David Saks: HUD AND CENSUS BUREAU RESIDENTIAL CONSTRUCTION ACTIVITY FOR OCTOBER

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

HUD AND CENSUS BUREAU RESIDENTIAL CONSTRUCTION ACTIVITY FOR OCTOBER

 

U.S. Dept. of Housing and Urban Development                    U.S. Census Bureau

Brian Sullivan                                                                          Raemeka Mayo or Stephen Cooper

Office of Public Affairs                                                                      Manufacturing and Construction Division

202-402-7527                                                                          301-763-5160

brian.sullivan@hud.gov                                                           pio@census.gov

 

 

HUD AND CENSUS BUREAU ANNOUNCE

NEW RESIDENTIAL CONSTRUCTION ACTIVITY FOR OCTOBER

 

            WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for October 2013:

 

BUILDING PERMITS

 

            Privately owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,034,000.  This is 6.2 percent (±0.8%) above the September rate of 974,000 and is 13.9 percent (±1.1%) above the October 2012 estimate of 908,000. 

 

            Single-family authorizations in October were at a rate of 620,000; this is 0.8 percent (±0.9%)* above the September figure of 615,000.  Authorizations of units in buildings with five units or more were at a rate of 387,000 in October.  Read more about building permits in October.

 

HOUSING STARTS and HOUSING COMPLETIONS

 

            The lapse in federal funding affected the data collection schedule for the Survey of Construction, the source of data on new housing units started and completed.  Accurate data collection for September and October could not be completed in time for this release.  Data on housing units started and completed in September, October, and November 2013 will be released on December 18, 2013.

 

            New Residential Construction data for November 2013 will be released on Wednesday, December 18, 2013, at 8:30 A.M. EST.  at www.census.gov/starts

 

EXPLANATORY NOTES

 

            In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular.  It may take 2 months to establish an underlying trend for building permit authorizations, 4 months for total starts, and 6 months 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 relative standard errors of the most recent data are shown in the tables. Whenever a statement such as “2.5 percent  (±3.2%) above” appears in the text, this indicates the range (-0.7 to +5.7 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 does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percent changes shown in the tables.  On average, the preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised about two percent or less.  Explanations of confidence intervals and sampling variability can be found on our web site listed above.

 

* 90% confidence interval includes zero.  The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

source: Http://HUD.Gov

 




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 0 commentsDavid Saks • November 27 2013 08:04PM

Comments

This blog does not allow anonymous comments