bls_1115_1952.pdf

structuralch aracteristics

New Housing in fin a n cin g

Metropolitan Areas, 1949-51

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New Housing in

Metropolitan Areas, 1949-51

structural characteristics

financing

sa le s prices

rents

incom es

ve te ran status

BULLETIN NO. 1115 UNITED STATES DEPARTMENT OF LABOR

Maurice J. Tobin, Secretary BUREAU OF LABOR STATISTICS

Ewan Clague, C om m issioner

For sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D . C. Price 35 centsDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

L etter o f Transm ittal

UNITED STATES DEPARTMENT OF BUREAU OF LABOR

Washington, D. C .,

LABOR,STATISTICS, September 25, 1952*

THE SECRETARY OF LABOR:

I have the honor to transm it herew ith a rep ort on new housing b u ilt in certa in large m etropolitan areas during 1949-1951.

This report presents com prehensive f i n a l r e s u lts o f th e Bureau o f Labor S t a t is t ic s recent s tu d ie s o f th e s tr u c tu r a l c h a r a c t e r i s t i c s , sa les p r ice s , fin an cin g , ren ts , and the incomes and veteran status o f occupants o f new p rivate housing b u ilt in the standard m etropolitan areas o f A tlan ta , Boston, Chicago, C leveland, D allas, Denver, D etro it , Los Angeles, Miami, New York, P h iladelph ia , P ittsburgh , San F ra n cisco , S e a tt le , and Washington, D. C. The data re la te to se lected quarters o f 1949, 1950, and 1951o

Final rev ised estim ates fo r a l l data p rev iou s ly released on these studies by the Bureau are included in this B u lle tin , plus h itherto unpublished summaries compiled f o r an a lysis in sp ecia l re p o rts .

This p u b lica tion was planned and the m ateria l assembled by Mary F . Carney o f the Bureau s D iv ision o f Construction S t a t is t i c s .

EWAN CLAGUE, Commissioner

Hon. MAURICE J . TOBIN,S ecretary o f Labor.

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New Housing in Metropolitan Areas, 1949-51

CONTENTSCoverage, sou rces, and r e l i a b i l i t y o f estim ates D e fin ition s and exp lan ation s.......................................

h7

S t a t is t ic a l tab les

STRUCTURAL CHARACTERISTICS OF NEW DWELLING UNITSS elected c h a ra c te r is t ic s (1-Fam ily Houses S tarted : F loor space, bathrooms,

basements, window frames, type o f h eatin g , type o f b u ild e r , and average con stru ction c o s t )

1 . 15 m etropolitan areas, s e le c te d quarters o f 19^9 , 1950, 1951...................... 132. 7 m etropolitan areas, January-March 1950............................................................... 18

D etailed ch a r a c te r is t ic s3. 1-Family Houses S tarted , S e lected Areas, S elected Quarters, 19l9, 1950. 19

A Plan: S to r ie s , A tt ic S u itab le fo r F in ish ing , Room CountB M ateria ls: Outside and In te r io r WallsC Heating SystemsD T^pe o f S tru ctu re , Garage, Porch, F irep la ce , Sewage-Disposal

and Water-Supply Systems

1*. Units in 5-or-m ore Family S tructures S tarted , S e lected Areas,Selected Quarters, 19l*9, 1950................................................................................. .. 23ARoom Count, Bathrooms, ELevator S erv ice B F loor SpaceCM ateria ls: Outside and In te r io r Walls and Window FramesD Heating Systems

SALES PRICES, FINANCING, PURCHASERS' INCOMES AND VETERAN STATUSSummary data, 10 m etropolitan areas, s e le c te d quarters 19U9, 1950, 19515. Number of Houses Purchased, Median Purchase Price, Price C lasses,

Financing and Income C h a ra cte r is t ics ........................................................................ 25ANumber Purchased, Median Purchase P r ice , P rice Classes B Financing C h a ra cter istics C Income C h a ra cter istics

Detailed data, se le cte d m etropolitan areas, se le cte d qu arters , 19U9> 1950,19516 ; Percentage D istr ib u tion o f Purchased Houses, and Average Purchase

P r ice , by Mortgage Status and by Purchasers' Veteran S tatus.................... 287. Percentage D istr ib u tio n o f Purchased Houses by Purchase-Price C la s s . . . 29

AA ll Purchased Houses BMortgaged HousesCMortgaged Houses Purchased by World War I I Veterans DMortgaged Houses Purchased by Other Veterans and Nonveterans

8 . Percentage D istr ib u tion o f Mortgaged Houses by Veteran Status o f Purchaser and by Type of Mortgage.................................... 33

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CONTENTS

SALES PRICES, FINANCING, PURCHASERS' INCOMES AND VETERAN STATUS (Cont'd.) Detailed data, selected metropolitan areas, selected quarters, 19l*9> 195Q>

1951, (Cont'd.)9 . Percentage D istr ib u tion o f Mortgaged Houses by Type o f Mortgage and

by Percent o f Initial Equity..................................................................................... 3UAA ll Mortgaged Houses3Mortgaged Houses Purchased with VA-Guaranteed Mortgage CMortgaged Houses Purchased with FHA-Insured and Conventional

