Housing Price Index by ZIP Code – How Housing Markets are Trending

.. housing prices can impact residential investment and affect economic growth, business opportunities and the housing market. The Housing Price Index (HPI) is one measure of how housing prices are changing. The HPI by ZIP code, as reviewed here, is an index based on the year 2000=100. Changing trends in the HPI can used used the determine the relative costs of housing and change in housing valuation. Hosing prices, and the HPI, are only one part of determining how housing markets are trending. Other measures important to examine include building permits and new construction.

Examining Housing Price Trends
Use the VDA Web GIS tool to examine the Housing Price Index for ZIP Codes of interest. Create maps and tabular profiles such as the one shown below.

Video of Steps to Explore HPI by ZIP Code
Click graphic to view video showing how to use VDA Web GIS to access a ZIP Code profile.

About VDA Web GIS
VDA Web GIS is a decision-making information resource designed to help stakeholders create and apply insight. VDA Web GIS has been developed and is maintained by Warren Glimpse, ProximityOne (Alexandria, VA) and Takashi Hamilton, Tsukasa Consulting (Osaka, Japan).

About the Housing Price Index
The Housing Price Index used here is developed by the Federal Housing Fiance Agency (FHFA). The FHFA House Price Index is the nation’s only public, freely available house price indexes that measure changes in single-family home values based on data from all states that extend back to the mid-1970s.

About the Author
Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Join Warren on LinkedIn.

How & Why County Demographics are Changing

.. the pandemic impact on population change remains in flux. For many counties it will impact each component of population change: births, deaths and migration. The magnitude and duration of the impact on each component will vary by county and become more measurable in the months ahead. The “How & Why County Demographics are Changing” will be updated later in 2020.

Here we look at population and components of change by county for the period 2010 to 2019 .. tools and data to examine how the U.S. by county population is changing. These latest 2019 estimates were released this spring. See more in the related web section.

Top 25 Counties with Largest Population Change 2010-2019
Create a table similar to the one shown below using the interactive table. Sort on selected criteria and within a selected state or metro.

Patterns of Population Change by County, 2010-2019
The following graphic shows how counties have gained population (blue and green) and lost population (orange and red) during the period 2010 to 2019. Click graphic for larger view; expand browser window for best quality view.

.. view developed with ProximityOne CV XE GIS and related GIS project.

Examining Population Components of Change
Population change can be examined in terms of components of change. There are three components of change: births, deaths, and migration. The change in the population from births and deaths is often combined and referred to as natural increase or natural change. Populations grow or shrink depending on if they gain people faster than they lose them. Examining a county’s unique combination of natural change and migration provides insights into why its population is changing and how quickly the change is occurring. The above graphic shows these relationships.

County Population & Components of Change 2010-2019 – Interactive Table
View/analyze county population and components of change characteristics and trends in a tabular manner using the interactive table. The following static graphic shows net migration 2010-2019 by year for Houston, TX metro component counties. Rows have been ranked in descending order based on 2010 population. It is easy to see how the net migration in Harris County has been decreasing annually since 2015.

Try it yourself. Use the interactive table to examine counties/areas of interest.

Situation & Outlook Web Sessions
Join me in a Situation & Outlook Web Session where we discuss topics relating to measuring and interpreting the where, what, when, how and how much demographic-economic change is occurring and it’s impact.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

American Community Survey 2018: Geography & Access

.. there are 519 core-Based Statistical Areas (metros & micros) included as American Community Survey (ACS) 2018 tabulation areas. 2018 demographic-economic estimates are included for these and many other types of political/statistical areas — the subject of this section. This is the first in a series of posts about accessing, integrating and using the ACS 2018 data. Learn more about effective ways to use these and related data. See the main web section for more detail and access to the interactive table. The release date for the ACS 2018 data is September 26, 2019.

ACS 2018 1-year Tabulation Areas: 519 Core-Based Statistical Areas
— MSAs and MISAs

– view developed using ProximityOne CV XE GIS and related GIS project.
– geospatial analyze ACS 2018 1 year estimates integrated with your data to examine patterns; gain insights.

The 2018 American Community Survey (ACS 2018 main) is a nationwide survey designed to provide annually updated demographic-economic data for national and sub-national geography. ACS provides a wide range of important data about people and housing for every community across the nation. The results are used by everyone from planners to retailers to homebuilders and issue stakeholders like you. ACS is a primary source of local data for most of the 40 topics it covers, such as income, education, occupation, language and housing.

Determining What Data are Tabulated
The graphics below illustrate 1) the scroll section that lists the types of tabulation areas (summary levels) and 2) use of the interactive table to display a selection of CBSAs/metros (summary level 310).

