by Calculated Risk on 12/29/2010 04:25:00 PM
Wednesday, December 29, 2010
Lawler Forecast for 2011: Housing Starts and New Home Sales
Earlier I posted A few for Graphs for 2010. Enjoy!
A 2011 forecast from economist Tom Lawler:
2010 (estimate) | 2011 (forecast) | |
---|---|---|
Total Starts | 588 | 665 |
.... Single Family | 473 | 520 |
.... Multi Family | 115 | 145 |
New Home Sales | 320 | 365 |
Note: Tom already forecast completions would be at a record low next year, but he thinks starts will increase "with most of the increase coming in the second half of the year".
A special thanks to Tom Lawler for sharing his insights with me this year - and allowing me to share some of them!