Housing: United States Essay

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Freedonia Focus Reports US Collection

Housing: United States
February 2013

Industry Overview Residential Construction Expenditures | Housing Starts

Housing Forecasts Market Environment | Residential Construction Expenditure Forecasts Housing Start Forecasts | Housing Sales and Starts by Region
FU ICK LL TO O R E RD P O ER R T

Industry Structure Industry Composition | Industry Leaders | Additional Companies Cites Resources www.freedoniafocus.com

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Highlights

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Housing: United States

ABOUT THIS REPORT

Scope and Method
This report forecasts US residential construction expenditures, housing starts, new residential floor space, average floor space per new unit, and sales of existing housing. Residential construction expenditures are provided in US dollars and segmented by type in terms of: • • • new single (or single-family) units new multiple (or multifamily) units improvements.

Multiple-unit housing comprises townhouses, condominiums, and duplexes. Housing starts (in units), new residential floor space (in square feet), and average floor space per new unit (in square feet) are reported in terms of: • • • single-unit conventional housing multiple-unit conventional housing manufactured housing.

Housing starts count the date building foundations begins at a site, as well as placements of manufactured homes. Manufactured housing (factory-built housing assembled on a fixed chassis for transport) excludes modular and precut houses. Sales of existing houses and housing starts are reported in units and segmented by region as follows: Midwest, Northeast, South, and West. Existing housing refers to single-family, condominium, and co-op type housing. Total expenditures and the various segments are sized at five-year intervals for historical years 2007 and 2012 with a forecast to 2017. Forecasts emanate from the identification and analysis of pertinent statistical relationships and other historical trends/events as well as their expected progression/impact over the forecast period. Changes in quantities between reported years of a given total or segment are typically provided in terms of five-year compound annual growth rates (CAGRs). For the sake of brevity, forecasts are generally stated in smoothed CAGR-based descriptions to the forecast year, such as “demand is projected to rise 3.2% annually through 2016.” The result of any particular year over that period, however, may exhibit volatility and depart from a smoothed, long-term trend, as historical data typically illustrate. Key macroeconomic indicators are also provided at five-year intervals with CAGRs for the years corresponding to other reported figures. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report
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2013 by The Freedonia Group, Inc.

Housing: United States

items by page is available in the Table of Contents.

Sources
Housing: United States represents the synthesis and analysis of data from various primary, secondary, macroeconomic, and demographic sources including: • • • • • • • firms participating in the industry government/public agencies national, regional, and international non-governmental organizations trade associations and their publications the business and trade press The Freedonia Group Consensus Forecasts dated December 2012 and various indicators dated January 2013 the findings of other industry studies by The Freedonia Group.

Specific sources and additional resources are listed in the Resources section of this publication for reference and to facilitate further research.

Industry Codes
The topic of this report is related to the following industry codes:
NAICS/SCIAN 2007 North American Industry Classification System 236115 New Single-Family Housing Construction (except operative builders) New Multifamily Housing Construction (except operative builders) New Housing
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