For release 10:00 A.M., EDT, Tuesday, May 4, 1999 CB99-83 MARCH 1999 HOUSING COMPLETIONS AT AN ANNUAL RATE OF 1,723,000 Privately owned housing completions in March 1999 were at a seasonally adjusted annual rate of 1,723,000, according to estimates released jointly today by the U.S. Commerce Department's Bureau of the Census and the U.S. Department of Housing and Urban Development. This is 13(+/-7) percent above the revised February 1999 rate of 1,530,000, and 16(+/-7) percent above the March 1998 rate of 1,483,000. The March 1999 rate of single-family housing completions was 1,378,000. This is 10(+/-7) percent above the revised February 1999 rate of 1,250,000. The rate for units in buildings with five units or more was 297,000, and the rate for units in buildings with two to four units was 48,000. Through the first three months of this year 351,000 housing units have been completed compared with 300,400 for the same time period last year. This is an increase of 17(+/-4) percent. At the end of March 1999, the seasonally adjusted estimate of housing units under construction was 1,035,000. This is virtually unchanged (+/-1 percent) from the revised February 1999 figure of 1,032,000. Of these, 716,000 units were single-family structures, 294,000 were in buildings with five units or more, and 25,000 were in buildings with two to four units. The next press release is scheduled to be issued on Friday, June 4, 1999, at 10:00 A.M. EDT. EXPLANATORY NOTES In interpreting changes in the seasonally adjusted rate of housing completions, note that month-to-month changes often show movements which may be irregular. It may take 4 months to establish an underlying trend for total completions. The statistics in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting and undercoverage. Estimated average relative standard errors of preliminary data are shown in the tables. Whenever a statement such as "2(+/-3) percent above" appears in the text, this indicates the range (-1 to +5 percent) in which the actual percent change is likely to have occurred. All ranges given for percent changes are 90-percent confidence intervals and account only for sampling variability. If a range contains zero, it is uncertain whether there was an increase or decrease; that is, the change is not statistically significant. For any comparison cited without a confidence interval, the change is statistically significant. The January 1999 issue of Current Construction Reports, C22/99-1, will include explanations of confidence intervals and sampling variability. On average, the preliminary seasonally adjusted estimate of total housing completions is revised about +/-1 percent. Table 1. New Privately Owned Housing Units Completed (Thousands of units. Detail may not add to total because of rounding.) In structures with -- Period Total North- Midwest South West 3 and 4 5 units east 1 unit 2 units units or more 1a. Seasonally adjusted annual rate 1998 -March 1,483 1,133 50 300 120 349 642 372 April 1,484 1,175 39 270 135 322 699 328 May 1,457 1,114 48 295 133 319 678 327 June 1,480 1,169 45 266 134 310 686 350 July 1,549 1,230 31 288 133 337 711 368 August 1,517 1,183 40 294 151 296 702 368 September 1,459 1,184 35 240 150 255 685 369 October 1,455 1,164 53 238 131 288 661 375 November 1,600 1,254 42 304 147 303 734 416 December 1,440 1,150 39 251 146 295 633 366 1999 -January (r) 1,648 1,292 62 294 129 316 810 393 February (r) 1,530 1,250 35 245 120 309 743 358 March (p) 1,723 1,378 48 297 152 400 730 441 Average RSE (%) 2 3 16 7 7 7 4 3 1b. Not seasonally adjusted 1997 1,400.5 1,116.4 13.6 23.4 247.1 134.0 295.9 634.1 336.4 1998 1,474.2 1,159.7 16.2 24.4 273.9 137.3 305.1 671.6 360.2 Average RSE (%) 1 1 7 10 3 3 3 2 1 1998 First 3 months 300.4 233.5 3.1 5.9 57.9 25.9 61.8 137.0 75.8 1999 First 3 months 351.0 281.4 2.7 9.1 57.8 27.4 67.1 168.4 88.1 Average RSE (%) 2 2 13 24 6 7 6 3 3 1998 -March 111.2 85.5 1.1 3.0 21.6 8.0 23.9 50.6 28.7 April 115.3 90.8 1.3 2.1 21.1 9.2 25.4 56.6 24.0 May 118.9 89.9 1.4 2.5 25.0 11.4 25.5 54.5 27.5 June 127.7 100.5 1.5 1.8 23.9 12.0 26.9 59.0 29.9 July 133.6 103.1 0.9 1.8 27.7 10.9 30.2 60.0 32.4 August 138.6 104.6 1.8 2.0 30.2 12.8 28.2 64.5 33.1 September 130.9 107.6 1.8 1.4 20.1 14.4 25.0 59.2 32.3 October 133.3 108.1 1.8 2.5 21.0 12.6 27.5 58.5 34.7 November 139.0 111.5 1.3 2.2 23.9 13.6 27.2 61.7 36.4 December 136.6 110.0 1.3 2.3 22.9 14.5 27.3 60.6 34.1 1999 -January (r) 114.9 90.2 0.8 3.7 20.2 8.9 20.4 57.5 28.0 February (r) 103.1 85.2 1.2 1.3 15.4 7.9 18.8 52.0 24.3 March (p) 133.0 106.0 0.7 4.1 22.2 10.6 27.9 58.8 35.8 Average RSE (%) 2 3 20 22 7 7 7 4 3 (p) Preliminary. (r) Revised. (X) Not applicable. (Z) Less than 50 units or less than 0.5 percent. Average relative standard error (Avg. RSE): Annual -- Avg. RSE for the last 2 years; Year to Date -- Avg. RSE for the current period and the same period last year; Monthly -- Avg. RSE for the latest 6 month period (January-June or July-December). Table 2. Privately Owned Housing Units Under Construction (Thousands of units. Detail may not add to total because of rounding.) In structures with -- Period Total North- Midwest South West 3 and 4 5 units east 1 unit 2 units units or more 2a. Seasonally adjusted 1998 - March 911 617 32 262 95 189 398 229 April 911 618 32 261 94 190 394 233 May 916 626 32 258 96 187 396 237 June 930 639 32 259 97 188 403 242 July 938 642 33 263 97 185 410 246 August 939 644 32 263 97 184 411 247 September 946 648 31 267 97 187 414 248 October 968 659 30 279 100 193 428 247 November 971 667 30 274 98 195 434 244 December 999 688 29 282 101 202 444 252 1999 - January (r) 1011 697 27 287 102 205 448 256 February (r) 1032 712 26 294 103 211 459 259 March (p) 1035 716 25 294 104 209 466 256 Average RSE (%) 1 2 11 3 5 4 2 2 2b. Not seasonally adjusted 1998 -March 867.6 578.6 10.9 19.8 258.4 89.7 174.9 383.4 219.7 April 895.5 604.5 10.9 19.9 260.3 92.6 181.6 390.7 230.6 May 918.1 628.4 11.3 19.9 258.5 95.0 184.9 400.8 237.5 June 948.7 656.4 11.3 21.0 260.0 96.8 191.0 412.4 248.3 July 970.1 674.3 11.6 20.9 263.3 101.7 191.3 423.1 254.1 August 976.8 682.9 11.2 21.9 260.8 101.5 193.8 425.1 256.4 September 984.7 686.8 10.0 21.3 266.7 100.1 197.9 427.1 259.7 October 1003.9 689.0 9.4 21.7 283.9 103.6 207.4 437.6 255.3 November 988.0 678.4 9.0 22.2 278.4 102.1 203.2 436.0 246.6 December 970.8 659.1 8.3 20.5 282.9 98.5 201.2 428.5 242.6 1999 -January (r) 962.2 650.7 8.1 18.7 284.6 96.0 194.5 427.9 243.7 