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Real Estate & Construction Industry Overview

 

Quantity

Unit

Date

Source

Existing Home Sales, 2011, U.S.1

4.26

Million

2011

NAR

Existing Home Sales, 2012, U.S.

4.61

Million

20122

NAR

New Single Family Home Sales, U.S.

302

Thousand

2011

Census

New Single Family Homes For Sale, U.S., End of Period

152

Thousand

2011

Census

Single & Multi-family Home Housing Starts (Private), U.S.

610

Thousand

2011

Census

Median Sales Price of New Single-Family Houses Sold, U.S.

225,800

US$

2011

Census

Average Sales Price of New Single-Family Houses Sold, U.S.

266,600

US$

2011

Census

Median Existing Home Sales Price, 2011, U.S.

166,100

US$

2011

NAR

Median Existing Home Sales Price, 2012, U.S.

168,000

US$

20122

NAR

Size of Median Newly Built Single Family Home, U.S.

2,152

Sq. Ft.

2015

NAHB

Placements of New Manufactured Homes, U.S.

49,200

Units

2011

Census

Real Estate Sales Volume Worldwide: Last 6 Months3

391.4

Bil. US$

Apr. 2012

RCA

U.S.3

126.5

Bil. US$

Apr. 2012

RCA

U.K.3

26.9

Bil. US$

Apr. 2012

RCA

Canada3

11.6

Bil. US$

Apr. 2012

RCA

Value of U.S. Construction Put into Place4

808.9

Bil. US$

2012

Census

Private4

527.3

Bil. US$

2012

Census

Residential4

246.5

Bil. US$

2012

Census

Non-Residential4

280.8

Bil. US$

2012

Census

Public4

281.6

Bil. US$

2012

Census

State & Local4

253.9

Bil. US$

2012

Census

Federal4

27.7

Bil. US$

2012

Census

Average 1-Year Adjustable Rate Mortgage Interest Rate

2.78

%

Apr. 2012

Freddie Mac

Average 15-Year Fixed-Rate Mortgage Interest Rate

3.21

%

Apr. 2012

Freddie Mac

Average 30-Year Fixed-Rate Mortgage Interest Rate

3.98

%

Apr. 2012

Freddie Mac

Total Outstanding Mortgage Debt, U.S.

13.4

Tril. US$

Q4 2011

Federal Reserve

Home Mortgage Debt, U.S.

10.2

Tril. US$

Q4 2011

Federal Reserve

Commercial Mortgage Debt, U.S.

2.2

Tril. US$

Q4 2011

Federal Reserve

Homeownership Rate (% of Households), U.S.

66.1

%

2011

Census

Percent Vacant of Total Housing Inventory, U.S.

14.2

%

2011

Census

Estimated Construction Industry Employment (NAICS 23), U.S.

5.5

Million

2011

BLS

Estimated Real Estate Industry Employment (NAICS 531), U.S.

1.4

Million

2011

BLS

Hotel Industry Revenue, U.S.

127.7

Bil. US$

2010

AH&LA

1 Existing home sales of single-family homes and condo/coops.  2 Estimate as of March 2012. 3 All property types.
 4 Annual Estimate released monthly.

NAR = National Association of Realtors

Census = U.S. Census Bureau

RCA = Real Capital Analytics

AH&LA = American Hotel & Lodging Association

BLS = U.S. Bureau of Labor Statistics

NAHB = National Association of Home Builders

Plunkett's Real Estate & Construction Industry Almanac 2012

Source: Plunkett Research, ® Ltd.  Copyright © 2012, All Rights Reserved.

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