• Industry Updates

    Feb. 1, 2010
    NEW RESIDENTIAL CONSTRUCTION IN NOVEMBER 2009 Building Permits584,000 Privately owned housing units were at a seasonally adjusted annual rate of 584,000.

    NEW RESIDENTIAL CONSTRUCTION IN NOVEMBER 2009

    Building Permits
    584,000

    Privately owned housing units were at a seasonally adjusted annual rate of 584,000.

    This is 6.0 percent (±1.6%) above the revised October rate of 551,000, but is 7.3 percent (±1.8%) below the November 2008 estimate of 630,000.

    Housing Starts
    574,000

    Privately owned housing starts were at a seasonally adjusted annual rate of 574,000.

    This is 8.9 percent (±10.2%) above the revised October estimate of 527,000, but is 12.4 percent (±9.1%) below the November 2008 rate of 655,000.

    Source: U.S. Census Bureau News/HUD

    HARDI HVACR SALES TRENDSRegionThis Month vs. Same Month Previous Year Percent Change (Median)12-Month Moving Total Sales Percent Change (Median)Days Outstanding SalesNortheast -4.80% -12.10% 47.15 Mid-Atlantic -9.10% -15.50% 51.97 Southeast -14.40% -14.00% 49.14 Great Lakes -2.60% -10.40% 47.00 Central -10.60% -11.30% 48.21 Southwest -9.80% -9.10% 49.38 West -10.10% -14.80% 53.22 Canada -4.20% -3.80% 46.47 November 2009 Median HARDI Member Sales Volume: $2,108,367

    Source: Median Sales, HARDI TRENDS Report, November 2009; HARDI's monthly Trends Report is a voluntary survey of distributor members administered by The Institute for Trends Research.

    NATE CORNER

    Top HARDI Members Vie for Testing Honors

    DECEMBER 1-31, 2009

    Top 5 Testing Organizations (Regional Testing)No. of Tests1. Carrier Florida, Orlando, FL 78 2. Mingledorff's, Norcross, GA 48 3. Virginia Air Distributors, Midlothian, VA 35 4. Carrier Mid-Atlantic, Hanover, MD 27 5. O'Connor Company, Omaha, NE 14 Top 5 Testing Locations (Local Testing)No. of Tests1. Johnstone Supply, Denver, CO 53 2. Johnstone Supply, Las Vegas, NV 18 3. Behler Young Company, Wyoming, MI 13 4. Slakey Brothers, Redding, CA 12 5. Johnstone Supply, Bloomington, MN 10

    If you want more information about sponsoring NATE testing, contact Kathy Corr at 703/276-7247 or [email protected].

    HEATING AND COOLING EQUIPMENT SHIPMENT REPORTOctober 2009Change from October 2008Year to DateChange from Same Period Last YearCentral Air Conditioners and Air-Source Heat Pumps 325,787 -17% 5,363,199 -6% Heat Pumps 123,170 5% 1,673,307 0.7% Gas-Fired Warm Air Furnaces 217,914 -20.4% 1,900,000 -17.7% Oil-Fired Warm Air Furnaces 7,116 -31.2% 48,019 -28.1% Residential Electric Water Heaters 332,468 -1.1% 3,400,000 -5.8% Residential Gas Water Heaters 287,976 -8.7% 3,600,000 -2.2%

    Source: October 2009 Heating and Cooling Equipment Shipment, AHRI.

    2009/2010 PRIMARY MORTGAGE MARKET SURVEY® | SUMMARY PAGE WITH ALL RATE TYPES - U.S. AVERAGESWeek U.S. 30-yr FRM 30-yr fees & points U.S. 15-yr FRM 15-yr fees & points U.S. 5/1 ARM 5/1 ARM fees & points U.S. 5/1 ARM margin U.S. 1-yr ARM 1-yr ARM fees & points U.S. 1-yr ARM margin 30-yr FRM/1-yr ARM spread 12/10 4.81 0.7 4.32 0.6 4.26 0.5 2.74 4.24 0.7 2.76 0.57 12/17 4.94 0.7 4.38 0.6 4.37 0.6 2.74 4.34 0.5 2.75 0.60 12/24 5.05 0.7 4.45 0.6 4.40 0.6 2.74 4.38 0.6 2.75 0.67 12/31 5.14 0.7 4.54 0.7 4.44 0.6 2.75 4.33 0.6 2.76 0.81 1/7 5.09 0.7 4.50 0.7 4.44 0.6 2.74 4.31 0.6 2.75 0.78

    Source: Freddie Mac, January 7, 2010