NEW RESIDENTIAL CONSTRUCTION IN MAY 2009
Building Permits
518,000
Privately owned housing units were at a seasonally adjusted rate of 518,000.
This is 4.0 percent (±1.7%) above the revised April rate of 498,000 but is 47.0% (±2.1%) below the May 2008 estimate of 978,000.
Housing Starts
532,000
Privately owned housing starts were at a seasonally adjusted rate of 532,000.
This is 17.2 percent (±14.4%) above the revised April estimate of 454,000, but is 45.2 percent (±5.8%) below the May 2008 rate of 971,000.
Source: U.S. Census Bureau News/HUD
HARDI HVACR SALESRegion | This Month vs. Same Month Previous Year Percent Change (Median) | 12-Month Moving Total Sales Percent Change (Median) | Days Outstanding Sales | | Northeast | -16.5% | -8.0% | 52.10 |
| Mid-Atlantic | -6.8% | -4.6% | 57.75 |
| Southeast | -17.1% | -7.2% | 52.93 |
| Great Lakes | -3.0% | -5.6% | 51.25 |
| Central | -14.2% | -2.0% | 52.81 |
| Southwest | -7.6% | -11.9% | 51.83 |
| West | -22.5% | -17.4% | 56.55 |
| Canada | -8.0% | 1.5% | 48.26 |
| May 2009 Median HARDI Member Sales Volume: $2,245,253 |
Source: Median Sales, HARDI TRENDS Report, May 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
MAY 1 TO JUNE 30, 2009Top 5 Testing Organizations (Regional Testing) | No. of Tests | | 1. | Comfort Air Distributing Inc., Denver, CO | 96 |
| 2. | US Air Conditioning Distributors, City of Industry, CA | 73 |
| 3. | Temperature Equipment Corporation, Lansing, MI | 62 |
| 4. | Mingledorff's Inc., Norcross, GA | 49 |
| 5. | Carrier South Carolina, Columbia, SC | 47 |
Top 5 Testing Locations (Local Testing) | No. of Tests | | 1. | Johnstone Supply, Denver, CO | 75 |
| 2. | APR Supply, Lebanon, PA | 32 |
| 3. | Johnstone Supply, Bloomington, MN | 23 |
| 4. | Gustave A. Larson Company, Green Bay WI | 23 |
| 5. | Habbegger Corporation, Indianapolis, IN | 19 |
| If you want more information about sponsoring NATE testing, contact Kathy Corr at 703/276-7247 or [email protected]. |
HEATING AND COOLING EQUIPMENT SHIPMENT REPORT
April 2009 | Change from April 2008 | Year to Date | Change from Same Period Last Year | | Central Air Conditioners and Air-Source Heat Pumps | 410,932 | -23% | 1,366,249 | -24% |
| Heat Pumps | 129,264 | -16% | 484,867 | -19% |
| Gas-Fired Warm Air Furnaces | 125,000 | -8.5% | 543,338 | -18.3% |
| Oil-Fired Warm Air Furnaces | 2,368 | -13.5% | 12,356 | -25% |
| Residential Electric Water Heaters | 318,073 | -8.8% | 1,284,056 | -10.1% |
| Residential Gas Water Heaters | 313,653 | -8.3% | 1,304,957 | -6.6% |
| Source: April 2009 Heating and Cooling Equipment Shipment, AHRI. |
2009 PRIMARY MORTGAGE MARKET SURVEY® | SUMMARY PAGE WITH ALL RATE TYPES — U.S. AVERAGES
Week | 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 | | 6/4 | 5.29 | 0.7 | 4.79 | 0.7 | 4.85 | 0.6 | 2.75 | 4.81 | 0.6 | 2.75 | 0.48 |
| 6/11 | 5.59 | 0.7 | 5.06 | 0.7 | 5.17 | 0.6 | 2.75 | 5.04 | 0.7 | 2.74 | 0.55 |
| 6/18 | 5.38 | 0.7 | 4.89 | 0.7 | 4.97 | 0.6 | 2.74 | 4.95 | 0.6 | 2.74 | 0.43 |
| 6/25 | 5.42 | 0.7 | 4.87 | 0.7 | 4.99 | 0.7 | 2.74 | 4.93 | 0.7 | 2.76 | 0.49 |
| 7/2 | 5.32 | 0.7 | 4.77 | 0.7 | 4.88 | 0.7 | 2.74 | 4.94 | 0.6 | 2.75 | 0.38 |
| Source: Freddie Mac, July 2, 2009 |