February (r) 969.6 654.2 7.5 18.1 289.8 97.7 191.8 437.0 243.1 March (p) 985.8 671.9 8.0 15.8 290.1 99.3 193.7 449.5 243.3 Average RSE (%) 1 2 8 15 3 5 4 2 2 (p) Preliminary. (r) Revised. (X) Not applicable. (Z) Less than 50 units or less than 0.5 percent. Average relative standard error (Avg. RSE): Annual -- Avg. RSE for the last 2 years; Year to Date -- Avg. RSE for the current period and the same period last year; Monthly -- Avg. RSE for the latest 6 month period (January-June or July-December). Source: Construction Reports, Series C22, Housing Completions. The C22 report is available from the U.S. Government Printing Office. Annual Subscription: $18.00. Questions regarding these data may be directed to Dale R. Jacobson, Residential Construction Branch, Manufacturing and Construction Division. Telephone: (301) 457-1321. The following data will appear in tables 2, and 4 through 9 in Current Construction Reports, "Housing Completions: March 1999". Table 2. New Privately Owned Housing Units Completed by Location and Type of Structure (Thousands of units. Detail may not add to total because of rounding) Period United States Inside MSA's Outside MSA's In structures with In structures with In structures with Total\2 1 unit 5+ units Total\2 1 unit 5+ units Total\2 1 unit 5+ units ANNUAL DATA 1988.... 1,530 1,085 389 1,286 876 365 244 208 24 1989.... 1,423 1,026 338 1,181 823 312 242 203 25 1990.... 1,308 966 297 1,060 759 267 248 207 30 1991.... 1,091 838 217 862 642 194 229 196 22 1992.... 1,158 964 158 910 752 133 248 212 25 1993.... 1,193 1,039 127 943 818 106 250 222 21 1994.... 1,347 1,160 155 1,086 929 135 261 232 20 1995.... 1,313 1,066 212 1,065 848 191 248 217 21 1996.... 1,413 1,129 251 1,163 913 226 249 215 25 1997.... 1,400 1,116 247 1,153 904 221 248 212 26 1998.... 1,474 1,160 274 1,229 951 248 246 208 26 QUARTERLY DATA 1993 1st qtr. 245 212 28 194 167 24 51 45 5 2nd qtr. 286 247 33 222 191 27 64 56 6 3rd qtr. 317 275 34 255 220 29 63 55 6 4th qtr. 345 305 32 273 240 27 73 66 5 1994 1st qtr. 270 238 25 219 193 21 51 46 3 2nd qtr. 336 291 37 274 236 32 63 55 5 3rd qtr. 361 308 45 292 246 40 70 62 6 4th qtr. 379 323 48 302 254 42 77 69 6 1995 1st qtr. 291 246 37 233 194 33 59 52 4 2nd qtr. 318 258 51 258 207 45 60 52 6 3rd qtr. 346 272 65 284 219 59 62 53 6 4th qtr. 357 289 59 289 229 54 67 60 5 1996 1st qtr. 293 235 52 243 192 47 50 44 5 2nd qtr. 342 270 66 285 222 59 57 48 7 3rd qtr. 382 301 71 314 243 64 69 59 7 4th qtr. 394 322 63 321 257 57 74 65 6 1997 1st qtr. 310 251 51 255 204 45 55 47 5 2nd qtr. 338 271 57 279 221 51 59 51 6 3rd qtr. 363 287 66 302 235 59 61 52 7 4th qtr. 389 307 73 316 244 65 72 63 7 1998 1st qtr. 300 234 58 250 193 52 50 40 6 2nd qtr. 362 281 70 304 233 63 58 49 7 3rd qtr. 403 315 78 338 260 71 65 56 8 4th qtr. 409 330 68 337 266 62 72 64 6 1999 1st qtr\p 351 281 58 294 232 53 57 50 5 AVERAGE RELATIVE STANDARD ERRORS\3 Annual(%) 1 1 3 1 1 3 4 4 13 Qtrly (%) 2 2 5 2 2 5 5 5 19 See footnotes at end of table. Table 2. New Privately Owned Housing Units Completed by Location and Type of Structure - Continued (Thousands of units. Detail may not add to total because of rounding) Period Northeast Midwest In structures with In structures with Total\2 1 unit 5+ units Total\2 1 unit 5+ units ANNUAL DATA 1988... 250 188 50 280 191 76 1989... 219 159 48 267 191 62 1990... 158 127 23 263 195 57 1991... 120 100 14 240 185 45 1992... 136 114 18 268 218 40 1993... 118 105 10 273 232 33 1994... 123 113 7 307 255 42 1995... 127 108 16 288 232 44 1996... 125 108 14 304 245 48 1997... 134 115 14 296 236 47 1998... 137 116 16 305 244 47 QUARTERLY DATA 1993 1st qtr... 24 21 2 51 42 9 2nd qtr... 27 24 2 64 55 7 3rd qtr... 29 26 2 74 63 9 4th qtr... 37 34 3 83 73 8 1994 1st qtr... 22 21 1 57 47 7 2nd qtr... 31 27 3 76 62 12 3rd qtr... 35 32 3 84 72 11 4th qtr... 35 33 1 90 75 13 1995 1st qtr... 30 26 3 62 51 8 2nd qtr... 29 25 3 75 59 14 3rd qtr... 33 27 6 79 61 15 4th qtr... 35 30 4 72 62 7 1996 1st qtr... 24 21 3 56 45 9 2nd qtr... 29 25 3 73 55 16 3rd qtr... 32 28 3 88 68 16 4th qtr... 40 34 5 87 76 8 1997 1st qtr... 32 27 5 61 48 10 2nd qtr... 32 28 3 70 57 10 3rd qtr... 35 30 (S) 81 63 15 4th qtr... 35 31 (S) 83 68 12 1998 1st qtr... 26 22 3 62 47 10 2nd qtr... 33 27 4 78 61 13 3rd qtr... 38 33 4 83 65 16 4th qtr... 41 34 5 82 70 8 1999 1st qtr\p. 27 23 3 67 55 9 AVERAGE RELATIVE STANDARD ERRORS\3 Annual (%) 3 2 14 3 3 10 Quarterly (%) 4 3 13 4 4 17 See footnotes at end of table. Table 2. New Privately Owned Housing Units Completed by Location and Type of Structure - Continued (Thousands of units. Detail may not add to total because of rounding) Period South West In structures with In structures with Total\2 1 unit 5+ units Total\2 1 unit 5+ units ANNUAL DATA 1988... 595 457 121 405 248 142 1989... 549 420 112 387 257 115 1990... 511 389 109 376 255 108 1991... 439 348 81 291 205 76 1992... 462 400 52 290 232 49 1993... 512 456 49 290 247 35 1994... 581 507 64 336 285 42 1995... 581 472 99 317 253 54 1996... 637 507 120 346 269 69 1997... 634 506 118 336 259 68 1998... 672 517 142 360 283 69 QUARTERLY DATA 1993 1st qtr... 109 99 9 60 50 8 2nd qtr... 121 105 14 74 62 10 3rd qtr... 139 123 13 74 63 9 4th qtr... 143 128 13 82 71 8 1994 1st qtr... 119 107 10 73 63 8 2nd qtr... 146 130 13 83 72 9 3rd qtr... 152 131 18 90 74 14 4th qtr... 164 139 23 90 77 11 1995 1st qtr... 130 110 18 69 58 9 2nd qtr... 140 114 22 74 60 12 3rd qtr... 152 121 28 82 64 16 4th qtr... 159 126 30 90 71 17 1996 1st qtr... 136 108 26 77 61 15 2nd qtr... 156 124 30 84 66 17 3rd qtr... 169 134 32 94 71 20 4th qtr... 177 141 32 91 71 17 1997 1st qtr... 143 120 20 74 56 16 2nd qtr... 152 121 28 83 65 16 3rd qtr... 163 128 32 84 66 16 4th qtr... 176 136 38 94 72 20 1998 1st qtr... 137 104 31 76 60 15 2nd qtr... 170 128 39 81 65 14 3rd qtr... 184 142 39 98 76 20 4th qtr... 181 144 33 105 81 21 1999 1st qtr\p. 168 132 32 88 71 14 AVERAGE RELATIVE STANDARD ERRORS\3 Annual (%) 2 2 4 1 1 3 Quarterly (%) 2 3 6 2 2 7 p Preliminary. r Revised. S Withheld because estimate did not meet publication standards on the basis of response rate, associated standard error, or a consistency review. 1 Metropolitan statistical areas. 2 Includes units completed in structures with two to four units. 