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Housing activity.

Mortgage Banking • August, 2008 • Vital Statistics

Residential Structures (Thousands of Units, SAAR)

BY TYPE OF UNIT

HOUSING STARTS BUILDING PERMITS

Total Single- Multi- Total Single- Multi-

Family Family Family Family JUN-07 1,458 1,174 284 1,433 1,072 361 JUL-07 1,371 1,095 276 1,386 1,054 332 AUG-07 1,337 1,005 332 1,343 983 360 SEP-07 1,185 965 220 1,277 920 357 OCT-07 1,275 924 351 1,182 859 323 NOV-07 1,179 837 342 1,187 820 367 DEC-07 1,000 789 211 1,111 770 341 JAN-08 1,064 777 287 1,052 718 334 FEB-08 1,107 751 356 981 686 295 MAR-08 988 727 261 932 658 274 APR-08 1,008 695 313 982 687 295 MAY-08 975 695 280 978 669 309 JUN-08 NA NA NA NA NA NA

BY REGION

HOUSING STARTS BUILDING PERMITS

Northeast Midwest South West Northeast Midwest South West JUN-07 155 234 719 350 155 223 718 337 JUL-07 154 239 644 334 155 208 686 337 AUG-07 98 240 696 303 147 197 640 359 SEP-07 143 170 597 275 138 205 636 298 OCT-07 161 204 629 281 145 185 554 298 NOV-07 128 209 587 255 126 192 594 275 DEC-07 101 137 549 213 134 166 560 251 JAN-08 137 156 531 240 126 180 539 207 FEB-08 129 154 577 247 105 130 504 242 MAR-08 115 135 515 223 111 126 502 193 APR-08 91 164 501 252 108 157 499 218 MAY-08 147 123 479 226 137 147 460 234 JUN-08 NA NA NA NA NA NA NA NA

HOME SALES

EXISTING HOMES NEW HOMES

Units Median Units Median Month's

Sold Price Sold Price Supply

(Thous., ($ Thous.) (Thous., ($ Thous.) at Current

SAAR) SAAR) ales Rate JUN-07 5,010 229.2 793 235.5 8.3 JUL-07 5,010 228.5 796 246.2 8.3 AUG-07 4,810 223.7 702 236.5 9.2 SEP-07 4,450 208.6 694 240.3 9.4 OCT-07 4,430 204.8 723 234.3 8.6 NOV-07 4,410 207.3 629 249.1 9.5 DEC-07 4,320 205.0 600 227.7 9.8 JAN-08 4,350 197.2 597 232.4 9.8 FEB-08 4,470 193.6 572 245.3 9.7 MAR-08 4,360 197.6 501 227.8 11.4 APR-08 4,340 199.6 525 243.5 10.7 MAY-08 4,410 206.7 512 231.0 10.9 JUN-08 NA NA NA NA NA

VALUE OF NEW PRIVATE

CONSTRUCTION PUT IN PLACE

($ Billions, SAAR)

Total * 1-Unit 2+ Units Nonresidential JUN-07 863.0 319.4 48.2 354.8 JUL-07 852.9 311.6 47.2 359.3 AUG-07 848.5 300.3 46.6 368.3 SEP-07 837.7 288.5 46.0 372.6 OCT-07 829.9 275.0 45.5 382.9 NOV-07 816.9 260.5 44.7 388.3 DEC-07 797.5 246.1 43.1 383.7 JAN-08 794.6 233.8 43.3 389.7 FEB-08 783.7 214.9 43.9 391.6 MAR-08 789.6 212.3 44.0 398.0 APR-08 789.4 204.1 44.1 404.3 MAY-08 784.2 197.2 44.2 405.3 JUN-08 NA NA NA NA NA = Not Available SAAR = Seasonally Adjusted Annual Rate * Total private construction includes the following categories not shown: residential improvements, public safety, highway and street, sewage and waste disposal, water supply, and conservation and development.


COPYRIGHT 2008 Mortgage Bankers Association of America Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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