HOUSING PRODUCTION
Permits*
Permits for construction of new housing units were up 8 percent in the first quarter of 2001 at a seasonally adjusted annual rate (SAAR) of 1,671,000 units, but were unchanged from the first quarter of 2000. One-unit permits, at 1,243,000 units, were up 6 percent from the level of the previous quarter but down 1 percent from a year earlier. Multifamily permits (5 or more units in structure), at 363,000 units, were 17 percent above the fourth quarter of 2000 and a statistically insignificant 4 percent above the first quarter of 2000.
*Components may not add to totals because of
rounding. Units in thousands.
**This change is not statistically significant.
Source: Bureau of the Census, Department of Commerce
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Starts*
Construction starts of new housing units in the first quarter of 2001 totaled 1,557,000 units at a seasonally adjusted annual rate, a statistically insignificant 2 percent above the fourth quarter of 2000 but 8 percent below the first quarter of 2000. Single-family starts, at 1,254,000 units, were a statistically insignificant 3 percent higher than the previous quarter but 9 percent below the year before. Multifamily starts totaled 263,000 units, a statistically insignificant 2 percent below the previous quarter and a statistically insignificant 8 percent below the same quarter in 2000.
*Components may not add to totals because of
rounding. Units in thousands.
**This change is not statistically significant.
Source: Bureau of the Census, Department of Commerce |
Under
Construction*
Housing units under construction at the end of the first quarter of 2001 were at a seasonally adjusted annual rate of 1,033,000 units, 3 percent above the previous quarter but unchanged from the first quarter of 2000. Single-family units stood at 704,000, a statistically insignificant 3 percent above the previous quarter but unchanged from the first quarter of 2000. Multifamily units were at 297,000 units, up a statistically insignificant 1 percent from the previous quarter but down a statistically insignificant 2 percent from the first quarter of 2000.
*Components may not add to totals because of
rounding. Units in thousands.
**This change is not statistically significant.
Sources: Bureau of the Census, Department of Commerce; and
Office of Policy Development and Research, Department of Housing
and Urban Development |
Completions*
Housing units completed in the first quarter of 2001, at a seasonally adjusted annual rate of 1,512,000 units, were down a statistically insignificant 4 percent from the previous quarter and down 10 percent from the same quarter of 2000. Single-family completions, at 1,197,000 units, were down a statistically insignificant 5 percent from the previous quarter and down 11 percent from the rate of a year earlier. Multifamily completions, at 291,000 units, were a statistically insignificant 1 percent above the previous quarter but 7 percent below the same quarter of 2000.
*Components may not add to totals because of
rounding. Units in thousands.
**This change is not statistically significant
Sources: Bureau of the Census, Department of Commerce; and
Office of Policy Development and Research, Department of Housing
and Urban Development |
Manufactured
(Mobile) Home Shipments*
Shipments of new manufactured (mobile) homes were at a seasonally adjusted rate of 173,000 units in the first quarter of 2001, which is 11 percent below the previous quarter and 41 percent below the rate of a year earlier.
*Units in thousands. These are HUD-code homes
only and do not include manufactured housing units built to
meet local building codes, which are included in housing starts
figures.
Source: National Conference of States on Building Codes and
Standards |
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