3 Average Relative Standard Errors (Avg. RSE): Annual--Avg. RSE for the last 2 years; Quarterly--Avg. RSE for the latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). Table 4. New Privately Owned Housing Units Under Construction by Location and Type of Structure (Thousands of units. Detail may not add to total because of rounding) Period United States Inside MSA's\1 Outside MSA's\1 In structures In structures In structures with with with 5 units 5 units 5 units Total\2 1 unit or more Total\2 1 unit or more Total\2 1 unit or more QUARTERLY DATA 1993 1st qtr 600.9 471.1 111.7 451.6 344.0 94.7 149.3 127.1 17.0 2nd qtr 675.3 542.5 112.7 513.1 401.8 96.9 162.2 140.7 15.8 3rd qtr 707.6 572.4 114.4 538.5 423.7 100.0 169.1 148.7 14.4 4th qtr 680.1 543.0 118.2 521.0 404.7 102.9 159.1 138.3 15.3 1994 1st qtr 695.6 551.1 126.8 542.5 418.6 111.5 153.0 132.5 15.3 2nd qtr 776.8 608.9 150.5 605.0 459.4 132.8 171.7 149.4 17.7 3rd qtr 806.0 621.2 164.7 625.5 464.3 146.7 180.5 156.8 17.9 4th qtr 762.2 557.8 182.5 597.6 417.9 163.9 164.5 139.9 18.5 1995 1st qtr 732.3 520.5 190.9 584.5 396.7 172.5 147.8 123.7 18.4 2nd qtr 775.7 551.4 202.4 617.6 417.2 184.3 158.0 134.2 18.2 3rd qtr 813.4 584.7 206.8 645.3 441.8 187.3 168.1 143.0 19.5 4th qtr 775.9 547.2 207.7 620.1 417.0 187.4 155.8 130.2 20.3 1996 1st qtr 772.8 544.0 209.9 620.5 417.2 189.2 152.3 126.8 20.7 2nd qtr 845.1 610.5 208.0 672.9 465.2 188.1 172.2 `45.3 19.8 3rd qtr 858.9 624.5 209.1 680.0 473.2 188.3 178.9 151.3 20.9 4th qtr 792.3 550.0 214.3 629.9 417.2 191.6 162.4 132.9 22.7 1997 1st qtr 772.9 530.7 216.0 625.5 411.5 194.2 147.4 119.2 21.8 2nd qtr 845.0 579.7 239.3 680.0 446.0 214.6 165.0 133.8 24.7 3rd qtr 877.0 605.2 245.5 703.0 461.8 221.5 174.0 143.3 24.0 4th qtr 846.7 554.6 260.2 683.5 426.5 235.1 163.2 128.1 25.1 1998 1st qtr 867.6 578.6 258.4 710.2 452.7 234.5 157.5 125.8 23.9 2nd qtr 948.7 656.4 260.0 770.0 507.7 237.5 178.7 148.7 22.5 3rd qtr 984.7 686.8 266.7 798.0 528.0 245.5 186.7 158.8 21.2 4th qtr 970.8 659.1 282.9 794.8 510.8 261.2 176.0 148.4 21.7 1999 1st qtr\p 985.8 671.9 290.1 815.0 526.6 269.4 170.8 145.3 20.7 AVERAGE RELATIVE STANDARD ERRORS\3 End of period(%) 1 2 3 1 1 4 4 6 12 See footnotes at end of table. Table 4. New Privately Owned Housing Units Under Construction by Location and Type of Structure - Continued (Thousands of units. Detail may not add to total because of rounding) Period Northeast Midwest In structures with In structures with Total\2 1 unit 5+ units Total\2 1 unit 5+ units QUARTERLY DATA 1993 1st qtr... 76.9 58.9 16.0 130.4 101.9 22.9 2nd qtr... 86.0 68.1 16.0 153.0 120.2 26.4 3rd qtr... 94.3 76.1 16.2 161.9 129.6 25.6 4th qtr... 89.3 72.5 14.8 154.4 119.0 29.2 1994 1st qtr... 84.9 65.9 17.0 148.5 116.1 27.1 2nd qtr... 96.8 77.5 17.4 176.3 139.4 31.5 3rd qtr... 96.6 77.8 16.7 185.0 144.0 34.5 4th qtr... 96.3 77.0 17.2 173.5 128.1 38.2 1995 1st qtr... 88.7 69.9 16.7 155.3 111.4 37.6 2nd qtr... 94.7 73.2 19.4 162.0 121.4 33.8 3rd qtr... 94.4 76.4 16.1 172.8 131.4 34.2 4th qtr... 86.3 70.1 14.3 172.0 125.0 40.2 1996 1st qtr... 82.6 66.8 13.8 164.5 121.0 37.3 2nd qtr... 90.4 74.2 13.5 183.6 141.5 32.9 3rd qtr... 93.7 76.7 14.3 193.4 150.3 34.1 4th qtr... 85.2 68.1 14.0 178.0 128.7 39.4 1997 1st qtr... 77.8 60.2 14.6 164.9 119.5 36.2 2nd qtr... 82.2 63.1 16.2 185.5 134.9 41.6 3rd qtr... 86.7 65.7 18.0 190.9 143.9 37.9 4th qtr... 87.1 63.1 20.7 181.9 126.9 42.0 1998 1st qtr... 89.7 63.7 22.6 174.9 124.8 40.0 2nd qtr... 96.8 71.3 21.8 191.0 145.4 35.4 3rd qtr... 100.1 73.2 23.1 197.9 155.4 32.8 4th qtr... 98.5 70.2 24.8 201.2 152.3 39.6 1999 1st qtr\p. 99.3 71.0 25.2 193.7 149.5 36.6 AVERAGE RELATIVE STANDARD ERRORS\2 End of period(%) 6 3 22 4 5 8 See footnotes at end of table. Table 4. New Privately Owned Housing Units Under Construction by Location and Type of Structure - Continued (Thousands of units. Detail may not add to total because of rounding) Period South West In structures with In structures with Total\2 1 unit 5+ units Total\2 1 unit 5+ units QUARTERLY DATA 1993 1st qtr... 234.8 192.6 37.5 158.8 117.7 35.4 2nd qtr... 265.7 223.8 36.5 170.6 130.5 33.9 3rd qtr... 271.1 228.0 37.1 180.3 138.7 35.5 4th qtr... 265.4 219.1 40.9 170.9 132.4 33.3 1994 1st qtr... 286.5 231.5 49.4 175.6 137.7 33.3 2nd qtr... 316.9 245.9 65.7 186.7 146.0 36.0 3rd qtr... 330.3 250.6 74.0 194.1 148.7 39.4 4th qtr... 312.1 223.4 82.8 180.3 129.2 44.3 1995 1st qtr... 310.6 216.3 87.9 177.7 122.9 48.7 2nd qtr... 327.2 226.3 94.3 191.7 130.5 54.9 3rd qtr... 343.1 237.9 98.8 203.0 139.0 57.7 4th qtr... 331.4 226.7 98.5 186.3 125.3 54.8 1996 1st qtr... 335.7 231.4 98.5 190.0 124.8 60.2 2nd qtr... 363.2 257.9 97.6 208.0 136.9 64.1 3rd qtr... 364.4 259.2 98.2 207.5 138.3 62.5 4th qtr... 337.6 230.3 99.5 191.4 122.9 61.3 1997 1st qtr... 336.6 223.4 105.9 193.6 127.6 59.3 2nd qtr... 367.1 242.4 116.9 210.1 139.3 64.6 3rd qtr... 380.4 248.7 123.7 219.0 146.9 65.8 4th qtr... 364.8 226.4 129.4 213.0 138.2 68.0 1998 1st qtr... 383.4 245.4 127.7 219.7 144.7 68.1 2nd qtr... 412.4 275.5 126.0 248.3 164.2 76.8 3rd qtr... 427.1 286.1 130.1 259.7 172.2 80.6 4th qtr... 428.5 278.8 140.2 242.6 157.9 78.3 1999 1st qtr\p. 449.5 294.3 147.6 243.3 157.2 80.7 AVERAGE RELATIVE STANDARD ERRORS\3 End of period(%) 2 2 5 2 3 3 p Preliminary. r Revised. 1 Metropolitan statistical areas. 2 Includes units under construction in structures with 2 to 4 units. 3 Average Relative Standard Errors: Average for latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). Table 5. Seasonal Indexes Used to Adjust Housing Units Completed Period U.S. In structures with All units implicit 1 unit 2 to 4 5 units index\1 Northeast Midwest South West units or more 1998 December...... 113.8 119.7 114.9 114.4 113.4 108.8 109.8 1999 January\r..... 83.6 84.2 80.9 82.9 87.8 85.9 82.6 February\r.... 80.9 81.0 73.2 85.9 81.7 87.2 75.3 March\p....... 92.7 85.9 83.1 96.6 96.0 117.6 89.8 See footnotes at end of table. Table 5. Seasonal Indexes Used to Adjust Housing Units Completed - Continued Period All units Northeast Midwest South West 1998 December...... 122.3 113.9 117.8 114.7 1999 January\r..... 83.0 77.3 85.3 85.8 February\r.... 80.3 74.2 85.0 82.6 March\p....... 81.5 81.8 94.5 95.0 p Preliminary. r Revised. 1 The implicit seasonal index is the ratio of the unadjusted number of housing units completed in the United States to the seasonally adjusted national total of housing units completed. It provides an indication of the overall seasonality for the particular month. Note: These seasonal indexes include trading-day adjustment factors. Table 6. Seasonal Indexes Used to Adjust Housing Units Under Construction Period U.S. In structures with All units implicit 1 unit 2 to 4 5 units index\1 Northeast Midwest South West units or more 1998 December...... 