ACS 2018 1-Year Summary Levels
The scroll section (see in web page) shows the summary level code (left column), part or component if applicable and summary level name.

ACS 2018 1-Year Estimates — Areas Published — Interactive Table
The interactive table (click link to view actual interactive table) enables you to list the geographic areas tabulated. This graphic shows CBSAs (MSAs and MISAs) tabulated. GeoID1 shows the unique tabulation area geocode for an area among all areas. GeoID1 inlcudes the summary level (first 3 characters), followed by state FIPS code where applicable, ‘US’ and finally the geocode for the specific area.

Demographic-Economic Analytics Web Sessions
Join me in a Demographics Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

Examining HMDA/CRA Census Tract Demographics

.. the ability to effectively analyze low, moderate, middle, and upper income population and households by small area geography is important to housing market stakeholders, lenders, investors, cities/neighborhoods and others. Low and moderate income data by block group and census tract are used for compliance, eligibility determination and program performance in many Federal programs and agencies. See the main Web page for more detail.

This section reviews the scope and use of the FFIEC 2019 HMDA/CRA census tract data (released September 2019). Use the interactive table to view, rank, compare selected items from these updated data for any/all tracts. Use GIS tools with these data to map and geospatially analyze these data as illustrated and further described as illustrated here. See more about banking, CRA and LMI tracts and more about these data.

Visual Analysis of Banks in Context Census Tract Demographics
Click graphic for larger view; expand browser window for best quality view.

– view developed using CV XE GIS and related GIS project.
– install this GIS tool and related GIS project on your computer to examines patterns, market share and more.

Low & Moderate Income Population by Census Tract
Low, moderate, middle, upper income classification by census tract is based on the median family income of a specific census tract relative to the metropolitan statistical area (MSA) or non-MSA area in which the tract is located. The FFIEC data include a “low and moderate income indicator”:
1 – Low — MFI is less than 50% of the MSA/parent area MFI
2 – Moderate — MFI is from 50% to 80% of the MSA/parent area MFI
3 – Middle — MFI is from 80% to 120% of the MSA/parent area MFI
4 – Upper — MFI is 120% or more of the MSA/parent area MFI
0 – NA — MFI is 0 or not available
where MFI is the Median Family Income

Low and moderate income designation is closely associated with implementation of the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA) and is a widely used in many other applications as a measure of economic prosperity.

Using the Interactive Table
Use the interactive table to examine individual tracts or sets of tracts as to their low and moderate income status and related demographics. The following view illustrates use of the table. Clicking buttons below table, this sequence of steps was used to obtain this view:
– click ShowAll
– click “Find CBSA; Low & Mod Tracts”
  >this selects tract in CBSA 26420 (Houston) that are low or mod
– click “Status Cols”
The table refreshes to show 470 tracts that are low/mod in this metro.
Finally, click the column header “Tract MFI %Region” to sort in descending order.

View your areas of interest. Start the steps over and use your CBSA code for a metro of interest.

Bankers Analytics Tools Web Sessions
Join me in a Bankers Analytic Tools Lab session (every Wednesday 3:00 pm ET) to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.
Topics:
• mapping and geospatially analyzing your data with FFIEC data
• tract demographic vintages and trends
• issues regarding MSA/MD vintage, change; about the 2018 vintage CBSAs
• defining and using assessment area geography
• examining the community & neighborhoods in context of assessment areas
• using the FDIC bank location/deposits data with FFIEC/ACS demographics
• using the FFIEC/ACS interactive table below
• alternative methods of accessing census tract ACS data

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

The Local Area Monthly Employment Situation

.. in June 2019, the local area unemployment rate ranged from 1.3% (Lyon County, IA) to 19.6% (Yuma County, AZ) among the lower 48 states. 133 counties had an unemployment rate of 7% or more during June 2018 through June 2019. Over the past year, as shown in the this interactive table, the unemployment rate has generally decreased among all counties. We track the local area employment situation historically and develop alternative scenario projections. See the related Web page for more information.

Patterns of Unemployment Rate by County
The following graphic shows patterns of the estimated June 2019 unemployment rate by county. Use the GIS tools and data to develop variations of this view optionally integrated with other data. Click graphic for larger view. Expand browser window for best quality view.

— view created using the ProximityOne CV XE GIS and associated GIS Project

Examine Areas of Interest
This graphic illustrates the monthly over the year employment situation for the Houston, TX metro using the interactive table.

Click graphic for larger view.

