Houston-The Woodlands-Sugar Land, TX MSA Monthly Housing Market Characteristics

Housing Market Conditions Situation & Outlook Report
-- Updated Monthly -- a part of the ProximityOne Housing Conditions Information Service.

Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area (CBSA 26420)

This report provides historical trend data, current estimates and projections of housing characteristics for this metro. See more about these reports and information service below.

2015 Residential Construction; Housing Units Authorized & Value
For more information, detail & to compare areas use interactive table.

Item	Jan15	Feb15	Mar15	Apr15	May15	Jun15	Jul15	Aug15	Sep15	Oct15	Nov15	Dec15	2015
Total Residential Units	4,424	4,812	4,287	5,763	4,305	7,094	5,819	4,150	3,889	5,129	3,961	3,629	53,112
in 1 unit bldgs	3,046	2,892	3,232	3,645	3,164	3,579	3,247	3,056	2,983	2,962	2,438	2,581	33,769
in 2 unit bldgs	4	14	34	6	28	8	32	10	68	6	0	4	204
in 3-4 unit bldgs	0	0	0	3	3	36	25	3	0	12	3	3	85
in 5+ unit bldgs	1,374	1,906	1,021	2,109	1,110	3,471	2,515	1,081	838	2,149	1,520	1,041	19,054
Bldgs with 5+ units	34	44	45	44	29	161	104	23	12	70	38	37	618
Percent Coverage	100	100	100	100	100	100	100	100	100	100	100	100	1,100
Value ($000), Total Units	620,676	803,982	692,487	812,689	700,666	930,916	835,620	775,787	607,276	682,600	651,836	553,711	7,892,459
1 unit structures	534,359	513,354	601,158	652,504	604,364	653,873	592,655	618,475	515,616	515,003	484,763	469,507	6,137,156
2 unit structures	371	1,491	3,847	340	3,230	774	3,468	851	6,327	1,193	0	380	21,421
3-4 unit structures	0	0	0	400	450	1,920	2,387	450	0	1,294	450	450	7,351
5+ unit structures	85,946	289,137	87,482	159,445	92,622	274,349	237,110	156,011	85,333	165,110	166,623	83,374	1,726,531

2016 Residential Construction; Housing Units Authorized & Value
For more information, detail & to compare areas use interactive table.

Item	Jan16	Feb16	Mar16	Apr16	May16	Jun16	Jul16	Aug16	Sep16	Oct16	Nov16	Dec16	2016
Total Residential Units	2,926	4,022	4,537	3,669	4,764	4,586	3,544	*	*	*	*	*	*
in 1 unit bldgs	2,617	2,920	3,314	3,048	3,361	3,386	2,939	*	*	*	*	*	*
in 2 unit bldgs	4	6	16	18	16	24	4	*	*	*	*	*	*
in 3-4 unit bldgs	0	0	16	11	15	0	0	*	*	*	*	*	*
in 5+ unit bldgs	305	1,096	1,191	592	1,372	1,176	601	*	*	*	*	*	*
Bldgs with 5+ units	5	56	33	15	48	28	23	*	*	*	*	*	*
Percent Coverage	100	100	100	100	100	100	100	*	*	*	*	*	*
Value ($000), Total Units	559,740	646,807	731,317	601,180	718,693	747,837	566,794	*	*	*	*	*	*
1 unit structures	506,286	537,854	586,831	551,182	600,262	626,392	511,367	*	*	*	*	*	*
2 unit structures	140	580	2,080	3,618	1,120	3,535	450	*	*	*	*	*	*
3-4 unit structures	0	0	2,600	1,714	1,485	0	0	*	*	*	*	*	*
5+ unit structures	53,314	108,373	139,806	44,666	115,826	117,910	54,977	*	*	*	*	*	*

.. cells with asterisk/* are available in subscriber version.
.. See more about residential construction: http://proximityone.com/metro_residentialconstruction.htm.

Terms of Use
This report is a proprietary product developed by ProximityOne. This report is authorized for personal, non-business, use only and is not authorized for professional, business or advisory use. Reports and stories may be developed using this document; links to this document are encouraged.

There is no warranty about any aspect of this Web page or content. The user is solely responsible for any use made of this Web page or data.

Availability
This report is updated monthly and available for each of 340 metros (CBSAs), 740 counties, and 9,000 cities/places. See about county/city availability and interactive data table. Contact us for more information on subscriptions.

The data are available in report form and as data files for use with spreadsheet templates and GIS applications -- mapping and geospatial analysis with optional additional data and drill-down geography (census tracts).

Related Sections & Data
• Metro New Residential Construction -- main section
• Metropolitan Areas -- geographic, demographic, economic characteristics
• Metro Situation & Outlook Reports -- view individual metro characteristics
.. click metro/CBSA "Code" in column 3 to view a metro report
• U.S. States & Metros Interactive Tables -- view, rank, compare metros
• Mapping Statistical Data by Metro

About the Data
New authorized residential construction monthly time series data enable analysts to examine trends and can provide insights into business cycles, upturns and downturns. It may take four months to establish an underlying trend for building permit authorizations, five months for total starts and six months for total completions.

Data on construction authorized by building permits are based upon reports submitted by local building permit officials. We use two sources of reported data.
• C-404, "Report of Building or Zoning Permits Issued and Local Public Construction"
.. data updated monthly based on the Census Bureau mail survey of permit issuing cities/places and counties.
.. these data have a 2-month lag from reference month to data access date.
• DIrect collection of permits issued for current month by ProximityOne
.. updated monthly based on ProximityOne direct data collection from permit issuing agencies.
.. these reduce the lag in most recent data from 2 months to one month.

Single Family Houses - Includes all detached one-family houses. Also includes all attached one-family houses separated by a wall that extends from ground to roof with no common heating system or interstructural public utilities. Includes prefabricated, sectionalized, panelized, and modular homes which are manufactured partially off-site, but which are transported and assembled at the construction site. Excludes mobile homes.

Two-Family Buildings - Includes all buildings containing two housing units which may be one above the other or side-by-side. If built side-by-side, they (1) do not have a wall that extends from ground to roof or (2) share a heating system, or (3) have interstructural public utilities such as water supply/sewage disposal.

Three- and Four-Family Buildings - Includes all buildings containing three or four housing units. If built side-by-side, they (1) do not have a wall that extends from ground to roof, or (2) share a heating system, or (3) have interstructural public utilities such as water supply/sewage disposal.

Five-or-More Family Buildings - Includes all buildings containing five or more housing units. If built side-by-side, they (1) do not have a wall that extends from ground to roof, or (2) share a heating system, or (3) have interstructural public utilities such as water supply/sewage disposal.