97.2 98.1 96.2 95.5 94.9 102.1 100.4 1999 January\r..... 95.2 94.1 92.2 93.9 93.7 98.8 99.2 February\r.... 94.0 91.4 89.0 93.5 92.0 97.2 98.7 March\p....... 95.2 93.0 90.5 95.3 94.6 95.3 98.6 See footnotes at end of table. Table 6. Seasonal Indexes Used to Adjust Housing Units Under Construction - Continued Period All units Northeast Midwest South West 1998 December...... 98.1 99.5 96.4 95.9 1999 January\r..... 94.8 95.0 95.5 95.1 February\r.... 94.5 91.4 95.4 93.9 March\p....... 95.4 92.5 96.6 95.0 p Preliminary. r Revised. 1 The implicit seasonal index is the ratio of the unadjusted number of housing units under construction in the United States to the seasonally adjusted national total of housing units under construction. It provides an indication of the overall seasonality for the particular month. Note: These seasonal indexes include trading-day adjustment factors. Table 7A. Selected Characteristics of New One-Family Houses Completed (Detail may not add to total because of rounding. Percents computed from unrounded figures) Central air-conditioning Number of units (thousands) Percent distribution Period Total Installed Not installed Installed Not installed ANNUAL 1994...... 1,160 912 248 79 21 1995...... 1,066 846 219 80 20 1996...... 1,129 916 213 81 19 1997...... 1,116 917 199 82 18 1998\r.... 1,160 957 203 83 17 QUARTERLY 1994: 1st qtr... 238 189 49 79 21 2nd qtr... 291 226 64 78 22 3rd qtr... 308 243 65 79 21 4th qtr... 323 254 69 79 21 1995: 1st qtr... 246 192 54 78 22 2nd qtr... 258 209 49 81 19 3rd qtr... 272 214 58 79 21 4th qtr... 289 231 58 80 20 1996: 1st qtr... 235 190 45 81 19 2nd qtr... 270 220 50 82 18 3rd qtr... 301 246 56 82 18 4th qtr... 322 261 61 81 19 1997: 1st qtr... 251 208 43 83 17 2nd qtr... 271 224 47 82 18 3rd qtr... 287 235 52 82 18 4th qtr... 307 251 56 82 18 1998 1st qtr... 234 193 40 83 17 2nd qtr... 281 234 47 83 17 3rd qtr... 315 260 55 83 17 4th qtr\r. 330 269 61 82 18 1999 1st qtr\p. 281 242 40 86 14 AVG RSE's\1 Annual (%) 1 2 8 Quarterly (%) 2 2 9 See footnotes at end of table. Table 7A. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Heating fuel Number of units (thousands) Percent distribution Period Total Gas Electric Oil Other Gas Electric Oil Other or none or none ANNUAL 1994.... 1,160 772 333 39 16 67 29 3 1 1995.... 1,066 708 305 37 16 67 28 3 1 1996.... 1,129 781 299 37 11 69 26 3 1 1997.... 1,116 771 296 38 11 69 26 3 1 1998\r.. 1,160 809 307 34 10 70 26 3 1 QUARTERLY 1994: 1st qtr... 238 156 72 8 3 66 30 3 1 2nd qtr... 291 195 83 9 3 67 28 3 1 3rd qtr... 308 208 85 11 5 68 28 3 2 4th qtr... 323 214 93 11 5 66 29 3 1 1995: 1st qtr... 246 160 72 11 3 65 29 4 1 2nd qtr... 258 176 71 8 4 68 27 3 2 3rd qtr... 272 179 80 9 4 66 29 3 2 4th qtr... 289 194 81 10 4 67 28 3 1 1996: 1st qtr... 235 160 65 8 3 68 28 3 1 2nd qtr... 270 186 74 7 3 69 27 3 1 3rd qtr... 301 207 80 10 3 69 27 3 1 4th qtr... 322 225 80 13 3 70 25 4 1 1997: 1st qtr... 251 171 66 10 4 68 26 4 1 2nd qtr... 271 182 79 8 (B) 67 29 3 (B) 3rd qtr... 287 204 71 9 (B) 71 25 3 (B) 4th qtr... 307 214 80 11 3 70 26 3 1 1998 1st qtr... 234 159 65 7 (B) 68 28 3 (B) 2nd qtr... 281 194 77 8 (B) 69 27 3 (B) 3rd qtr... 315 223 81 10 (B) 71 26 3 (B) 4th qtr\r. 330 233 83 9 4 71 25 3 1 1999 1st qtr\p. 281 192 81 7 (B) 68 29 2 (B) AVG RSE's\1 Annual (%) 1 2 6 13 31 Quarterly (%) 2 2 6 15 36 See footnotes at end of table. Table 7A. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Heating system Number of units (thousands) Percent distribution Hot Hot Warm- water Other Warm- water Other air Heat or or air Heat or or Period Total furnace pump steam none\2 furnace pump steam none\2 ANNUAL 1994...... 1,160 778 281 60 41 67 24 5 4 1995...... 1,066 706 264 55 39 67 25 5 4 1996...... 1,129 789 258 54 28 70 23 5 2 1997...... 1,116 781 257 52 26 70 23 5 2 1998\r.... 1,160 835 248 46 30 72 21 4 3 QUARTERLY 1994: 1st qtr... 238 160 60 11 8 67 25 5 3 2nd qtr... 291 196 69 15 11 68 24 5 4 3rd qtr... 308 208 74 17 10 68 24 5 3 4th qtr... 323 215 78 18 12 67 24 5 4 1995: 1st qtr... 246 159 63 15 9 65 26 6 4 2nd qtr... 258 174 63 12 9 67 24 4 4 3rd qtr... 272 180 68 14 10 66 25 5 4 4th qtr... 289 193 70 15 11 67 24 5 4 1996: 1st qtr... 235 164 54 12 6 70 23 5 3 2nd qtr... 270 186 63 14 7 69 23 5 3 3rd qtr... 301 212 68 14 7 71 22 4 2 4th qtr... 322 225 73 15 8 70 23 5 3 1997: 1st qtr... 251 167 66 12 6 67 26 5 2 2nd qtr... 271 186 67 12 6 69 25 4 2 3rd qtr... 287 206 63 12 5 72 22 4 2 4th qtr... 307 217 67 16 8 71 22 5 3 1998 1st qtr... 234 166 52 10 6 71 22 4 3 2nd qtr... 281 201 65 9 7 71 23 3 2 3rd qtr... 315 229 67 13 6 73 21 4 2 4th qtr\r. 330 241 66 14 8 73 20 4 3 1999 1st qtr\p. 281 201 65 10 6 71 23 4 2 AVG RSE's\1 Annual (%) 1 1 5 14 17 Quarterly (%) 2 2 6 15 19 See footnotes at end of table. Table 7A. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Fireplaces Number of units (thousands) Percent distribution Total None 1 2 or more None 1 2 or more ANNUAL 1994........ 1,160 417 680 63 36 59 5 1995........ 1,066 394 615 56 37 58 5 1996........ 1,129 424 669 36 38 59 3 1997........ 1,116 433 634 49 39 57 4 1998\r...... 1,160 449 649 62 39 56 5 QUARTERLY 1994: 1st qtr..... 238 86 140 12 36 59 5 2nd qtr..... 291 102 169 19 35 58 7 3rd qtr..... 308 108 184 16 35 60 5 4th qtr..... 323 119 188 16 37 58 5 1995: 1st qtr..... 246 92 141 13 37 57 5 2nd qtr..... 258 86 157 15 33 61 6 3rd qtr..... 272 105 154 13 38 57 5 4th qtr..... 289 111 164 14 38 57 5 1996: 1st qtr..... 235 86 137 12 37 58 5 2nd qtr..... 270 95 161 14 35 60 5 3rd qtr..... 301 112 176 13 37 58 4 4th qtr..... 322 123 185 13 38 58 4 1997: 1st qtr..... 251 100 143 8 40 57 3 2nd qtr..... 271 102 156 13 38 58 5 3rd qtr..... 287 110 165 12 38 58 4 4th qtr..... 307 120 171 16 39 56 5 1998 1st qtr..... 234 89 132 12 38 57 5 2nd qtr..... 281 106 159 17 38 56 6 3rd qtr..... 315 122 177 17 39 56 5 4th qtr\r... 330 131 181 17 40 55 5 1999 1st qtr\p... 281 108 161 12 38 57 4 AVG RSE's\1 Annual (%) 1 4 2 6 Quarterly (%) 2 4 3 7 B Estimate withheld on the basis of sample size. p Preliminary. r Revised. 1 Average RSE's (Avg. RSE): Annual-Avg. RSE for the last 2 years; Quarterly-Avg. RSE for the latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). 