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Single Strength

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Single Strength

Preliminary numbers for the full year of 1999 show a pattern of the single-family sector doing much better than the multifamily residential construction market.


By Daryl Delano, Cahners Economics February 29, 2000
This article first appeared in the PB March 2000 issue of Pro Builder.

Housing Starts
(Thousands of Units, Seasonally-Adjusted Annual Rate)
Single- Family Multi- family
Q1/98 1242 340
Q2 1243 326
Q3 1274 363
Q4 1352 349
Q1/99 1389 384
Q2 1318 299
Q3 1305 352
Q4 1347 304
Q1/00 1260 290
Q2 1235 285
Q3 1200 300
Q4 1225 310
Q1/01 1245 315
Q2 1270 330
Q3 1310 340
Q4 1335 350
Historical Data: U.S. Department of Commerce
Forecast: Professional Builder
Preliminary numbers for the full year of 1999 show a pattern of the single-family sector doing much better than the multifamily residential construction market. Total starts are estimated to have reached 1.663 million units last year, an increase of 2.9% from the already-healthy 1998 total. The number of single-family homes started during 1999 was estimated at slightly more than 1.33 million units, a total 4.7% above the 1998 level. However, an estimated 4.1% fewer units were started in multifamily buildings during 1999 than in the previous year.

The Midwest recorded a 7.5% increase in total starts during 1999. The Northeast (+3.5%) and the South (+2.6%) saw starts increase at modest rates.

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