The year 2016 was an eventful one for home building.
Industry Data & Research
Industry data and research for professional home builders and remodelers.
The Smith family of Carlsbad, Calif., exists only on paper as a researcher''s construct of the average home buyer. They are the typical dual-income, two-child household
Among 1999’s top 10 areas in terms of sheer volume of new residential construction, only two - Atlanta and Chicago - have been able to build upon their totals through the first three months of this year.
Single-family building permits in 1999 reached an all-time record of 1,231,811 as GDP hit 6.9% in fourth quarter.
The top three states in terms of new residential permit volume - Florida, California, and Texas - accounted for 27.5% of all permits issued nationwide throughout the first three months of this year.
April 2000 total housing starts were at a seasonally adjusted annualized level of 1.663 million units, after averaging almost 1.8 million units (annualized during the December 1999 -February 2000 period.
The total number of residential permits issued nationwide during the first quarter of this year was a slight 1.4% lower than in January-March of 1999.
March 2000 total housing starts were at a seasonally-adjusted annualized level of 1.604 million units, after exceeding 1.8 million units (annualized) during February. This was the lowest monthly level recorded since June of last year.
The Labor Department’s construction materials composite price index rose by 0.4% between February and March of this year. This brought the March 2000 composite index to a level 2.4% above its reading for the third month of 1999.
The Conference Board’s composite Consumer Confidence Index (CCI) fell for the third consecutive month during April, and is now at a level 5.4% lower than its record-high set during the first month of the new year.
The nation’s unprecedented nine-year period of economic expansion has been good to a lot of industries, the housing industry included.