NEW RESIDENTIAL CONSTRUCTION IN JULY 2009
Building Permits
Privately owned housing units were at a seasonally adjusted rate of 560,000.
This is 1.8 percent (±1.4%) below the revised June rate of 570,000 and is 39.4% (±1.8%) below the July 2008 estimate of 924,000.
Housing Starts
Privately owned housing starts were at a seasonally adjusted rate of 581,000.
This is 1.0% percent (±8.5%) below the revised June estimate of 587,000, and is 37.7 percent (±5.1%) below the July 2008 rate of 933,000.
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 | -23.3% | -10.4% | 51.55 |
Mid-Atlantic | -17.8% | -10.7% | 51.71 |
Southeast | -20.5% | -13.1% | 53.90 |
Great Lakes | -16.4% | -8.6% | 49.15 |
Central | -20.0% | -8.3% | 47.60 |
Southwest | -3.3% | -9.8% | 43.28 |
West | -14.6% | -17.6% | 52.85 |
Canada | -5.6% | -1.8% | 45.37 |
July 2009 Median HARDI Member Sales Volume: $2,465,000 |
Source: Median Sales, HARDI TRENDS Report, July 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
July 1 to August 31, 2009
Top 5 Testing Organizations (Regional Testing) | No. of Tests | 1. | S. G. Torrice Company, Wilmington, MA | 39 |
2. | Gensco, Tacoma, WA | 26 |
3. | Young Supply Company, New Baltimore, MI | 23 |
4. | Airefco Inc., Fife, WA | 20 |
5. | Mar-Hy Distributors, Milwaukie, OR | 18 |
Top 5 Testing Locations (Local Testing) | No. of Tests | 1. | MSI HVAC, Fontana, CA | 30 |
2. | CFM Distributors, Kansas City, MO | 20 |
3. | Johnstone Supply, Bloomington, MN | 16 |
4. | Johnstone Supply, Denver, CO | 8 |
5. | Johnstone Supply, Oakland, CA | 7 |
If you want more information about sponsoring NATE testing, contact Kathy Corr at 703/276-7247 or [email protected].
HEATING AND COOLING EQUIPMENT SHIPMENT REPORTJune 2009 | Change from June 2008 | Year to Date | Change from Same Period Last Year | Central Air Conditioners and Air-Source Heat Pumps | 788,825 | -17% | 2,785,134 | -18% |
Heat Pumps | 229,716 | -15% | 917,460 | -13% |
Gas-Fired Warm Air Furnaces | 203,937 | -12.5% | 895,614 | -15% |
Oil-Fired Warm Air Furnaces | 4,027 | -5% | 18,469 | -21.6% |
Residential Electric Water Heaters | 328,330 | -24.6% | 1,900,000 | -13.2% |
Residential Gas Water Heaters | 310,495 | -27.5% | 1,900,000 | -11.4% |
Source: June 2009 Heating and Cooling Equipment Shipment, AHRI. |
2009 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 | 8/13 | 5.29 | 0.7 | 4.68 | 0.7 | 4.75 | 0.6 | 2.74 | 4.72 | 0.4 | 2.74 | 0.57 |
8/20 | 5.12 | 0.7 | 4.56 | 0.7 | 4.57 | 0.6 | 2.74 | 4.69 | 0.5 | 2.75 | 0.43 |
8/27 | 5.14 | 0.7 | 4.58 | 0.7 | 4.67 | 0.6 | 2.74 | 4.69 | 0.6 | 2.73 | 0.45 |
9/3 | 5.08 | 0.7 | 4.54 | 0.6 | 4.59 | 0.6 | 2.74 | 4.62 | 0.6 | 2.76 | 0.46 |
9/10 | 5.07 | 0.7 | 4.50 | 0.7 | 4.51 | 0.5 | 2.74 | 4.64 | 0.6 | 2.75 | 0.43 |
Source: Freddie Mac, August 6, 2009 |