What’s That Old Saying…Records Are Made To Be Broken!

Posted By on January 19, 2011

This is a key story: There were a record low number of housing completions in 2010, breaking the record set in 2009.
In 2010, 1 to 4 unit completions were at a record low 506 thousand. This was just below the 534 thousand units completed in 2009. This is far below the previous record low of 712 thousand units in 1982. For 5+ units, completions were at 147 thousand units. This was just above the record low of 127 thousand in 1993 – and that record will be broken in 2011.

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