A broken record maybe, yet when I look at new construction nationally, I ask myself if I had lost 44 to 32% of my ability to walk from an accident, would I consider myself recovered, that’s how much construction is off from the 50 year average. I would venture not a stellar performance, this is most probably driven by the fact, in the prime home buying segment 25 to 54 year olds, nationally their employment is still 6 million fewer working than when we began this economic event.
|
actual total for year |
permit issued |
start of construction |
||||||
|
multi |
single |
multi |
single |
|
||||
|
2013: |
Year to Date |
564.5 |
371.2 |
537.0 |
367.4 |
|
||
|
2012: |
Year to Date |
457.8 |
296.2 |
433.4 |
306.0 |
|
||
|
year over year + or - |
23.31% |
25.32% |
23.90% |
20.07% |
|
|
seasonally adjusted |
||||||
|
permits issued |
permits issued total |
|||||
|
one unit structure |
includes multi family |
|||||
|
permits issued |
613 |
943 |
||||
|
peak year |
1682 |
2219 |
||||
|
permits % drop from peak |
64% |
58% |
||||
|
50 year average |
911 |
1383 |
||||
|
permits % drop from 50 year |
33% |
32% |
||||
|
movement up from Bottom |
353 |
74% |
522 |
81% |
||
|
housing started |
starts total |
|||||
|
one unit structure |
includes multi family |
|||||
|
starts |
|
591 |
896 |
|||
|
peak year |
1611 |
2357 |
||||
|
starts % drop from peak |
63% |
62% |
||||
|
50 year average |
1056 |
1481 |
||||
|
starts % drop from 50 year |
44% |
40% |
||||
|
movement up from Bottom |
360 |
64% |
520 |
72% |
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