Category Archives: Dashboard

August 2009 Building Permits

Here is the Census Bureau Report on housing for August. August 2009 Report

BUILDING PERMITS

Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 579,000.This is 2.7 percent (±1.2%) above the revised July rate of 564,000, but is 32.4 percent (±1.3%) below the August 2008 estimate of857,000.

Single-family authorizations in August were at a rate of 462,000; this is 0.2 percent (±1.1%)* below the revised July figure of 463,000. Authorizations of units in buildings with five units or more were at a rate of 98,000 in August.

HOUSING STARTS

Privately-owned housing starts in August were at a seasonally adjusted annual rate of 598,000. This is 1.5 percent (±7.9%)* above the revised July estimate of 589,000, but is 29.6 percent (±6.0%) below the August 2008 rate of 849,000.

Single-family housing starts in August were at a rate of 479,000; this is 3.0 percent (±5.7%)* below the revised July figure of 494,000.The August rate for units in buildings with five units or more was 115,000.

HOUSING COMPLETIONS

Privately-owned housing completions in August were at a seasonally adjusted annual rate of 760,000. This is 5.5 percent (±14.0%)*below the revised July estimate of 804,000 and is 25.3 percent (±9.6%) below the August 2008 rate of 1,018,000.

Single-family housing completions in August were at a rate of 489,000; this is 1.6 percent (±12.7%)* below the revised July figure of 497,000. The August rate for units in buildings with five units or more was 256,000

Single-family completions of 489,000 are about the same level as single-family starts (479,000). According to Calculated Risk construction employment has stabilized. Has construction employment stabilized or shown growth – what’s your opinion?

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Pending Home Sales Index July 2009

According to NAR:

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 percent higher than July 2008 when it was 87.1.  The index is at the highest level since June 2007 when it was 100.7.

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LumberTribe Dashboard

Below is the LumberTribe Dashboard which consists of the leading indicators related to the Lumber Industry.

LumberTribe Dashboard 2009

Current Month Last Month Last Year
Existing Homes Sales —July 5,240 4,890 4,990
(Units per Thousand)
New Homes Sales — June 384 346 488
(Units per Thousand)
New Home Starts —July 560 570 924
(Units per Thousand)
New Homes Completed —July 802 809 1089
(Units per Thousand)
Housing Affordability Index —June 159.2 169.8 122.6
Pending
Home Index — June
94.6 91.3 88.7
Supply of New Homes–June 8.8 10.2 10.7
(No of Months)
Supply of Existing Homes–July 9.4 9.4 9.8
(No of Months)

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