Housing constuction zooms?

FOR IMMEDIATE RELEASE TUESDAY, DECEMBER 20, 2011 AT 8:30 A.M. EST

actual total for year

permit issued

start of construction

multi

single

multi

single

single sales

2010:

Year to Date

551.0

416.4

553.1

444.5

256

2011:

Year to Date

561.4

384.4

564.9

399.4

236

year over year + or -

1.89%

-7.68%

2.13%

-10.15%

7.81%

seasonally adjusted

permits issued

permits issued total

one unit structure

includes multi family

permits issued

435

681

peak year

1798

2363

permits % drop from peak

76%

71%

50 year average

920

1400

permits % drop from 50 year

53%

51%

movement up from Bottom

353

23%

522

30%

housing started

starts total

one unit structure

includes multi family

starts

447

685

peak year

1823

2494

starts % drop from peak

75%

73%

50 year average

1066

1495

starts % drop from 50 year

58%

54%

movement up from Bottom

360

24%

520

32%