2 Includes electric baseboard, panel, radiant heat, room or space heater, floor or wall furnace, solar heating, other types of heating systems or none. Table 7B. Selected Characteristics of New One-Family Houses Completed (Detail may not add to total because of rounding. Percents computed from unrounded figures) Stories Number of units (thousands) Percent distribution 2 or Split 2 or Split Period Total 1 more\1 level 1 more\1 level ANNUAL DATA 1994..... 1,160 571 549 40 49 47 3 1995..... 1,066 520 511 35 49 48 3 1996..... 1,129 559 535 35 49 47 3 1997..... 1,116 542 546 28 49 49 3 1998\r... 1,160 559 582 19 48 50 2 QUARTERLY DATA 1994: 1st qtr..... 238 121 110 7 51 46 3 2nd qtr..... 291 141 138 11 49 47 4 3rd qtr..... 308 152 145 11 49 47 4 4th qtr..... 323 157 156 10 49 48 3 1995: 1st qtr..... 246 119 119 8 49 48 3 2nd qtr..... 258 121 128 9 47 50 3 3rd qtr..... 272 135 129 9 50 47 3 4th qtr..... 289 144 135 10 50 47 3 1996: 1st qtr..... 235 122 106 7 52 45 3 2nd qtr..... 270 134 127 9 50 47 4 3rd qtr..... 301 144 148 9 48 49 3 4th qtr..... 322 159 153 10 49 48 3 1997: 1st qtr..... 251 125 119 7 50 47 3 2nd qtr..... 271 131 132 8 48 49 3 3rd qtr..... 287 136 143 8 47 50 3 4th qtr..... 307 150 152 5 49 49 2 1998 1st qtr..... 234 113 115 5 48 49 2 2nd qtr..... 281 134 142 5 48 51 2 3rd qtr..... 315 153 158 4 49 50 1 4th qtr\r... 330 158 166 5 48 50 2 1999 1st qtr\p... 281 138 141 3 49 50 1 AVG RSE's\3 Annual (%) 1 3 2 15 Quarterly (%) 2 3 3 17 See footnotes at end of table. Table 7B. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Bedrooms Number of units (thousands) Percent distribution 2 or 4 or 2 or 4 or Period Total less 3 more less 3 more ANNUAL DATA 1994..... 1,160 142 669 350 12 58 30 1995..... 1,066 137 610 319 13 57 30 1996..... 1,129 143 635 350 13 56 31 1997..... 1,116 142 624 350 13 56 31 1998\r... 1,160 139 642 379 12 55 33 QUARTERLY DATA 1994: 1st qtr..... 238 27 140 71 12 59 30 2nd qtr..... 291 38 164 89 13 56 31 3rd qtr..... 308 39 176 94 13 57 31 4th qtr..... 323 37 190 96 11 59 30 1995: 1st qtr..... 246 31 143 72 12 58 29 2nd qtr..... 258 31 148 79 12 57 31 3rd qtr..... 272 37 152 83 13 56 31 4th qtr..... 289 39 166 84 13 57 29 1996: 1st qtr..... 235 29 137 69 12 58 29 2nd qtr..... 270 35 151 84 13 56 31 3rd qtr..... 301 38 167 96 13 55 32 4th qtr..... 322 40 181 100 13 56 31 1997: 1st qtr..... 251 33 139 79 13 55 31 2nd qtr..... 271 33 153 85 12 56 31 3rd qtr..... 287 35 163 90 12 57 31 4th qtr..... 307 41 170 97 13 55 32 1998 1st qtr..... 234 28 131 75 12 56 32 2nd qtr..... 281 34 156 91 12 56 32 3rd qtr..... 315 36 175 104 11 55 33 4th qtr\r... 330 41 179 110 12 54 33 1998 1st qtr\p... 281 33 155 92 12 55 33 AVG RSE's\3 Annual (%) 1 5 2 3 Quarterly (%) 2 7 3 3 See footnotes at end of table. Table 7B. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Bathrooms Number of units (thousands) Percent distribution 1-1/2 3 or 1-1/2 3 or Period Total or less 2 2-1/2 more or less 2 2-1/2 more ANNUAL 1994...... 1,160 128 469 392 171 11 40 34 15 1995...... 1,066 120 434 348 163 11 41 33 15 1996...... 1,129 107 467 374 181 9 41 33 16 1997...... 1,116 98 461 373 185 9 41 33 17 1998\r.... 1,160 88 474 391 207 8 41 34 18 QUARTERLY 1994: 1st qtr... 238 26 101 78 34 11 42 33 14 2nd qtr... 291 31 116 98 46 11 40 34 16 3rd qtr... 308 35 124 104 46 11 40 34 15 4th qtr... 323 36 128 113 46 11 40 35 14 1995: 1st qtr... 246 29 99 81 36 12 40 33 15 2nd qtr... 258 27 100 87 44 10 39 34 17 3rd qtr... 272 33 111 88 40 12 41 32 15 4th qtr... 289 31 124 92 42 11 43 32 15 1996: 1st qtr... 235 21 105 74 35 9 45 31 15 2nd qtr... 270 26 110 90 44 9 41 33 16 3rd qtr... 301 29 121 100 52 10 40 33 17 4th qtr... 322 31 132 110 49 10 41 34 15 1997: 1st qtr... 251 24 104 81 42 10 41 32 17 2nd qtr... 271 23 114 90 44 9 42 33 16 3rd qtr... 287 24 119 99 44 8 42 35 15 4th qtr... 307 26 123 103 55 8 40 34 18 1998 1st qtr... 234 18 97 77 41 8 42 33 18 2nd qtr... 281 21 116 95 50 7 41 34 18 3rd qtr... 315 24 130 107 54 8 41 34 17 4th qtr\r. 330 25 131 113 60 8 40 34 18 1999 1st qtr\p. 281 20 116 96 50 7 41 34 18 AVG RSE's\3 Annual (%) 1 6 3 3 3 Quarterly (%) 2 8 4 4 3 See footnotes at end of table. Table 7B. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Principal exterior wall material Number of units (thousands) Vinyl Aluminum Period Total Brick Wood Stucco siding siding Other\2 ANNUAL DATA 1994..... 1,160 247 313 175 322 45 57 1995..... 1,066 217 264 164 325 34 62 1996..... 1,129 235 254 175 371 26 68 1997..... 1,116 231 211 178 405 18 73 1998\r... 1,160 241 184 208 432 17 77 QUARTERLY DATA 1994: 1st qtr..... 238 53 65 39 58 9 12 2nd qtr..... 291 66 84 43 73 12 13 3rd qtr..... 308 66 80 45 91 12 13 4th qtr..... 323 63 84 49 99 12 17 1995: 1st qtr..... 246 55 60 36 71 9 14 2nd qtr..... 258 51 70 40 76 9 12 3rd qtr..... 272 54 67 40 86 8 17 4th qtr..... 289 57 68 47 91 8 18 1996: 1st qtr..... 235 50 57 38 68 6 15 2nd qtr..... 270 60 63 42 81 6 19 3rd qtr..... 301 61 67 47 101 7 18 4th qtr..... 322 64 65 46 119 7 21 1997: 1st qtr..... 251 56 52 39 84 4 16 2nd qtr..... 271 52 54 45 97 4 18 3rd qtr..... 287 61 51 45 108 5 17 4th qtr..... 307 62 54 49 115 5 21 1998 1st qtr..... 234 48 39 46 82 3 15 2nd qtr..... 281 60 46 50 103 4 18 3rd qtr..... 315 66 49 54 120 5 22 4th qtr\r... 330 68 50 58 127 5 22 1999 1st qtr\p... 281 61 40 54 103 3 21 AVG RSE's\3 Annual (%) 1 7 8 6 5 16 8 Quarterly (%) 2 7 10 7 5 15 10 See footnotes at end of table. Table 7B. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Principal exterior wall material Percent distribution Vinyl Aluminum Period Total Brick Wood Stucco siding siding Other\2 ANNUAL DATA 1994...... 100 21 27 15 28 4 5 1995...... 100 20 25 16 30 3 6 1996...... 100 21 23 16 33 2 6 1997...... 100 21 19 16 36 2 6 1998\r.... 100 21 16 18 37 1 7 QUARTERLY DATA 1994: 1st qtr... 100 22 28 17 24 4 5 2nd qtr... 100 23 29 15 25 4 5 3rd qtr... 100 21 26 15 30 4 4 4th qtr... 100 19 26 15 31 4 5 1995: 1st qtr... 100 22 25 15 29 4 6 2nd qtr... 100 20 27 16 29 3 5 3rd qtr... 100 20 25 15 31 3 6 4th qtr... 100 20 23 16 31 3 6 1996: 1st qtr... 100 21 24 16 29 3 7 2nd qtr... 100 22 23 16 30 2 7 3rd qtr... 100 20 22 16 33 2 6 4th qtr... 100 20 20 14 37 2 7 1997 1st qtr... 100 22 21 16 34 1 6 2nd qtr... 100 19 20 17 36 2 7 3rd qtr... 100 21 18 16 37 2 6 4th qtr... 100 20 18 16 37 2 7 1998 1st qtr... 100 21 17 20 35 1 6 2nd qtr... 100 21 16 18 37 1 6 3rd qtr... 100 21 16 17 38 2 7 4th qtr\r. 100 21 15 18 38 2 7 1999 1st qtr\p. 100 22 14 19 36 1 7 p Preliminary. r Revised. X Not applicable. 1 Includes a small number of houses with one and one-half, two and one-half or three stories. 2 Includes cinder block, stone, and other types. 