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housing completions

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housing completions

A statistic tracked by the U.S. Census Bureau (www.census.gov) and by many local real estate and builder organizations.It indicates the number of new homes made ready for occupancy within a certain time period,usually one month and one year.



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Privately owned housing completions in February were up 2.
CLEVELAND, OH -- Continuing growth in new housing completions, rising improvement and repair expenditures, an expanding average kitchen floor space in new residential structures and a greater penetration of countertops in bathrooms will spur further sales gains, according to Residential Kitchen 8, Bathroom Countertops in China, a new study from The Freedonia Group Inc.
RICS UK Senior Economist Oliver Gilmartin, said yesterday: "We expect housing completions to fall by around 30% in the North East in 2009 based on continued tightness in credit markets.
 
 
 
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