Create a similar table for any metro:
Open the interactive table (green and white table midway down).
Click ShowAll button below table.
Key in a 5-character metro code in edit box at right of FindCBSACode.
    … get from scroll list at upper right of table.
    … e.g., 19100 for Dallas, TX metro.
Click FindCBSACode; table refreshes showing only counties in this metro.
Click Current Situation button below table; table refreshes with selected columns.
Click the Pop2018 column header cell twice to rank-order the columns.
Done .. try these steps for an area of interest.

Demographic-Economic Analytics Web Sessions
Join me in a Demographics Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

Visualizing Metro Area Geography

.. metropolitan areas are referred to as CBSAs (Core-Based Statistical Areas) and formally defined as sets of contiguous counties for the Federal Statistical System by OMB based largely on Census Bureau data.  More than 93-percent of the U.S. population live in CBSAs. This post presents three map graphics showing the geographic configuration of CBSAs and related CSAs (Combined Statistical Areas) — groupings of contiguous CBSAs that meet certain criteria. See related Web section for more detail.

The graphics below use the September 2018 CBSA vintage, the current and likely to be used for Census 2020 tabulations. These CBSAs are comprised of 392 Metropolitan Statistical Areas (MSAs), 384 MSAs in the U.S. and 8 in Puerto Rico, and 546 Micropolitan Statistical Areas (MISAs), 542 in the U.S. and 4 in Puerto Rico. For those MSAs that qualify, 11 MSAs are subdivided into 31 Metropolitan Divisions (MDs).

Metro Demographic-Economic Insights. What are the demographic characteristics of metros, how are they changing? We have developed annual population and population components of change estimates for the September 2018 vintage CBSAs.  Access these data in this interactive table. View CBSA county components. These data are integrated with other data to develop wide-ranging demographic-economic current estimates and projections for CBSAs and other geography (Situation & Outlook).

Metropolitan Statistical Areas, Sep 2018 Vintage
The following graphic shows the 2018 vintage Metropolitan Statistical Areas (MSAs). Use the associated GIS project to examine different years or subject matter items. Click graphic for larger view showing combined MSAs and MISAs.
Expand browser window for best quality view.


.. view developed with ProximityOne CV XE GIS and related GIS project.
.. create other views, geospatially analyze your data with associated GIS project.

Micropolitan Statistical Areas, Sep 2018 Vintage
The following graphic shows the 2018 vintage Micropolitan Statistical Areas (MISAs). Use the associated GIS project to examine different years or subject matter items. Click graphic for larger view showing combined MSAs and MISAs. Expand browser window for best quality view.


.. view developed with ProximityOne CV XE GIS and related GIS project.
.. create other views, geospatially analyze your data with associated GIS project.

Combined Statistical Areas, Sep 2018 Vintage
The following graphic shows the 2018 vintage Combined Statistical Areas (CSAs).
CSAs are contiguous CBSAs that are combined to form a CSA when certain conditions are met. Use the associated GIS project to examine different years or subject matter items. Click graphic for larger view showing CSAs with county overlay (visually determining which counties are in a CSA). Expand browser window for best quality view.


.. view developed with ProximityOne CV XE GIS and related GIS project.
.. create other views, geospatially analyze your data with associated GIS project.

DemographicEconomic Analytics Web Sessions
Join me in a Demographics Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

Housing Price Index 2017Q3-2018Q3

.. this past week the 3rd quarter 2018 (2018Q3) Housing Price Index (HPI) was released for the U.S., states and metros. As a leading economic indicator, the HPI often gives insights into how the housing market and economy might be changing in the months ahead. The fact that the HPI data are quarterly and become available with a short lag time makes the measure even more valuable. This section provides an update on the HPI 2018Q3 and quarterly data for the past year. See the related Web page for more detailed data and access to the HPI data via interactive table.

Visual Analysis of 2017Q3-2018Q3 HPI Patterns
The following graphic shows housing value appreciation 2017Q3-2018Q3 by metro based on the HPI.

Click graphic for larger view and details. This view developed using CV XE GIS and related GIS project. Members of the ProximityOne User Group (join now, no fee) may used the CV XE GIS software and GIS project to create similar views with different HPI measures. Zoom-in. Add labels. Add other geography/data. Create views/graphics for reports and stories.

The Larger Picture
The HPI is calculated using home sales price information from Fannie Mae- and Freddie Mac-acquired mortgages. By itself, the HPI provides limited insights into the broader picture of “the why” and “how otherwise” states and metros are changing. The Situation & Outlook Metro Profiles provide an integrated view of the HPI measure in combination with other economic, demographic and business activity measure. View the HPI integrated with other subject matter … choose a metro. Metro Profiles are updated continuously and are available for each of the metropolitan area.