3 Average RSE's (Avg. RSE): Annual-Avg. RSE for the last 2 years; Quarterly-Avg. RSE for the latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). Table 7C. Selected Characteristics of New One-Family Houses Completed (Detail may not add to total because of rounding. Percents computed from unrounded figures) Foundation Number of units (thousands) Percent distribution Full or Full or partial Crawl partial Crawl Period Total basement Slab space basement Slab space ANNUAL DATA 1994...... 1,160 453 478 229 39 41 20 1995...... 1,066 413 449 204 39 42 19 1996...... 1,129 420 498 211 37 44 19 1997...... 1,116 409 500 207 37 45 19 1998\r.... 1,160 427 524 209 37 45 18 QUARTERLY DATA 1994: 1st qtr..... 238 87 103 48 37 43 20 2nd qtr..... 291 113 118 59 39 41 20 3rd qtr..... 308 123 127 58 40 41 19 4th qtr..... 323 128 131 64 40 40 20 1995: 1st qtr..... 246 95 103 48 39 42 19 2nd qtr..... 258 102 107 49 40 42 19 3rd qtr..... 272 104 115 53 39 42 20 4th qtr..... 289 111 124 54 39 43 19 1996: 1st qtr..... 235 82 110 43 35 46 18 2nd qtr..... 270 97 121 52 36 45 19 3rd qtr..... 301 112 134 55 37 44 18 4th qtr..... 322 126 136 60 39 42 19 1997: 1st qtr..... 251 88 114 49 35 45 19 2nd qtr..... 271 100 123 49 37 45 18 3rd qtr..... 287 108 128 52 37 45 18 4th qtr..... 307 114 136 57 37 44 19 1998 1st qtr..... 234 87 108 39 37 46 17 2nd qtr..... 281 100 132 49 35 47 18 3rd qtr..... 315 115 139 62 37 44 20 4th qtr\r... 330 125 146 59 38 44 18 1999 1st qtr\p... 281 94 140 47 33 50 17 AVG RSE's\1 Annual (%) 1 4 4 8 Quarterly (%) 2 4 4 10 See footnotes at end of table. Table 7C. Selected Characteristics of New One-Family Houses Completed - Con. (Detail may not add to total because of rounding. Percents computed from unrounded figures) Parking facility Number of units (thousands) No Garage: garage Garage: Garage: 3 cars or Period Total 1 car 2 cars or more Carport carport ANNUAL 1994........ 1,160 92 749 152 19 148 1995........ 1,066 84 673 141 17 150 1996........ 1,129 88 717 161 16 146 1997........ 1,116 83 716 158 15 144 1998\r...... 1,160 81 742 179 15 142 QUARTERLY 1994: 1st qtr..... 238 19 157 29 4 29 2nd qtr..... 291 22 187 40 4 38 3rd qtr..... 308 25 199 41 4 40 4th qtr..... 323 26 207 43 6 42 1995: 1st qtr..... 246 21 157 32 3 33 2nd qtr..... 258 20 163 36 4 35 3rd qtr..... 272 20 170 36 5 41 4th qtr..... 289 24 183 37 5 41 1996: 1st qtr..... 235 17 152 34 4 29 2nd qtr..... 270 21 171 40 4 34 3rd qtr..... 301 25 189 43 3 41 4th qtr..... 322 26 204 45 4 43 1997: 1st qtr..... 251 19 161 34 4 33 2nd qtr..... 271 20 175 39 4 34 3rd qtr..... 287 22 189 37 4 35 4th qtr..... 307 22 193 48 3 41 1998 1st qtr..... 234 17 151 37 3 26 2nd qtr..... 281 22 179 42 3 36 3rd qtr..... 315 22 204 48 4 37 4th qtr\r... 330 21 209 52 4 43 1999 1st qtr\p... 281 19 182 44 4 33 AVG RSE's\1 Annual (%) 1 5 2 3 14 6 Quarterly (%) 2 7 2 4 20 7 Percent distribution No Garage: garage Garage: Garage: 3 cars or Period Total 1 car 2 cars or more Carport carport ANNUAL 1994..... 100 8 65 13 2 13 1995..... 100 8 63 13 2 14 1996..... 100 8 64 14 1 13 1997..... 100 7 64 14 1 13 1998\r... 100 7 64 15 1 12 QUARTERLY 1994: 1st qtr..... 100 8 66 12 2 12 2nd qtr..... 100 7 64 14 1 13 3rd qtr..... 100 8 65 13 1 13 4th qtr..... 100 8 64 13 2 13 1995: 1st qtr..... 100 8 64 13 1 13 2nd qtr..... 100 8 63 14 2 14 3rd qtr..... 100 7 62 13 2 15 4th qtr..... 100 8 63 13 2 14 1996: 1st qtr..... 100 7 64 14 2 12 2nd qtr..... 100 8 63 15 1 12 3rd qtr..... 100 8 63 14 1 14 4th qtr..... 100 8 64 14 1 13 1997: 1st qtr..... 100 8 64 14 1 13 2nd qtr..... 100 7 64 14 1 13 3rd qtr..... 100 8 66 13 1 12 4th qtr..... 100 7 63 16 1 13 1998 1st qtr..... 100 7 65 16 1 11 2nd qtr..... 100 8 64 15 1 13 3rd qtr..... 100 7 65 15 1 12 4th qtr\r... 100 6 63 16 1 13 1999 1st qtr\p... 100 7 65 16 1 12 See footnotes at end of table. Table 7C. Selected Characteristics of New One-Family Houses Completed (Detail may not add to total because of rounding. Percents computed from unrounded figures) Square feet of floor area Number of units (thousands) 1,200 1,600 2,000 2,400 3,000 Under to to to to or Period Total 1,200 1,599 1,999 2,399 2,999 more ANNUAL DATA 1994...... 1,160 101 242 275 209 178 154 1995...... 1,066 103 230 245 185 161 141 1996...... 1,129 98 232 257 206 182 153 1997...... 1,116 88 232 251 204 178 164 1998\r.... 1,160 83 237 258 208 191 182 QUARTERLY DATA 1994: 1st qtr..... 238 20 53 55 43 38 29 2nd qtr..... 291 25 60 68 52 44 41 3rd qtr..... 308 27 63 75 56 47 40 4th qtr..... 323 29 66 76 58 49 44 1995: 1st qtr..... 246 22 50 58 44 37 34 2nd qtr..... 258 24 54 60 43 40 37 3rd qtr..... 272 30 62 61 46 41 33 4th qtr..... 289 28 64 66 52 43 37 1996: 1st qtr..... 235 21 51 54 40 38 31 2nd qtr..... 270 22 57 62 48 41 40 3rd qtr..... 301 26 61 68 58 48 40 4th qtr..... 322 28 64 73 60 54 42 1997: 1st qtr..... 251 21 54 53 47 39 38 2nd qtr..... 271 21 55 62 48 44 39 3rd qtr..... 287 23 59 68 53 45 39 4th qtr..... 307 22 64 67 56 50 47 1998 1st qtr..... 234 16 50 51 44 37 36 2nd qtr..... 281 21 58 64 49 46 43 3rd qtr..... 315 22 65 71 57 51 49 4th qtr\r... 330 24 64 72 58 57 54 1999 1st qtr\p... 281 19 53 64 50 49 46 AVG RSE's\1 Annual (%) 1 7 4 2 3 3 4 Quarterly (%) 2 10 5 4 4 4 5 Percent distribution 1,200 1,600 2,000 2,400 3,000 Under to to to to or Period Total 1,200 1,599 1,999 2,399 2,999 more ANNUAL 1994..... 100 9 21 24 18 15 13 1995..... 100 10 22 23 17 15 13 1996..... 100 9 21 23 18 16 14 1997..... 100 8 21 22 18 16 15 1998\r... 100 7 20 22 18 16 16 QUARTERLY 1994: 1st qtr..... 100 8 22 23 18 16 12 2nd qtr..... 100 9 21 23 18 15 14 3rd qtr..... 100 9 20 24 18 15 13 4th qtr..... 100 9 21 24 18 15 14 1995: 1st qtr..... 100 9 20 24 18 15 14 2nd qtr..... 100 9 21 23 17 16 14 3rd qtr..... 100 11 23 22 17 15 12 4th qtr..... 100 10 22 23 18 15 13 1996: 1st qtr..... 100 9 22 23 17 16 13 2nd qtr..... 100 8 21 23 18 15 15 3rd qtr..... 100 9 20 22 19 16 13 4th qtr..... 100 9 20 23 19 17 13 1997: 1st qtr..... 100 8 21 21 19 16 15 2nd qtr..... 100 8 20 23 18 16 15 3rd qtr..... 100 8 21 24 18 16 14 4th qtr..... 100 7 21 22 18 16 15 1998 1st qtr..... 100 7 21 22 19 16 15 2nd qtr..... 100 7 21 23 18 16 15 3rd qtr..... 100 7 21 22 18 16 15 4th qtr\r... 100 7 19 22 18 17 17 1999 1st qtr\p... 100 7 19 23 18 17 16 See footnotes at end of table. Table 7C. Selected Characteristics of New One-Family Houses Completed (Detail may not add to total because of rounding. Percents computed from unrounded figures) Square feet of floor area Period Median Average ANNUAL DATA 1994...... 