• We collect data on:
New Residential Construction
building permits, housing starts and completions
New Residential Sales
new homes sold and for sale
Construction Spending
public and private, residential and nonresidential
Characteristics of New Housing
• Many construction indicators appear to be
improving in recent months
• Single-family houses completed in 2011
averaged 2,480 square feet
2
3
Homeownership Rate in the
United States: 1890-2010
Sources: U.S. Census Bureau, Census of Population and Housing, decennial volumes, and 2010 Census Summary File 1.
Single-family and Multifamily
Housing Starts
Source: U.S. Census Bureau, New Residential Construction 4
Housing Units Under Construction
Source: U.S. Census Bureau and Department of Housing and Urban Development, New Residential Construction 5
All Other 47%
Texas 16%
California 7%
Florida 7%
North Carolina 5%
Virginia 4%
New York 4%
Washington 3%
Georgia 3%
South Carolina 2%
Tennessee 2%
Percent of U.S. Total Housing Units
Authorized by State: 2011
Source: U.S. Census Bureau, New Residential Construction 6
Percent change from 2010 to 2011 in
New Housing Units Authorized by State
Source: U.S. Census Bureau, New Residential Construction 7
61.8
524.1
- 25.1
-24.2
Number of Multifamily Units
Authorized by Building Permits
Source: U.S. Census Bureau, New Residential Construction 8
New Home Sales and Months’ Supply
Source: U.S. Census Bureau and Department of Housing and Urban Development, New Residential Sales 9
New Home Sales and Existing
Home Sales
Source: U.S. Census Bureau and Department of Housing and Urban Development, New Residential Sales; National Association of Realtors, Existing Home Sales
10
Average Sales Price of New Homes
Source: U.S. Census Bureau and Department of Housing and Urban Development, New Residential Sales 11
Average Square Footage of New
Housing Units Completed
Source: U.S. Census Bureau and Department of Housing and Urban Development, Characteristics of New Housing 12
Bedrooms for New Single-family
Houses Completed
Source: U.S. Census Bureau and Department of Housing and Urban Development, Characteristics of New Housing 13
Multifamily Units Started by Intended
Use
Source: U.S. Census Bureau, New Residential Construction 14
Private and Public Construction
Spending
Source: U.S. Census Bureau, Construction Spending
15
Private Residential and
Nonresidential Construction
Spending
Source: U.S. Census Bureau, Construction Spending 16
Selected Nonresidential Categories
Source: U.S. Census Bureau, Construction Spending 17