HPI Interactive Table
Use the HPI interactive table to view/rank/compare the non-seasonally adjusted “all transactions” HPI for the most recent 5 quarters for all Metropolitan Statistical Areas (MSAs), states and the U.S. The graphic shown below illustrates use of the interactive table to rank all metros in descending order on the percent change over the past year.

Updates & Related Measures
Quarterly HPI measures are used to updated the interactive table, GIS project and Metro Profiles. HPI by county, ZIP Code and census tract are updated annually. The 2018 county, ZIP Code and census tract HPI data are scheduled for release in February 2019.

Data Analytics Web Sessions
Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

How the New York Metro is Changing

.. or more precisely, how the New York Metropolitan Statistical Area (MSA) is changing. As of Census 2010 the New York MSA (officially the New York-Newark-Jersey City, NY-NJ-PA MSA) consisted of 20 counties. With the new OMB metropolitan statistical areas defined as of February 2013, the New York MSA became 22 counties, absorbing the Poughkeepsie, NY MSA two counties (Dutchess and Orange). The Poughkeepie MSA was removed from the official MSAs. The delineation remained that way until the new September 2018 delineations when the Census 2010 delineation was restored. Now, the Poughkeepsie, NY MSA exists as a 2 county area and the New York MSA exists as a 20 county area (both as they existed geographically in Census 2010).

These metro-county relationships are shown in the graphic presented below. The Poughkeepsie, NY MSA is shown with the blue cross-hatch to the north and the New York MSA is shown with the salmon color pattern.

– view developed using the CV XE GIS software and related GIS project.
– see the related New York Metro Situation & Outlook report.

What Difference Does it Make?
A lot! First, during the interim period 2013-2018, the Poughkeepsie, NY MSA lost the metropolitan area identity/status as conferred by the OMB delineations. It might have been omitted from size class market development and research analyses. Related, that metro was not included as a tabulation or estimation area of MSAs by Federal statistical agencies. An example of the impact is that the official demographic estimates for the Poughkeepsie, NY MSA developed by the Census Bureau were not tabulated as such and omitted from various statistical reports. Also, the removal of designation and now adding the designation back, creates a hiccup in the time series — affecting both the Poughkeepsie NY MSA and the New York MSA.

Detailed Demographic Profiles for New York MSA and Poughkeepsie, NY MSA
.. click link to view profile.

New York-Newark-Jersey City, NY-NJ-PA MSA
  Bergen County, NJ (34003)
  Essex County, NJ (34013)
  Hudson County, NJ (34017)
  Hunterdon County, NJ (34019)
  Middlesex County, NJ (34023)
  Monmouth County, NJ (34025)
  Morris County, NJ (34027)
  Ocean County, NJ (34029)
  Passaic County, NJ (34031)
  Somerset County, NJ (34035)
  Sussex County, NJ (34037)
  Union County, NJ (34039)
  Bronx County, NY (36005)
  Kings County, NY (36047)
  Nassau County, NY (36059)
  New York County, NY (36061)
  Putnam County, NY (36079)
  Queens County, NY (36081)
  Richmond County, NY (36085)
  Rockland County, NY (36087)
  Suffolk County, NY (36103)
  Westchester County, NY (36119)
  Pike County, PA (42103)

Poughkeepsie-Newburgh-Middletown, NY (CBSA 39100)
  Dutchess County, NY (36027)
  Orange County, NY (36071)

Looking Forward
The September 2018 CBSA delineations define counties that will be used for Census 2020 (likely, there could be yet further changes) — 384 MSAs in the U.S. In the cases of the New York MSA and the Poughkeepsie, NY MSA, it appears that the geography (component counties) used for Census 2010 will be the same as for Census 2020. Going forward, ProximityOne estimates and projections will use the most current vintage of CBSAs.

Data Analytics Web Sessions
Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

New 2018 Vintage Metropolitan Areas

.. new, September 14, 2018 vintage, Core-Based Statistical Area (CBSA) delineations have been released by the U.S. Office of Management and Budget (OMB).  Among other things, the new delineations specify which counties are included in each CBSA.  CBSAs. an OMB standards term, are metropolitan areas comprised of Metropolitan Statistical Areas (now 384 MSAs in the U.S.) and Micropolitan Statistical Areas (now 542 MISAs in the U.S.).

