New Privately Owned One-Family Houses Sold by Region and Type of Financing and by Sales-Price Group statistics

[In thousands (485 represents 485,000). Based on a national probability sample of monthly interviews with builders or owners of 1-family houses for which building permits have been issued or, for nonpermit areas, on which construction has started. For details, see source. Composition of regions: NORTHEAST: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, and Pennsylvania. MIDWEST: Ohio, Indiana, Illinois, Michigan, Wisconsin, Minnesota, Iowa, Missouri, North Dakota, South Dakota, Nebraska, and Kansas. SOUTH: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida, Kentucky, Tennessee, Alabama, Mississippi, Arkansas, Louisiana, Oklahoma, and Texas. WEST: Montana, Idaho, Wyoming, Colorado, New Mexico, Arizona, Utah, Nevada, Washington, Oregon, California, Alaska, and Hawaii]


			REGION						FINANCING TYPE
YEAR
AND
SALES-PRICE	Total	North-	Mid-	South	West		Conven-		FHA		Rural-	Cash
GROUP	sales	east	west				tional ¹		and		Housing
									VA		Service ²

1970	485	61	100	203	121	³	213		244		(³)	27
1971	656	82	127	270	176	³	314		314		(³)	28
1972	718	96	130	305	187	³	447		242		(³)	30
1973	634	95	120	257	161	³	465		134		(³)	34
1974	519	69	103	207	139	³	378		112		(³)	28
1975	549	71	106	222	150		363		122		43	22
1976	646	72	128	247	199		458		134		23	31
1977	819	86	162	317	255		592		166		24	38
1978	817	78	145	331	262		575		174		26	43
1979	709	67	112	304	225		469		186		18	36
1980	545	50	81	267	145		302		196		14	32
1981	436	46	60	219	112		244		142		14	36
1982	412	47	48	219	99		193		173		11	34
1983	623	76	71	323	152		350		217		8	49
1984	639	94	76	309	160		423		149		9	58
1985	688	112	82	323	170		403		208		11	64
1986	750	136	96	322	196		411		268		12	59
1987	671	117	97	271	186		408		190		8	64
1988	676	101	97	276	202		437		171		6	62
1989	650	86	102	260	202		416		162		14	58
1990	534	71	89	225	149		337		138		10	50
1991	509	57	93	215	144		329		128		9	43
1992	610	65	116	259	170		428		134		7	41
1993	666	60	123	295	188		476		147		6	37
1994	670	61	123	295	191		490		130		9	41
1995	667	55	125	300	187		490		129		9	39
1996	757	74	137	337	209		570		140		9	38
1997	804	78	140	363	223		616		137		6	46
1998	886	81	164	398	243		693		136		9	48

1990, total	534	71	89	225	149		337		138		10	50
Under $80,000	110	4	23	70	13		31		59	⁴	(B)	11
$80,000 to $119,999	147	13	27	72	36		70		62		(B)	15
$120,000 to $149,999	88	15	14	31	28		69		12		(B)	8
$150,000 to $199,999	86	15	11	27	33		74		(B)		(B)	8
$200,000 and over	102	25	13	25	39		92		(B)		(B)	9

1991, total	509	57	93	215	144		329		128		9	43
Under $80,000	98	2	22	62	12		32		50	⁴	9	8
$80,000 to $119,999	153	11	29	73	40		81		60		(B)	12
$120,000 to $149,999	86	13	15	32	27		64		13		(B)	9
$150,000 to $199,999	82	14	14	24	29		71		5		(B)	6
$200,000 and over	89	17	13	24	36		81		(B)		(B)	7

1992, total	610	65	116	259	170		428		134		7	41
Under $80,000	100	2	22	63	13		40		45	⁴	7	8
$80,000 to $119,999	196	10	39	91	56		117		66		(B)	14
$120,000 to $149,999	111	13	21	41	36		87		15		(B)	8
$150,000 to $199,999	97	19	17	33	28		85		7		(B)	5
$200,000 and over	106	21	18	32	36		99		(B)		(B)	6

1993, total	666	60	123	295	188		476		147		6	37
Under $80,000	87	2	15	58	12		37		38	⁴	5	6
$80,000 to $119,999	210	12	40	100	58		123		74		(B)	12
$120,000 to $149,999	133	12	27	51	44		102		24		(B)	7
$150,000 to $199,999	122	15	22	47	38		106		10		(B)	6
$200,000 and over	115	19	20	39	37		108		(B)		(B)	6

1994, total	670	61	123	295	191		490		130		9	41
Under $80,000	72	2	10	52	8		30		29	⁴	8	4
$80,000 to $119,999	201	10	37	101	53		122		65		(B)	14
$120,000 to $149,999	140	11	28	54	47		108		25		(B)	7
$150,000 to $199,999	129	17	25	46	41		111		10		(B)	9
$200,000 and over	127	21	22	41	42		119		(B)		(B)	7

1995, total	667	55	125	300	187		490		128		9	39
Under $80,000	58	2	6	42	8		24		25	⁴	4	3
$80,000 to $119,999	200	8	41	98	53		114		69		(B)	14
$120,000 to $149,999	144	9	27	63	44		111		24		(B)	8
$150,000 to $199,999	127	13	25	49	40		110		9		(B)	8
$200,000 and over	138	23	26	47	42		131		(B)		(B)	6