1,940 2,100 1995...... 1,920 2,095 1996...... 1,950 2,120 1997...... 1,975 2,150 1998\r.... 2,000 2,190 QUARTERLY DATA 1994: 1st qtr..... 1,910 2,090 2nd qtr..... 1,945 2,110 3rd qtr..... 1,930 2,095 4th qtr..... 1,945 2,110 1995: 1st qtr..... 1,945 2,110 2nd qtr..... 1,930 2,125 3rd qtr..... 1,870 2,060 4th qtr..... 1,915 2,080 1996: 1st qtr..... 1,935 2,100 2nd qtr..... 1,945 2,135 3rd qtr..... 1,975 2,130 4th qtr..... 1,965 2,120 1997: 1st qtr..... 1,985 2,150 2nd qtr..... 1,965 2,150 3rd qtr..... 1,945 2,130 4th qtr..... 2,000 2,170 1998 1st qtr..... 2,000 2,180 2nd qtr..... 1,985 2,165 3rd qtr..... 2,000 2,190 4th qtr\r... 2,015 2,220 1999 1st qtr\p... 2,035 2,220 AVG RSE's\1 Annual (%) 1 1 Quarterly (%) 1 1 p Preliminary. r Revised. 1 Average RSE's (Avg. RSE): Annual-Avg. RSE for the last 2 years; Quarterly- Avg. RSE for the latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). Table 8. Selected Characteristics of Housing Units in New Privately Owned Buildings Completed With 2 Units or More (Detail may not add to total because of rounding. Percents computed from unrounded figures) Number of floors per building Number of units (thousands) Percent distribution Period Total 1 to 3 4 or more 1 to 3 4 or more ANNUAL DATA 1994...... 187 173 14 92 8 1995...... 247 228 19 92 8 1996...... 284 267 17 94 6 1997...... 284 259 25 91 9 1998\r.... 314 287 27 91 9 QUARTERLY DATA 1994: 1st qtr...... 32 29 3 91 9 2nd qtr...... 46 43 3 94 6 3rd qtr...... 53 47 6 89 11 4th qtr...... 56 53 3 95 5 1995: 1st qtr...... 46 43 3 94 6 2nd qtr...... 60 58 2 96 4 3rd qtr...... 74 68 6 91 9 4th qtr...... 67 60 7 90 10 1996: 1st qtr...... 58 54 4 93 7 2nd qtr...... 72 69 3 96 4 3rd qtr...... 81 75 6 93 7 4th qtr...... 73 68 5 94 6 1997: 1st qtr...... 59 55 4 93 7 2nd qtr...... 67 62 5 92 8 3rd qtr...... 76 69 7 91 9 4th qtr...... 82 73 9 89 11 1998 1st qtr...... 67 61 6 92 8 2nd qtr...... 81 73 8 90 10 3rd qtr...... 88 82 6 93 7 4th qtr\r.... 79 71 9 89 11 1999 1st qtr\p... 70 62 7 90 10 AVERAGE RELATIVE STANDARD ERRORS\2 Annual (%) 3 3 7 Quarterly (%) 5 5 6 See footnotes at end of table. Table 8. Selected Characteristics of Housing Units in New Privately Owned Buildings Completed With 2 Units or More - continued (Detail may not add to total because of rounding. Percents computed from unrounded figures) Number of units per building Number of units (thousands) Period Total 2 to 4 5 to 9 10 to 19 20 to 29 30 to 49 50 or more ANNUAL 1994...... 187 32 42 49 28 21 14 1995...... 247 35 46 69 54 24 19 1996...... 284 33 51 88 58 29 26 1997...... 284 37 54 86 57 22 28 1998\r.... 314 41 46 88 80 23 37 QUARTERLY 1994: 1st qtr...... 32 7 6 8 4 3 3 2nd qtr...... 46 8 8 11 5 8 5 3rd qtr...... 53 8 13 14 8 6 5 4th qtr...... 56 8 15 15 11 5 2 1995: 1st qtr...... 46 9 10 12 8 4 2 2nd qtr...... 60 9 12 18 12 5 4 3rd qtr...... 74 9 12 21 17 10 5 4th qtr...... 67 9 11 18 17 5 8 1996: 1st qtr...... 58 6 12 16 14 5 4 2nd qtr...... 72 6 11 25 14 9 7 3rd qtr...... 81 10 12 26 15 9 9 4th qtr...... 73 10 16 21 14 6 6 1997: 1st qtr...... 59 8 10 20 11 4 6 2nd qtr...... 67 10 12 25 12 4 5 3rd qtr...... 76 10 15 20 16 8 8 4th qtr...... 82 9 16 21 18 6 11 1998 1st qtr...... 67 9 10 22 19 4 4 2nd qtr...... 81 11 11 23 21 6 9 3rd qtr...... 88 10 11 25 23 7 13 4th qtr\r.... 79 11 15 19 16 7 12 1999 1st qtr\p.... 70 12 15 16 12 5 10 AVERAGE RELATIVE STANDARD ERRORS\2 Annual (%) 3 7 6 6 7 14 9 Quarterly (%) 5 12 10 10 8 19 14 Percent distribution Number of units per building Period Total 2 to 4 5 to 9 10 to 19 20 to 29 30 to 49 50 or more ANNUAL 1994...... 100 17 23 26 15 11 8 1995...... 100 14 19 28 22 10 8 1996...... 100 12 18 31 20 10 9 1997...... 100 13 19 30 20 8 10 1998\r.... 100 13 15 28 25 7 12 QUARTERLY 1994: 1st qtr... 100 23 20 26 14 8 9 2nd qtr... 100 19 18 25 11 17 10 3rd qtr... 100 14 24 27 15 11 9 4th qtr... 100 15 27 26 20 8 3 1995: 1st qtr... 100 19 23 25 19 10 5 2nd qtr... 100 14 20 31 20 8 7 3rd qtr... 100 12 17 28 23 13 6 4th qtr... 100 13 17 26 26 7 11 1996: 1st qtr... 100 11 20 28 25 8 7 2nd qtr... 100 8 16 35 20 12 10 3rd qtr... 100 13 14 32 19 11 11 4th qtr... 100 14 22 28 19 8 8 1997: 1st qtr... 100 14 18 33 19 7 9 2nd qtr... 100 15 18 37 18 7 7 3rd qtr... 100 13 19 27 21 10 10 4th qtr... 100 11 20 26 22 8 13 1998 1st qtr... 100 13 15 33 28 5 6 2nd qtr... 100 13 14 29 26 7 11 3rd qtr... 100 11 13 28 26 8 14 4th qtr\r. 100 14 19 23 20 8 15 1999 1st qtr\p... 100 17 22 23 18 7 14 See footnotes at end of table. Table 8. Selected Characteristics of Housing Units in New Privately Owned Buildings Completed With 2 Units or More - continued (Detail may not add to total because of rounding. Percents computed from unrounded figures) Number of bedrooms per unit Number of units (thousands) Percent distribution Effi- 3 Effi- 3 Period Total ciency 1 2 or more ciency 1 2 or more ANNUAL 1994...... 187 4 51 104 29 2 27 56 15 1995...... 247 5 65 138 40 2 26 56 16 1996...... 284 4 76 157 47 2 27 55 17 1997...... 284 6 76 155 46 2 27 55 16 1998\r.... 314 7 93 163 51 2 30 52 16 QUARTERLY 1994: 1st qtr... 32 1 8 19 4 2 26 58 14 2nd qtr... 46 1 12 26 6 1 27 58 14 3rd qtr... 53 1 13 29 10 3 25 54 18 4th qtr... 56 1 15 31 9 2 27 55 16 1995: 1st qtr... 46 1 10 28 7 2 22 61 16 2nd qtr... 60 2 14 34 10 3 24 56 17 3rd qtr... 74 2 18 42 13 2 24 57 17 4th qtr... 67 1 22 35 10 1 32 51 15 1996: 1st qtr... 58 1 16 33 8 2 28 56 14 2nd qtr... 72 2 20 41 10 3 27 56 13 3rd qtr... 81 (Z) 21 45 15 1 26 55 18 4th qtr... 73 1 18 40 14 1 25 55 19 1997: 1st qtr... 59 3 14 34 8 4 24 58 13 2nd qtr... 67 1 18 39 9 1 26 59 14 3rd qtr... 76 1 20 40 15 1 26 53 19 4th qtr... 82 2 24 41 14 2 30 50 17 1998 1st qtr... 67 1 19 36 10 2 28 54 16 2nd qtr... 81 2 22 43 13 2 27 54 16 3rd qtr... 88 2 28 42 15 3 32 48 17 4th qtr\r. 79 2 24 41 13 2 30 51 17 1999 1st qtr\p... 70 1 21 33 15 1 30 48 21 AVERAGE RELATIVE STANDARD ERRORS\2 Annual (%) 3 16 5 4 5 Quarterly (%) 5 21 8 6 7 See footnotes at end of table. Table 8. Selected Characteristics of Housing Units in New Privately Owned Buildings Completed With 2 Units or More - continued (Detail may not add to total because of rounding. Percents computed from unrounded figures) Number of bathrooms per unit Number of units (thousands) Percent distribution Period Total 1 1-1/2 2 or more 1 1-1/2 2 or more ANNUAL DATA 1994...... 187 89 15 82 48 8 44 1995...... 247 106 20 121 43 8 49 1996...... 284 115 24 145 40 8 51 1997...... 