HOUSING
PRODUCTION
Permits*
Permits for construction of new housing units were down 9 percent in the second quarter of 2000 at a seasonally adjusted annual rate of 1,527,000 units, and were down 7 percent from the second quarter of 1999. One-unit permits, at 1,143,000 units, were down 9 percent from the level of the previous quarter and down 8 percent from a year earlier. Multifamily permits (5 or more units in structure), at 323,000 units, were 7 percent below the first quarter of 2000 and 3 percent below the second quarter of 1999.
*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
|
Starts*
Construction starts of new housing units in the second quarter of 2000 totaled 1,601,000 units at a seasonally adjusted annual rate, 8 percent below the first quarter of 1999 but a statistically insignificant 1 percent above the second quarter of 1999. Single-family starts, at 1,259,000 units, were a statistically insignificant 6 percent lower than the previous quarter and a statistically insignificant 3 percent below the year before. Multifamily starts totaled 311,000 units, a statistically insignificant 15 percent below the previous quarter but a statistically insignificant 16 percent above the same quarter in 1999.
*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 second quarter of 2000 were at a seasonally adjusted annual rate of 1,022,000 units, a statistically insignificant 1 percent below the previous quarter but a statistically insignificant 1 percent above the second quarter of 1999. Single-family units stood at 694,000, a statistically insignificant 2 percent below the previous quarter and a statistically insignificant 1 percent below the second quarter of 1999. Multifamily units were at 305,000 units, up a statistically insignificant 1 percent from the previous quarter and up a statistically insignificant 5 percent from the second quarter of 1999.
*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 second quarter of 2000, at a seasonally adjusted annual rate of 1,635,000 units, were down a statistically insignificant 3 percent from the previous quarter and down a statistically insignificant 1 percent from the same quarter of 1999. Single-family completions, at 1,315,000 units, were down a statistically insignificant 3 percent from the previous quarter and down a statistically insignificant 2 percent from the rate of a year earlier. Multifamily completions, at 290,000 units, were a statistically insignificant 7 percent below the previous quarter but a statistically insignificant 1 percent above the same quarter of 1999.
*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 295,000 units in the first quarter of 2000, which is 6 percent below the previous quarter and 23 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
|
|