national new home construction comparisons
By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
To start I thought it might be useful to give some context to new construction as compared to other industries or measures we might look at and where the other bench marks or measurements would be if they had “recovered” as much as new construction. I use the percentage drop of new construction from the 50 year average (approximately 48%) instead of the drop from the peak (approximately 68%) to make the comparisons less dramatic and even doing that I believe the numbers are stunning Dow average peak 14,164 current 13,046 drop from peak using new construction, the dow would be 7,356 Oil barrel peak 145.28 current 107.06 drop from peak using new construction, the oil would be ...
Comments
1