1996, total	757	74	137	337	209		570		140		9	38
Under $70,000	26	(B)	(B)	21	(B)		11		11		3	(B)
$70,000 to $79,999	33	(B)	4	24	4		15		16		(B)	(B)
$80,000 to $99,999	104	5	21	63	16		56		42		(B)	4
$100,000 to $119,999	101	5	20	45	30		65		29		(B)	6
$120,000 to $149,999	159	11	32	69	47		121		27		(B)	10
$150,000 to $199,999	160	18	29	61	51		137		14		(B)	8
$200,000 to $249,999	79	14	14	27	23		74		(B)		(B)	4
$250,000 to $299,999	40	5	6	13	15		38		(B)		(B)	(B)
$300,000 and over	56	13	8	14	21		54		(B)		(B)	3

1997	804	78	140	363	223		616		137		6	46
Under $70,000	22	(B)	(B)	19	(B)		11		9		(B)	(B)
$70,000 to $79,999	28	(B)	3	21	3		13		13		(B)	(B)
$80,000 to $99,999	93	4	17	60	12		53		36		(B)	3
$100,000 to $119,999	103	4	18	54	26		65		31		(B)6	6
$120,000 to $149,999	173	11	30	76	56		125		34		(B)	14
$150,000 to $199,999	177	20	32	69	55		153		14		(B)	10
$200,000 to $249,999	83	12	16	29	26		77		(B)		(B)	4
$250,000 to $299,999	46	8	8	15	15		44		(B)		(B)	3
$300,000 and over	78	16	13	20	30		74		(B)		(B)	4

1998, total	886	81	164	398	243		693		136		9	48
Under $70,000	19	(B)	(B)	16	(B)		11		6		(B)	(B)
$70,000 to $79,999	22	(B)	3	17	(B)		11		8		(B)	(B)
$80,000 to $99,999	91	3	16	57	15		48		34		4	5
$100,000 to $119,999	112	5	20	61	25		73		32		(B)	5
$120,000 to $149,999	183	12	33	82	56		136		35		(B)	11
$150,000 to $199,999	208	19	42	80	67		178		18		(B)	12
$200,000 to $249,999	104	13	22	40	29		97		(B)		(B)	5
$250,000 to $299,999	59	11	11	20	17		57		(B)		(B)	(B)
$300,000 and over	88	17	15	25	31		84		(B)		(B)	5

1999	907	75	173	408	249		705		152		6	43
Under $70,000	13	(B)	(B)	10	(B)		8	⁵	3		(B)	(B)
$70,000 to $79,999	19	(B)	3	15	(B)		8	⁵	6		(B)	(B)
$80,000 to $99,999	72	(B)	12	48	11		37		32		(B)	3
$100,000 to $119,999	100	5	20	55	20		59		35		(B)	5
$120,000 to $149,999	189	10	38	88	53		132		45		(B)	11
$150,000 to $199,999	214	16	42	89	66		178		25		(B)	10
$200,000 to $249,999	114	13	27	41	33		106		(B)		(B)	5
$250,000 to $299,999	67	10	13	23	21		64		(B)		(B)	(B)
$300,000 and over	118	18	19	39	43		113		(B)		(B)	6

B Withheld because estimate did not meet publication standards on the basis of sample size.
1 Includes all other types of financing.
2 Prior to 1996, the Farmers Home Administration.
3 Included under conventional financing.
4 Under $70,000. Data for $70,000 to $79,999 are witheld.
5 FHA only. VA data are withheld.

Source: U.S. Census Bureau and U.S. Dept. of Housing and Urban Development, Current Construction Reports, series C25, Characteristics of New Housing, annual; and New One-Family Houses Sold, monthly.

http://www.census.gov/const/www/index.html **************************************************************************************** Definitions

Financing, type of. The type of financing tabulated in this survey is the type reported at the time the original sales agreement was signed or deposit accepted. However, changes in the type of financing do occur between the original contract signing and final settlement. These changes are not reflected in the tables.

The FHA and VA type-of-financing data presented tend to differ from those published directly by those agencies. For the actual number of FHA-insured and VA-guaranteed loans made for new houses at the time of final settlement, refer to the publications of the respective agencies. The data differ because of the difference in time periods between the signing of the original sales contract, the start of construction, and the insurance or guarantee of the mortgage, as well as the sampling variability in this survey.

Early in 1995 the Farmers Home Administration was reorganized. As part of this reorganization the Rural Hous-ing Service now handles the mortgage functions formerly done by the Farmers Home Administration.

New houses sold. The category, houses sold, includes all houses for which a sales contract has been signed or a deposit accepted. This includes houses for which a sales contract is signed or deposit accepted before construction is actually started; for instance, houses sold from a model or from plans before any work is started on the footings or foundations. It also includes houses sold while under construction or after completion; that is, houses built on speculation.

Sale. The sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. This survey does not follow through to the final stage of the sales transaction. Land must be included in the transaction.

Sales price. The sales price used in this survey is the price agreed upon between purchaser and seller (and reported by the latter) at the time the first sales contract is signed or deposit is made for the house. The sales price does not reflect any subsequent price changes resulting from change orders or from any other factors affecting the price of the house. Furthermore, the sales price does not include the cost of any extras or options paid for in cash by the purchaser or otherwise not included in the original sales price reported by the seller. *

http://www.allcountries.org/uscensus/1198_new_privately_owned_one_family_houses.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.