Quarterly new home starts are up 17.5% YoY while annual starts are up 12.2% from 1Q18 levels Quarterly closings are up 9.0% from 1Q18 while annual closings are up 15.4% YoY This market remains relatively affordable although starts over $250k are up 18% YoY – and we see a 41% ...
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TAMPA HOUSING 4Q18: Growth Continues as 2018 Comes to a Close – Production Moves into Higher Price Points Even as Builders Try to Target More Affordable Product
Quarterly new home starts are up 18.5% over 4Q17 numbers – the annual starts rate for 2018 is up 9.6% from 2017 4Q18 closings are up 2.5% YoY while annual closings were up 12.5% from 2017 levels Production is pushing into the higher price ranges with starts up 37.9% in ...
Read MoreTAMPA HOUSING MARKET 3Q18: Truly Affordable Housing Becomes an Impossibility in this Market; Starts Slow in the Higher Price Bands
Quarterly New Home Starts are up 5.3% YoY – Annual Starts are up 6.8% New Home Activity is continuing to shift to higher price points as starts under $250k are down 8.9% from 3Q17 levels. A telltale sign of a slowing market is contraction starting in the upper end, and ...
Read MoreTAMPA HOUSING 1Q18: 2018 Starts Strong – Stable Growth Expected to Continue for Several Years
Quarterly New Home Starts are up 3.7% YoY, while the Annual Starts rate is up 16.3% from 1Q17 levels The Quarterly Closings rate is down slightly from 1Q17 but the Annual Closings rate is up 11.3% YoY Metrostudy’s five year forecast shows Tampa as a stable market with some slight ...
Read MoreTAMPA HOUSING 4Q17: New Home Starts and Closings Strong in 2017; Continued Growth Expected in 2018
Quarterly New Home Starts are up 12.4% YoY, while Annual Starts in 2017 were up 18.6% over 2016 levels Quarterly Closings were up 13.1% from 4Q16 levels, while the Annual Closings Rate was up 21.1% YoY. The new housing start level is now 105% of the twenty year moving average, ...
Read MoreTAMPA HOUSING 3Q17: Hurricane Impact Should Be Short Term – Quarterly New Home Starts Up 19.1% YoY
Quarterly new home starts in 3Q17 stand at 2,855, up 19.1% YoY – Annual starts are up 17.9% from 3Q16 levels. Despite Irma, quarterly starts were the second best we have seen post-recession at 2,855 starts, down just 29 units from 2Q, our best post-recession quarter for new housing starts. ...
Read MoreTAMPA HOUSING 2Q17: Best Quarterly Starts & Closings Since Recession; Continued Growth Expected Over Next Few Years
Quarterly New Home Starts Up 36.2% YoY – the best quarterly starts rate since 4Q06 Quarterly Closing Rate Up 32.1% YoY – the best quarterly move-in rate since 3Q07 New home prices continued to trend upward, with home starts in prices over $200K up 23.5% over 2Q16. Metrostudy’s 2Q17 survey ...
Read MoreTAMPA HOUSING 2Q16: Strong Demand Drives New Home Starts To Second Best Quarter Since 2007; Townhome Annual Starts Up 54.4% YoY
2Q16 Quarterly New Home Starts Second Best Quarter For Starts Since 1Q07 Townhomes saw annual starts pace increase by 54.4% YoY, as townhomes offer an attractive alternative to renting Under construction backlog remains strong and points to solid closing numbers in 3Q16 and 4Q16. Metrostudy’s 2Q16 survey of the Tampa ...
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