U.S. Housing Starts

U.S. Housing starts

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US housing starts for the past 55 years as compiled by the US Bureau of the Census are shown above. The good news is that 2015 Census figures show permits issued is now almost up to the long term average (Seasonally adjusted annual rate.) Over the past 55 years the average build is slightly above 1,400,000 units per year, up from about 1,000,000 units in 1960. Over that period of time we have not seen as deep a decline as the present.

Conclusion: We are slowly crawling out of a major reversal in the housing industry and the long term average number continues to move downward as the month-by-month permit numbers continue to fall below the long term average.

Metriguard Inc
Attn: Sales Department
P.O. Box 399
Pullman, WA 99163
Phone 509-332-7526
Fax 509-332-0485
or E-MAIL sales@metriguard.com