284 120 25 139 42 9 49 1998\r.... 314 136 23 156 43 7 49 QUARTERLY DATA 1994: 1st qtr...... 32 14 3 16 43 8 49 2nd qtr...... 46 23 4 18 51 9 40 3rd qtr...... 53 23 3 27 43 6 51 4th qtr...... 56 29 5 22 52 10 39 1995: 1st qtr...... 46 20 4 21 45 10 46 2nd qtr...... 60 27 5 27 46 8 46 3rd qtr...... 74 29 4 41 39 6 55 4th qtr...... 67 28 7 32 41 11 48 1996: 1st qtr...... 58 22 5 31 38 9 54 2nd qtr...... 72 34 5 34 47 7 47 3rd qtr...... 81 31 8 42 38 10 52 4th qtr...... 73 28 6 40 38 8 54 1997: 1st qtr...... 59 26 5 28 44 8 48 2nd qtr...... 67 26 7 33 39 11 50 3rd qtr...... 76 32 8 37 41 10 49 4th qtr...... 82 37 5 40 45 6 49 1998 1st qtr...... 67 28 6 33 41 9 50 2nd qtr...... 81 34 7 40 42 9 49 3rd qtr...... 88 40 5 43 45 5 49 4th qtr\r.... 79 34 5 40 43 6 51 1999 1st qtr\p... 70 26 6 38 38 8 54 AVERAGE RELATIVE STANDARD ERRORS\2 Annual (%) 3 4 15 4 Quarterly (%) 5 7 14 5 See footnotes at end of table. Table 8. Selected Characteristics of Housing Units in New Privately Owned Buildings Completed With 2 Units or More - continued (Detail may not add to total because of rounding. Percents computed from unrounded figures) Square feet per unit Period Median Average ANNUAL DATA 1994......... 1,015 1,035 1995......... 1,040 1,080 1996......... 1,030 1,070 1997......... 1,050 1,095 1998\r....... 1,020 1,065 QUARTERLY DATA 1994: 1st qtr...... 1,025 1,070 2nd qtr...... 975 1,010 3rd qtr...... 1,015 1,040 4th qtr...... 1,025 1,030 1995: 1st qtr...... 1,065 1,095 2nd qtr...... 1,040 1,075 3rd qtr...... 1,055 1,095 4th qtr...... 1,005 1,045 1996: 1st qtr...... 1,010 1,010 2nd qtr...... 1,020 1,185 3rd qtr...... 1,015 1,115 4th qtr...... 1,070 1,080 1997: 1st qtr...... 1,020 1,100 2nd qtr...... 1,040 1,065 3rd qtr...... 1,055 1,090 4th qtr...... 1,075 1,115 1998 1st qtr...... 1,030 1,075 2nd qtr...... 1,020 1,070 3rd qtr...... 995 1,060 4th qtr\r.... 1,030 1,060 1999 1st qtr\p... 1,060 1,095 AVERAGE RELATIVE STANDARD ERRORS\2 Annual (%) 1 1 Quarterly (%) 2 2 p Preliminary. r Revised. 1 Figures based on exterior dimensions times number of floors divided by number of units. 2 Average Relative Standard Errors (Avg. RSE): Annual--Avg. RSE for the last 2 years; Quarterly--Avg. RSE for the latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). Z Fewer than 500 units or less than 0.5 percent. Table 9. Selected Characteristics of New Privately Owned Buildings Completed with 2 Units or More (Detail may not add to total because of rounding. Percents computed from unrounded figures) Number of buildings (thousands) Number of units per building Period Total 2 to 4 5 to 9 10 to 19 20 to 29 30 to 49 50 or more ANNUAL 1994...... 23 11 6 4 1 1 (Z) 1995...... 27 13 6 5 2 1 (Z) 1996...... 29 12 7 7 3 1 (Z) 1997...... 30 13 7 6 2 1 (Z) 1998\r.... 32 15 6 6 3 1 (Z) QUARTERLY DATA 1994: 1st quarter... 4 2 1 1 (Z) (Z) (Z) 2nd quarter... 6 3 1 1 (Z) (Z) (Z) 3rd quarter... 6 3 2 1 (Z) (Z) (Z) 4th quarter... 7 3 2 1 (Z) (Z) (Z) 1995: 1st quarter... 6 3 1 1 (Z) (Z) (Z) 2nd quarter... 7 3 2 1 1 (Z) (Z) 3rd quarter... 8 3 2 2 1 (Z) (Z) 4th quarter... 7 3 2 1 1 (Z) (Z) 1996: 1st quarter... 6 2 2 1 1 (Z) (Z) 2nd quarter... 7 2 2 2 1 (Z) (Z) 3rd quarter... 8 4 2 2 1 (Z) (Z) 4th quarter... 8 4 2 2 1 (Z) (Z) 1997: 1st quarter... 6 3 1 1 (Z) (Z) (Z) 2nd quarter... 8 3 2 2 1 (Z) (Z) 3rd quarter... 8 3 2 2 1 (Z) (Z) 4th quarter.... 8 3 2 1 1 (Z) (Z) 1998 1st quarter.... 7 3 1 2 1 (Z) (Z) 2nd quarter.... 8 4 2 2 1 (Z) (Z) 3rd quarter.... 8 4 2 2 1 (Z) (Z) 4th quarter\r.. 8 4 2 1 1 (Z) (Z) 1999 1st quarter\p.. 8 4 2 1 1 (Z) (Z) AVERAGE RELATIVE STANDARD ERRORS\1 Annual (%) 3 7 6 7 7 14 12 Quarterly (%) 6 11 10 10 9 20 15 Percent distribution Number of units per building Period Total 2 to 4 5 to 9 10 to 19 20 to 29 30 to 49 50 or more ANNUAL 1994...... 100 50 25 16 5 3 1 1995...... 100 47 23 19 9 2 1 1996...... 100 41 24 23 9 3 1 1997...... 100 44 24 21 8 2 1 1998\r.... 100 46 20 20 11 2 1 QUARTERLY 1994: 1st quarter... 100 57 22 15 4 2 (Z) 2nd quarter... 100 56 20 15 4 4 1 3rd quarter... 100 46 28 17 5 2 1 4th quarter... 100 44 31 16 7 2 (Z) 1995: 1st quarter... 100 54 23 14 6 2 (Z) 2nd quarter... 100 47 24 20 7 2 1 3rd quarter... 100 43 22 21 10 4 (Z) 4th quarter... 100 45 23 19 11 2 1 1996: 1st quarter... 100 38 27 21 11 2 1 2nd quarter... 100 34 24 28 9 4 1 3rd quarter... 100 45 19 24 8 3 1 4th quarter... 100 46 26 18 7 2 1 1997: 1st quarter... 100 45 22 22 8 2 1 2nd quarter... 100 46 21 23 7 2 1 3rd quarter... 100 44 25 19 9 3 1 4th quarter... 100 41 27 18 10 2 1 1998 1st quarter... 100 45 19 23 12 1 1 2nd quarter... 100 47 19 20 11 2 2 3rd quarter... 100 44 19 22 12 2 1 4th quarter\r. 100 48 24 16 9 2 1 1999 1st quarter\p. 100 48 27 15 7 2 1 See footnotes at end of table. Table 9. Selected Characteristics of New Privately Owned Buildings Completed with 2 Units or More -continued (Detail may not add to total because of rounding. Percents computed from unrounded figures) Number of floors per building Number of buildings (thousands) Percent distribution Period Total 1 to 3 4 or more 1 to 3 4 or more ANNUAL DATA 1994...... 23 23 (Z) 98 2 1995...... 27 27 (Z) 98 2 1996...... 29 29 (Z) 99 1 1997...... 30 30 1 98 2 1998\r.... 32 31 1 98 2 QUARTERLY DATA 1994: 1st quarter...... 4 4 (Z) 99 1 2nd quarter...... 6 6 (Z) 99 1 3rd quarter...... 6 6 (Z) 98 2 4th quarter...... 7 7 (Z) 99 1 1995: 1st quarter...... 6 6 (Z) 99 1 2nd quarter...... 7 7 (Z) 99 1 3rd quarter...... 8 7 (Z) 98 2 4th quarter...... 7 7 (Z) 98 2 1996: 1st quarter...... 6 6 (Z) 99 1 2nd quarter...... 7 7 (Z) 99 1 3rd quarter...... 8 8 (Z) 98 2 4th quarter...... 8 8 (Z) 99 1 1997: 1st quarter...... 6 6 (Z) 98 2 2nd quarter...... 8 7 (Z) 99 1 3rd quarter...... 8 8 (Z) 98 2 4th quarter...... 8 8 (Z) 98 2 1998 1st quarter...... 7 7 (Z) 98 2 2nd quarter...... 8 8 (Z) 98 2 3rd quarter...... 8 8 (Z) 99 1 4th quarter\r.... 8 8 (Z) 98 2 1999 1st quarter\p.... 8 8 (Z) 98 2 AVERAGE RELATIVE STANDARD ERRORS\1 Annual (%) 3 4 9 Quarterly (%) 6 6 12 p Preliminary. r Revised. Z Fewer than 500 buildings or less than 0.5 percent. 1 Average Relative Standard Errors (Avg. RSE): Annual--Avg. RSE for the last 2 years; Quarterly--Avg. RSE for the latest 2-quarter period (quarter 1-quarter 2 or quarter 3-quarter 4). Source: Construction Reports, Series C22, Housing Completions. The C22 report is available from the U.S. Government Printing Office. Annual Subscription: $18.00. Questions regarding these data may be directed to Dale R. Jacobson, Residential Construction Branch, Manufacturing and Construction Division. Telephone (301) 457-1321.