Wednesday, December 29, 2010

Lawler Forecast for 2011: Housing Starts and New Home Sales

by Calculated Risk on 12/29/2010 04:25:00 PM

Earlier I posted A few for Graphs for 2010. Enjoy!

A 2011 forecast from economist Tom Lawler:

  2010 (estimate)2011 (forecast)
Total Starts588665
.... Single Family473520
.... Multi Family115145
New Home Sales320365

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!