(Uninsured) Mortgage10. Percentage D istr ib u tion o f Mortgaged Houses by Purchase-Price Class

and by Percent o f I n i t ia l Equity............................................................................. 37A I n i t ia l Equity in Houses Priced Under $9,500 B I n i t ia l Equity in Houses Priced $9500-$12,l*99 C I n i t ia l Equity in Houses Priced $12,$00 and over

11. Percentage D istr ib u tion o f Purchasers by Income C lass, Average Purchase P rice by Income C lass, and Ratio o f Purchase P rice to Incom e.. 1*0 A Income Class fo r Purchasers o f New Houses B Average Purchase P rice by Income Class CR atio o f Purchase P rice to Income

Deta ile d data, 15 m etropolitan areas, l a s t h a lf 191*912 . Average Purchase Price o f New Mortgaged Houses, by Veteran Status

o f Purchaser and by Type o f Mortgage...................................................................... 1*313. Average Amount o f Mortgage and Average Monthly Mortgage Payment........... U3lJU. Average Duration o f Mortgage and Average In te re s t Rate, by Type o f

Mortgage................................................................................................................................. 1*1*15. Source of Down Payment and Average Amount of Initital Equity.................. 1*516. Source of First Mortgage Loan..................................................................................... 1*517. Income Class f o r Purchasers o f Mortgaged Houses: Percentage D istribu

t io n , Average Purchase P r ic e , and Mortgage Amount as Percent o f Purchase P r ic e .................................................................................................................... 1*6

18. Income Class fo r Purchasers o f Mortgaged Houses: Average Amount o fMortgage, R atio o f Mortgage Amount to Income, and R atio o f Mortgage Payment to Income............................................................................................................. 1*7

19. Proportion o f New Houses Mortgaged, by Purchasers' Income C lass........... 1*820. Percentage D istr ib u tion o f Houses Purchased, by Type o f Building Opera

t io n , Mortgage S tatus, and Veteran Status o f Purchaser............................. 1*821. Type o f Building Operation: Percentage D istr ib u tion by Room Count, and

Average Square Feet o f F loor Space and Average Purchase P r ic e ................ 1*922. Percentage D istr ib u tion by Percent o f I n i t ia l Equity f o r A ll Houses,

O perative- and C on tract-B u ilt Houses, and Houses Purchased by Veterans and Nonveterans.................................................................................................................. 51

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CONTENTS

SALES PRICES, FINANCING, PURCHASERS' INCOMES AND VETERAN STATUS (Cont'd.)

D eta iled data, 15 m etropolitan areas, la s t h a lf 19k9 (Cont'dJ

23. Proportion o f Houses Having S p e c ifie d Equipment Included in PurchaseP r ic e ........................................................................................................................................ 53

NEW SALES AND RENTAL HOUSING21*. Elapsed Time from Completion o f New Dwelling Units U ntil Purchase or

R enta l, 15 M etropolitan Areas, Last H alf 191*9................................................ 5325. Percentage D istr ib u tion o f Completed Dwelling Units by Intended D is

p o s it io n (For Sale or R en t), by Type o f Building Operation and by Type o f S tru ctu re , 10 M etropolitan Areas, S elected Quarters, 1950, 1951* 5h

NEW RENTAL HOUSING

S elected m etropolitan areas, se le cte d quarters 19t*9 195>0> 195126. Percentage D istr ib u tion o f Rented Units by Monthly Rental C lass, and

by Veteran Status o f Tenant........................................................................................ 56A A ll Rented Dwelling UnitsBUnits Rented by World War I I VeteransCUnits Rented by Other Veterans and Nonveterans

27. Income Class f o r Renters o f New U nits: Percentage D is tr ib u tio n , Average Monthly Contract Rent, and Rent-Income R a tio .......................................... 59A Income Class f o r Renters o f New Units B Average Monthly Contract Rent by Renters' Income Class CRatio o f Rent to Income

S elected m etropolitan areas, s e le c te d quarters 191;9, 19f>0

28. Percentage D istr ib u tion o f Rented Units by Room Count, and AverageMonthly Rent by Room Count.......................................................................................... 62A Number o f RoomsBAverage Monthly Contract Rent by Number o f Rooms

29. Proportion o f Rented Units Having U t i l i t ie s and Equipment Includedin Rent................................................................................................................................... 63

