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New Housing Starts Data for U.S. States and Metros
7 Feb 08
The December starts data show that the slowdown in the housing market continues in most states.
The housing starts data for the end of 2007 show that all but 14 states saw month-to-month declines from November to December. Most of the states that did not see declines are in the southern or southwestern regions of the United States—Louisiana, Georgia, Florida, Tennessee, Mississippi, Alabama, South Carolina, North Carolina, Kentucky, West Virginia, Virginia, and Oklahoma. The only states outside those regions to experience month-to-month gains were Delaware and Rhode Island. Comparing December 2007 with December 2006 shows an even dimmer picture, with only Oklahoma and Delaware posting year-over-year gains. Some states, such as Florida and California, have seen major declines since 2005. The table below shows the start totals for the last three months of 2007, along with the December 2005 and 2006 totals.Single-Family Housing Starts by State | (Thousands) | | | | | | Dec
2005 | | Dec
2006 | | Oct
2007 | Nov
2007 | Dec
2007 | | Year-over-
Year
Change | Utah | 21.02 | | 24.41 | | 12.54 | 10.57 | 8.55 | | -65.0% | Arizona | 70.14 | | 53.34 | | 28.42 | 24.64 | 20.31 | | -61.9% | Hawaii | 3.24 | | 4.38 | | 2.98 | 3.06 | 1.75 | | -60.0% | Nevada | 32.91 | | 20.04 | | 21.49 | 16.37 | 8.04 | | -59.9% | Washington, DC | 0.09 | | 0.27 | | 0.13 | 0.14 | 0.11 | | -59.3% | California | 120.88 | | 97.36 | | 52.96 | 48.20 | 43.7 | | -55.1% | New Mexico | 9.46 | | 8.54 | | 5.92 | 5.10 | 3.98 | | -53.4% | Colorado | 32.18 | | 25.81 | | 17.84 | 15.55 | 12.35 | | -52.2% | Idaho | 14.46 | | 11.75 | | 7.40 | 6.72 | 5.66 | | -51.8% | Oregon | 18.23 | | 17.90 | | 12.99 | 11.68 | 9.00 | | -49.7% | Washington | 36.28 | | 32.91 | | 22.98 | 20.69 | 17.11 | | -48.0% | Louisiana | 21.4 | | 33.5 | | 14.48 | 15.06 | 17.46 | | -47.9% | Michigan | 29.54 | | 20.65 | | 15.70 | 14.04 | 11.09 | | -46.3% | Georgia | 104.16 | | 79.79 | | 41.41 | 41.19 | 43.15 | | -45.9% | Minnesota | 24.60 | | 17.57 | | 14.69 | 12.86 | 9.54 | | -45.7% | Montana | 2.62 | | 3.56 | | 2.71 | 2.47 | 1.95 | | -45.2% | Florida | 218.28 | | 107.43 | | 57.77 | 56.11 | 61.8 | | -42.5% | Maine | 7.24 | | 5.46 | | 4.08 | 3.46 | 3.16 | | -42.1% | Connecticut | 9.28 | | 8.25 | | 6.64 | 5.62 | 4.90 | | -40.6% | Wyoming | 1.90 | | 2.84 | | 2.34 | 2.34 | 1.71 | | -39.8% | Tennessee | 42.53 | | 40.73 | | 23.30 | 23.50 | 24.59 | | -39.6% | Nebraska | 7.70 | | 6.01 | | 8.37 | 5.77 | 3.65 | | -39.3% | Illinois | 46.20 | | 30.65 | | 26.14 | 21.05 | 19.53 | | -36.3% | Alaska | 1.51 | | 1.01 | | 1.05 | 0.99 | 0.65 | | -35.6% | Wisconsin | 22.25 | | 17.55 | | 17.61 | 15.61 | 12.07 | | -31.2% | Mississippi | 14.30 | | 13.14 | | 8.390 | 8.26 | 9.19 | | -30.1% | Alabama | 