M onthly indicators
Retail construction spending
Annual rate in billions of $
90
85
80
75
the largest absolute gains in population — Dallas ranked in the top spot
with an increase of 162,250 people,
Houston tipped in with an increase of
120,544, Austin had gains of 65,880,
and San Antonio completed the line-up with 53,925 people added to its
population over the year.
Texas was not the only state that
missed the housing surge and is now
benefiting from stronger population
growth. Atlanta, Ga., ranked second
in population growth over the period
from 2006-2007, with a 151,063 gain
in its population, and Charlotte, N.C.
ranked number six as its population
grew by 66,724. Both of these metro-
politan areas saw much more moderate
increases in home prices than other
continued
70
65
‘07FMAMJ JASONDJ F‘08
Summary
February 2008 81. 6
% change since
January 2007 +2.1%
February 2007 +1.6%
Source: Commerce Dept. and FDM market research
6750
6500
6250
6000
5750
5500
5250
5000
Existing home resales,
single-family & condos
Annual rate in thousands of units
4750
‘07FMAM J J A SOND J F‘08
Summary
February 2008 5030
% change since
January 2007
February 2007
+2.9%
- 23. 8 %
Source: National Assn. of Realtors
Sales of new single-family homes
1000 Annual rate in thousands of units
950
900
850
800
750
700
650
600
550
‘07FMAMJJASONDJF‘08
Summary
February 2008 590
% change since
January 2007 -1.8%
February 2007 - 31.2%
