HOUSING PRODUCTION
Permits*
Permits for construction of new housing units were up 3 percent
in the fourth quarter of 2000 at a seasonally adjusted annual rate
(SAAR) of 1,546,000 units, but were down 7 percent from the fourth
quarter of 1999. One-unit permits, at 1,173,000 units, were up 3 percent
from the level of the previous quarter but down 5 percent from a year
earlier. Multifamily permits (5 or more units in structure), at 311,000
units, were a statistically insignificant 2 percent above the third
quarter of 2000 but 14 percent below the fourth 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
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Starts*
Construction starts of new housing units in the fourth quarter of
2000 totaled 1,558,000 units at a seasonally adjusted annual rate,
a statistically insignificant 2 percent above the third quarter of
2000 but 8 percent below the fourth quarter of 1999. Single-family
starts, at 1,261,000 units, were a statistically insignificant 4 percent
higher than than the previous quarter but 8 percent below the year
before. Multifamily starts totaled 261,000 units, a statistically
insignificant 2 percent below the previous quarter and a statistically
insignificant 9 percent below 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 fourth quarter
of 2000 were at a seasonally adjusted annual rate of 1,008,000 units,
unchanged from the previous quarter but a statistically insignificant
2 percent below the fourth quarter of 1999. Single-family units stood
at 687,000, unchanged from the previous quarter but a statistically
insignificant 3 percent below the fourth quarter of 1999. Multifamily
units were at 293,000 units, unchanged from the previous quarter and
unchanged from the fourth 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 fourth quarter of 2000, at a seasonally
adjusted annual rate of 1,562,000 units, were unchanged from the previous
quarter but down 5 percent from the same quarter of 1999. Single-family
completions, at 1,255,000 units, were up a statistically insignificant
2 percent from the previous quarter but down 5 percent from the rate
of a year earlier. Multifamily completions, at 281,000 units, were
a statistically insignificant 9 percent below the previous quarter
and a statistically insignificant 5 percent below the same quarter
of 1999. Over the year 2000, 1,605,800 housing units were completed,
a statistically insignificant decrease of 2 percent compared with
1999. Single-family completions, at 1,281,700, dropped a statistically
insignificant 2 percent, but multifamily completions, at 291,100,
rose a statistically insignificant 2 percent.
*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 244,000 units in the third quarter of 2000, which
is 8 percent below the previous quarter and 27 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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