27.23 | | 22.94 | | 15.15 | 15.25 | 16.18 | | -29.5% | Pennsylvania | 39.33 | | 32.87 | | 30.02 | 24.44 | 23.32 | | -29.1% | New Jersey | 23.75 | | 18.77 | | 18.74 | 14.49 | 13.57 | | -27.7% | New York | 22.72 | | 17.57 | | 16.19 | 13.22 | 12.74 | | -27.5% | Ohio | 31.17 | | 22.68 | | 22.25 | 18.47 | 16.46 | | -27.4% | Missouri | 22.76 | | 16.66 | | 16.94 | 13.59 | 12.10 | | -27.4% | Arkansas | 15.98 | | 9.22 | | 6.06 | 6.06 | 6.74 | | -26.9% | Iowa | 11.02 | | 9.46 | | 9.29 | 8.71 | 7.13 | | -24.6% | Texas | 190.48 | | 145.46 | | 104.24 | 101.69 | 109.96 | | -24.4% | Maryland | 21.58 | | 16.25 | | 11.91 | 11.06 | 12.37 | | -23.9% | Indiana | 28.46 | | 21.86 | | 20.96 | 19.75 | 16.65 | | -23.8% | South Carolina | 50.54 | | 37.01 | | 27.22 | 26.86 | 29.32 | | -20.8% | South Dakota | 4.14 | | 3.77 | | 4.16 | 4.20 | 3.04 | | -19.4% | Massachusetts | 13.98 | | 11.48 | | 11.28 | 8.86 | 9.30 | | -19.0% | Kansas | 10.43 | | 8.25 | | 8.79 | 7.85 | 6.83 | | -17.2% | North Carolina | 91.39 | | 82.29 | | 61.74 | 62.74 | 68.47 | | -16.8% | Kentucky | 16.46 | | 12.79 | | 9.76 | 10.13 | 10.83 | | -15.3% | Rhode Island | 2.09 | | 2.33 | | 1.74 | 1.68 | 1.99 | | -14.6% | New Hampshire | 6.79 | | 3.64 | | 3.49 | 3.50 | 3.32 | | -8.8% | West Virginia | 5.44 | | 4.43 | | 3.33 | 3.66 | 4.06 | | -8.4% | Vermont | 2.40 | | 1.18 | | 0.94 | 1.05 | 1.09 | | -7.6% | Virginia | 50.57 | | 35.62 | | 26.22 | 30.09 | 33.6 | | -5.7% | North Dakota | 2.04 | | 2.53 | | 2.6 | 2.94 | 2.43 | | -4.0% | Delaware | 7.02 | | 4.51 | | 3.78 | 4.42 | 4.54 | | 0.7% | Oklahoma | 17.85 | | 12.59 | | 11.89 | 12.27 | 12.97 | | 3.0% |
Not surprisingly, the nation's metro areas are also in a housing slump, with very few experiencing gains in single-family starts over the past year. Some metros—such as Riverside, CA and Atlanta, GA, where there has been an extraordinary amount of housing construction in recent years—have seen dramatic declines in the number of starts from two years ago. Single-Family Housing Starts by Metropolitan Area | (Thousands) | | | | | Dec
2005 | | Dec
2006 | | Oct
2007 | Nov
2007 | Dec
2007 | Year-over-
Year
Change | Fairbanks, AK | 0.10 | | 0.15 | | 0.11 | 0.18 | 0.17 | 13% | Madison, WI | 2.58 | | 1.75 | | 1.67 | 1.62 | 1.98 | 13% | Winston-Salem, NC | 3.77 | | 3.63 | | 3.09 | 2.34 | 3.83 | 6% | Tulsa, OK | 5.86 | | 4.56 | | 4.32 | 4.25 | 4.58 | 0% | Oklahoma City, OK | 8.90 | | 5.73 | | 6.24 | 5.82 | 5.64 | -2% | Milwaukee-Waukesha-
West Allis, WI | 3.34 | | 2.51 | | 2.49 | 2.02 | 2.37 | -6% | El Paso, TX | 4.56 | | 4.17 | | 2.21 | 3.56 | 3.91 | -6% | Lexington-Fayette, KY | 4.48 | | 2.53 | | 2.55 | 2.54 | 2.36 | -7% | Wichita, KS | 2.69 | | 2.62 | | 3.37 | 2.18 | 2.40 | -8% | Indianapolis, IN | 11.70 | | 7.63 | | 9.21 | 6.64 | 6.96 | -9% | Columbus, OH | 7.63 | | 4.28 | |
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