % drop from 50 year |
32% |
34% |
||||
|
movement up from Bottom |
353 |
77% |
522 |
75% |
||
|
housing started |
starts total |
|||||
|
one unit structure |
includes multi family |
|||||
|
starts |
|
591 |
836 |
|||
|
peak year |
1611 |
2357 |
||||
|
starts % drop from peak |
63% |
65% |
||||
|
50 year average |
1056 |
1481 |
||||
|
starts % drop from 50 year |
44% |
44% |
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