How Metros Change Geographically
The following graphic, focused on the Charlotte, NC-SC MSA region, illustrates how MSAs are changing. 2017 vintage MSAs are shown with bold green boundary, yellow fill pattern. Cross-hatched areas are 2018 vintage MSA counties. As of the 2018 vintage, note that …
• Anson County, NC (to right of pointer) has been added to the Charlotte, NC-SC MSA.
• Union County, SC has been removed from the Spartanburg, SC MSA.
• Harnett County, NC has been added to the Fayetteville, NC MSA.

— graphic developed using CV XE GIS software and related GIS project.

What About My MSAs of Interest?
See detailed information about the 2018 vintage CBSAs/MSAs and their component counties at http://proximityone.com/cbsa2018.htm.

Impact of the 2018 Delineations
The new delineations take place immediately and have numerous impacts.  Going forward, Federal statistical agencies will develop statistics and use the new names and geocodes as set forth in the new delineations (most names and geocodes remain the same).  For CBSAs affected, which are numerous, this will result in challenges for longitudinal analyses where consistently defined geography over time is required.  The total 2017 official population estimates are affected for three of the largest 10 CBSAs using the 2018 delineations compared to the 2017 delineations.  More immediately, it may become confusing whether the 2018, 2017, 2015, or an earlier vintage CBSA geography is being referenced.  On a positive note, the 2018 vintage CBSAs are believed to best reflect the set of counties comprising a CBSA as an entity of highly related demographic-economic conditions.

Keeping Up-to-Date with Metro Demographic-Economic Data
Metropolitan Statistical Areas (MSAs/metros), comprised of one or more contiguous counties, are important for many reasons. Business, demographic and economic data for these 384 areas, each developed around an area of large population concentration, provide a “10,000 foot” view of these characteristics and how they are changing. As they are comprised of county groups, much of the subject matter data are also available for drill-down analysis at the county and sub-county levels. Metro boundaries change some over time … as more peripheral counties are added or removed depending on their demographic-economic affinity with central county(s).

Metros are an important part of the ProximityOne Situation & Outlook program. Metro demographic-economic estimates and projections are updated to reflect 2018 vintage metros. This includes all elements of the Census-sourced age-race/ethnicity-gender annual estimates and American Community Survey demographic-economic subject matter.

Designating Metros and Delineating Metro County Components
More detail … in consultation with Federal statistical agencies, OMB defines metropolitan statistical area boundaries. This section provides a summary of Metropolitan Statistical Areas (MSAs), and component Metropolitan Division and Counties/County Equivalents, as delineated in OMB Bulletin 18-04 issued September 14, 2018. These delineations take place immediately. This is a significant update affecting approximately 20-percent of previous MSA delineations (one or more county addition or removal).

Under the September 14, 2018 delineation, there are 938 Metropolitan Statistical Areas (MSAs) and Micropolitan Statistical Areas (MISAs) in the U.S. and Puerto Rico, collectively referred to as Core-Based Statistical Areas (CBSAs). There are 392 MSAs (384 in the U.S. and 8 in Puerto Rico). 11 MSAs contain a total of 31 Metropolitan Divisions. There are 546 MISAs (542 in the United States and 4 in Puerto Rico).

The 384 U.S. MSAs comprise 1,181 counties of total 3,142 U.S. counties. The total 2017 population of these metros was 280,468,904 of total 325,719,178 U.S. population (86.1%).

See related sections:
• Metros Main Section
• Metros Situation & Outlook Reports
.. click link in column 3 in table in above page to view detailed report
• Metro Demographic-Economic Interactive Tables
• County Population/Components of Change Interactive Table

Data Analytics Web Sessions
Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

Metropolitan Area New Residential Construction in 2017

.. understanding the housing situation; examining housing supply and demand market conditions; assessing trends for metropolitan areas … and how metros of interest are changing .. tools and data to examine patterns and change.

During 2017, cities and counties in permit issuing places authorized the construction of 1,281,977 new privately owned housing units with a total valuation of $258.5 billion. This was 1.4 percent above the annual estimate of 1,264,051 housing units and is a 6.2 percent increase from the 2016 total of 1,206,642.

Patterns of New Residential Construction by Metropolitan Area
The following graphic shows the 20 largest metropolitan statistical areas (MSAs) based on the number of new residential housing units authorized in 2017. Click graphic for larger view showing MSAs labeled with rank and name.

View created with CV XE GIS. Click graphic for larger view.

Residential Construction Data Analytics — Using Tools & Data
Visit the related Web section to access interactive table and GIS/GeoSpatial analytical tools and data.

Data Analytics Web Sessions
Join me in a Data Analytics Web Session, every Tuesday, where we review access to and use of data, tools and methods relating to GeoStatistical Data Analytics Learning. We review current topical issues and data — and how you can access/use tools/data to meet your needs/interests.

About the Author
Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.