| HOUSING
PRODUCTION
 Permits*
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*
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*
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*
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*
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 |
|
