National Data


Housing Production / Housing Marketing / Housing Finance
Housing Investment / Housing Inventory


HOUSING PRODUCTION

Permits iconPermits*

Permits for construction of new housing units were down 5 percent in the second quarter of 2001, at a seasonally adjusted annual rate (SAAR) of 1,592,000 units, but were up a statistically insignificant 2 percent from the second quarter of 2000. One-unit permits, at 1,214,000 units, were down 2 percent from the level of the previous quarter but up 3 percent from a year earlier. Multifamily permits (5 or more units in structure), at 308,000 units, were 16 percent below the first quarter of 2001 and 5 percent below the second quarter of 2000.

 

Latest Quarter

Previous Quarter

Same Quarter Previous Year

% Change From Previous Quarter

% Change From Last Year

Total

1,592

1,671

1,567

- 5

+ 2**

One Unit

1,214

1,240

1,176

- 2

+ 3

Two to Four

70

66

65

+ 7**

+ 8**

Five Plus

308

365

326

- 16

- 5

*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 iconStarts*

Construction starts of new housing units in the second quarter of 2001 totaled 1,631,000 units at a seasonally adjusted annual rate, unchanged from the first quarter of 2001 but a statistically insignificant 3 percent above the second quarter of 2000. Single-family starts, at 1,295,000 units, were a statistically insignificant 1 percent higher than the previous quarter and a statistically insignificant 5 percent above the year before. Multifamily starts totaled 295,000 units, a statistically insignificant 6 percent below the previous quarter and a statistically insignificant 6 percent below the same quarter in 2000.

 

Latest Quarter

Previous Quarter

Same Quarter Previous Year

% Change From Previous Quarter

% Change From Last Year

Total

1,631

1,627

1,586

+ 3**

One Unit

1,295

1,277

1,234

+ 1**

+ 5**

Five Plus

295

313

314

- 6**

- 6**

*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 iconUnder Construction*

Housing units under construction at the end of the second quarter of 2001 were at a seasonally adjusted annual rate of 1,005,000 units, unchanged from the previous quarter but a statistically insignificant 2 percent above the second quarter of 2000. Single-family units stood at 685,000, a statistically insignificant 1 percent above the p revious quarter and a statistically insignificant 3 percent above the second quarter of 2000. Multifamily units were at 291,000 units, down a statistically insignificant 1 percent from the previous quarter and down a statistically insignificant 2 percent from the second quarter of 2000.

 

Latest Quarter

Previous Quarter

Same Quarter Previous Year

% Change From Previous Quarter

% Change From Last Year

Total

1,005

1,002

983

+ 2**

One Unit

685

676

664

+ 1**

+ 3**

Five Plus

291

293

296

- 1**

- 2**

*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 iconCompletions*

Housing units completed in the second quarter of 2001, at a seasonally adjusted annual rate of 1,565,000 units, were up a statistically insignificant 6 percent from the previous quarter but down a statistically insignificant 2 percent from the same quarter of 2000. Single-family completions, at 1,236,000 units, were up a statistically insignificant 6 percent from the previous quarter but down 3 percent from the rate of a year earlier. Multifamily completions, at 286,000 units, were unchanged from the previous quarter but were a statistically insignificant 5
p e rcent below the same quarter of 2000.

 

Latest Quarter

Previous Quarter

Same Quarter Previous Year

% Change From Previous Quarter

% Change From Last Year

Total

1,565

1,478

1,605

+ 6**

- 2**

One Unit

1,236

1,166

1,275

+ 6**

- 3

Five Plus

286

285

301

-5 **

*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 iconManufactured (Mobile) Home Shipments*

Shipments of new manufactured (mobile) homes were at a seasonally adjusted rate of 191,000 units in the second quarter of 2001, which is 10 percent above the previous quarter but 28 percent below the rate of a year earlier.

 

Latest Quarter

Previous Quarter

Same Quarter Previous Year

% Change From Previous Quarter

% Change From Last Year

Manufacturers' Shipments

191

173

266

+10

-28

*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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