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Real Estate & Construction Industry Overview

 

Quantity

Unit

Date

Source

Existing Home Sales, 2009, U.S.1

4.91

Million

2009

NAR

Existing Home Sales, 2010, U.S.

5.14

Million

20102

NAR

New Single Family Home Sales, U.S.

323

Thousand

2010

Census

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

188

Thousand

2010

Census

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

587

Thousand

2010

Census

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

221,900

US$

2010

Census

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

271,600

US$

2010

Census

Median Existing Home Sales Price, 2009, U.S.

172,900

US$

2010

NAR

Median Existing Home Sales Price, 2010, U.S.

156,100

US$

20112

NAR

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

2,152

Sq. Ft.

2010

Census

Placements of New Manufactured Homes, U.S.

49,400

Units

2010

Census

Real Estate Sales Volume Worldwide: Last 6 Months

462.2

Bil. US$

Apr. 2011

RCA

U.S.

110.9

Bil. US$

Apr. 2011

RCA

U.K.

35.1

Bil. US$

Apr. 2011

RCA

Canada

9.3

Bil. US$

Apr. 2011

RCA

Value of U.S. Construction Put into Place

814.5

Bil. US$

2010

Census

Private

508.2

Bil. US$

2010

Census

Residential

241.7

Bil. US$

2010

Census

Non-Residential

266.6

Bil. US$

2010

Census

Public

306.3

Bil. US$

2010

Census

State & Local

275.5

Bil. US$

2010

Census

Federal

30.8

Bil. US$

2010

Census

Average 1-Year Adjustable Rate Mortgage

3.25

%

Apr. 2011

Freddie Mac

Average 15-Year Fixed-Rate Mortgage

4.13

%

Apr. 2011

Freddie Mac

Average 30-Year Fixed-Rate Mortgage

4.91

%

Apr. 2011

Freddie Mac

Total Outstanding Mortgage Debt, U.S.

13.8

Tril. US$

Q4 2010

Federal Reserve

Home Mortgage Debt, U.S.

10.5

Tril. US$

Q4 2010

Federal Reserve

Commercial Mortgage Debt, U.S.

2.3

Tril. US$

Q4 2010

Federal Reserve

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

66.5

%

Q4 2010

Census

Gross Real Estate Vacancy Rate, U.S.

14.1

%

Q4 2010

Census

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

5.5

Million

2010

BLS

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

1.4

Million

2010

BLS

Hotel Industry Revenue, U.S.

127.2

Bil. US$

2009

AH&LA

1 Existing home sales of single-family homes and condo/coops.  2 Estimate as of February 2011.

NAR = National Association of Realtors

Census = U.S. Census Bureau

RCA = Real Capital Analytics

BEA = Bureau of Economic Analysis

BLS = U.S. Bureau of Labor Statistics

AH&LA = American Hotel & Lodging Association

 

 

 

 

 

Plunkett's Real Estate & Construction Industry Almanac 2011

Source: Plunkett Research, ® Ltd.  Copyright © 2011, All Rights Reserved.

www.plunkettresearch.com

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