Presentation is loading. Please wait.

Presentation is loading. Please wait.

NATIONAL ASSOCIATION OF HOME BUILDERS 2012 Single Family Starts = 535,000 Up 24% from 2011 This represents 44% of what would be considered normal (1.2170M)

Similar presentations


Presentation on theme: "NATIONAL ASSOCIATION OF HOME BUILDERS 2012 Single Family Starts = 535,000 Up 24% from 2011 This represents 44% of what would be considered normal (1.2170M)"— Presentation transcript:

1 NATIONAL ASSOCIATION OF HOME BUILDERS 2012 Single Family Starts = 535,000 Up 24% from 2011 This represents 44% of what would be considered normal (1.2170M) Forecast 2013 = 650,000 SF + 22% Forecast 2014 = 845,000 SF + 30%

2 CORE LOGIC IN 2012: Total Homes Sales Increased 6% Non-Distressed Home Sales Increased 11% REO Sales Declined 20% (3 rd consecutive decline) Serious Delinquencies Dropped 7.4% 6.9% Core Logic Home Price Index (based on repeat sales) Increased 6.3% (largest since 2006)

3 GLAR MLS 2012 Existing Home Sales Have Posted Six Consecutive Quarters of Sales Growth (starting in Q3 2011) Houses Sold on MLS vs.11 15,181 14,748 11,369 11,648 11,442 10,974 12, % Median Sales Price vs % Average and Cumulative Day on Market Both Down in 12 vs. 11

4 Residential Building Permits vs 11 Jefferson Oldham Shelby Spencer Bullitt % Clark Floyd Harrison % 8-County Total 2, % Note: Nelson % Hardin % Source: The Market Edge

5 Residential Building Permit 2012 Market Comparison %CHANGE MARKET 2012 vs LouisvilleKY42.5% LexingtonKY33.1% EvansvilleIN24.3% AshevilleNC21.5% CharlotteNC30.4% FayettevilleNC HickoryNC12.3% TriadNC 3.2% TriangleNC31.8% UpstateNC32.1% ChattanoogaTN27.7% KnoxvilleTN23.9% Tri-CitiesTN -4.5% Source: The Market Edge

6

7

8

9

10

11

12

13

14

15 Permits

16 Permits

17 Source: local government permitting departments J11J111 F MAMJJASONDJ 12 FMAMJJASOND -27.7% -18% -11.7% -22.5% -2.4% 59.6% 34.2% 13.2% -1.2% 97.5% 49.5% 48.8% 29.9% 38.6% 52.6%


Download ppt "NATIONAL ASSOCIATION OF HOME BUILDERS 2012 Single Family Starts = 535,000 Up 24% from 2011 This represents 44% of what would be considered normal (1.2170M)"

Similar presentations


Ads by Google