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RESIDENTIAL
 
STRATEGIES,
 
INC.
DFW
 
New
 
Home
 
Activity:
 
Down
 
But
 
Not
 
Out
Ted Wilson 
 
2008
 
Was
 
Another
 
Forgettable
 
Year
01002003004005006007008009001,0001,1001,2001,3001,4001,5001,6001,7001,8001,9002,000
 J a n ' 0 5 A J O J a n ' 0 6 A J O J a n ' 0 7 A J O J a n ' 0 8 A J O J a n ' 0 9
U.S.
 
Housing
 
Starts
 
(Annual)
 
Single
‐
Family 
 
Detached 
 
Only 
Source:
 
U.S.
 
Bureau
 
of 
 
the
 
Census
 
(in
 
‘000s)
 
Seasonally
 
Adjusted
 
Annual
 
Rate
National
 
Perspective
Peak:1.823mm 358K units 
%
 
Decline
 
To
 
DateNational 
‐
81%DFW 
‐
67%
 
Any
 
Relief 
 
In
 
Sight?
01002003004005006007008009001,0001,1001,2001,3001,4001,500
    J   A   N   0   5    A   P   R    J   U   L    O   C   T    J   A   N   0   6    A   P   R    J   U   L    O   C   T    J   A   N   0   7    A   P   R    J   U   L    O   C   T    J   A   N   0   8    A   P   R    J   U   L    O   C   T    J   A   N   0   9
New Home Sales
3,0003,5004,0004,5005,0005,5006,0006,500
    J   A   N   0   5    A   P   R    J   U   L    O   C   T    J   A   N   0   6    A   P   R    J   U   L    O   C   T    J   A   N   0   7    A   P   R    J   U   L    O   C   T    J   A   N   0   8    A   P   R    J   U   L    O   C   T    J   A   N   0   9
Existing Home SalesSin le Famil
Slight 
 
uptick 
 
in
 
sales
 
 for 
 
2/09Slight 
 
uptick 
 
in
 
sales
 
 for 
 
2/09
National
 
Perspective
Existing
 
Home
 
Sales New 
 
Home
 
Sales
Figures
 
in
 
(000s)
 
Sources:
 
US
 
Census
 
Bureau,
 
NAR,
 
NAHB
Recent 
 
up
 
tick 
 
due
 
to
 
stronger 
 
sales
 
of 
 
 foreclosures337,000 337,000 
of 00

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