LIST OF RECENT ELS PUBLICATIONS ON NEW HOUSING IN METROPOLITAN AREAS......... 6k

This p u b lica tion prepared by DIVISION OF CONSTRUCTION STATISTICS

W alter W. Schneider, Acting Chief


NEW H O U SIN G

IN M ETROPOLITAN AREAS

This b u lle t in presents comprehensive f in a l re su lts o f the Bureau o f Labor S t a t is t ic s recent s tu d ie s o f th e s tr u c tu r a l c h a r a c t e r i s t i c s , sa les p r ice s , fin a n cin g , ren ts , and the incomes and veteran status o f occupants o f new p rivate housing b u ilt in certa in large m etropolitan areas. The data re la te to se lected quarters o f 1949, 1950, and 1951, and are the findings o f surveys made in A tlanta , Boston, Chicago, Cleveland, Dallas, Denver, D etroit, Los Angeles, Miami, New York, P h iladelph ia , P ittsb u rg h , San F ra n c is co , S e a t t le , and W ashington, D. C. 1 / Prelim inary re su lts o f these surveys were published, as soon as the data became a v a ila b le , in press re le a se s and in monthly issu es o f C onstruction (February- August 1951). A lso , s p e c ia l rep orts appeared in C onstruction and the Monthly Labor Review during 1950-52. This report conta ins f in a l rev ised estim ates fo r a l l data p rev iou sly re lea sed , plus h ith erto unpublished summaries compiled fo r a n a lysis o f the data in sp e c ia l re p o r ts .

A supplement to C o n stru ct io n , issu ed in May 1951, p rov id ed monthly and annual estim ates o f th e number o f new nonfarm d w ellin g u n its started (p r iv a te and p u b lic ) in these 15 areas during the 5-year period 1946-50, and th e average con stru ction cost o f p r iva te 1 -fam ily houses.

Sources o f data . Area housing s t a t is t i c s were c o lle c te d by th e Bureau through f i e ld surveys made in each o f th e 15 a re a s . The inform ation on the volume o f p rivate housing started was co lle c te d from building-perm it records, and by in te r views with b u ild ers or prospective owners. In perm it-issu ing parts o f an area, the survey covered a l l units in la rge p r o je c ts , and included a sample o f u n its in sm aller p r o je c ts . In non -perm it-issu ing parts o f an area, a complete count was made o f new dw elling u n its s ta rte d .

Studies on the s ize and stru ctu ra l ch a r a c te r is t ic s o f new p rivate housing complemented the surveys o f housing s ta rts ; the sources o f inform ation were the same, and the survey procedures were performed sim ultaneously. 2 /

The pu rchase-price , ren ta l, income, and m ortgage-financing data were based on a sample o f p rivate dw elling u n its completed in the areas, with inform ation c o lle c te d d ir e c t ly from the in i t ia l purchaser or tenant o f the dw elling u n it . 2 / Coverage included houses b u ilt on contract le t by the owner, but excluded owner- b u ilt and cooperative houses, and those with a con stru ction cost o f $30,000 or more.

R e l ia b i l i t y o f the estim ates. Because the estim ates are based on sample data, they are subject to sampling v a r ia b il ity . However, fo r housing sta rts estim ates in the 15 areas, studies have revealed that the sampling v a r ia b i l i t y i s s u f f i c ie n t ly small to be n e g l ig ib le .

G enerally , th e r e l i a b i l i t y o f an estim ated percentage depends upon the s iz e o f the percentage and the s ize o f the t o t a l on which i t i s based. Small percentages are su b ject t o la rg e r r e la t iv e e rro rs than la rge percen tages. In


COVERAGE. SOURCES. AND RELIABILITY OF ESTIMATES

addition to sampling variation, the estimates are subject to biases due to errors of response and to non-reporting, but the possible effect of such biases is not included in the measures of reliability shown below,,

Structural characteristics. For 1-family houses, sampling variations differ among the areas, but on the average, the chances are 19 in 20 that the results of a complete census would not differ from sample results by more than plus or minus 105 percentage points for a 2 or 98-percent estimate, or plus or minus 2.5 percentage points for a 5 or 95-percent estimate. Jj All units in 5-or-more family structures were covered in the characteristics surveys, so that the data are in effect a complete census of the structural characteristics of this type housing.

Purchased houses. For new purchased 1-family houses, the following table presents the approximate sampling variability of a number of estimated percentages based on the total of purchased units completed during the last half of 1949. 2/ For example, the chances are about 19 in 20 that the results of a complete census would not differ from sample results by more than plus or minus 1.5 percentage points for a 2 or 98-percent estimate, or plus or minus 2.5 percentage points for a 5 or 95-percent estimate.

E s tim a te dpercentage

1 or 992 or 98 5 or 9510 or 90 30 or 70

50

Samplingvariability1.15 percent1.50 percent2.50 percent 3.65 percent 5.

COVERAGE. SOURCES. AMD RELIABILITY OF ESTIMATES

To i l lu s t r a t e the above, assume th at f o r the A tlanta area sample re su lts showed 10 percent o f the u n its rented f o r $80-$90. I f a com plete census were taken, the chances are 19 in 20 that the resu lts would show between 6 .6 percent and 13.4 percent o f the u n its renting f o r $80-$90.

1 / The m etropolitan areas surveyed fo llo w boundaries established fo r use in the 1950 Census, and fo r standard use by a l l Government s ta t is t ic a l c o l le c t in g agenc ie s .2 / The 1949 survey covered 15 areasj but th e 1950-51 surveys were lim ited (because o f budget reductions) both in the number o f areas covered and in the amount o f data tabulated f o r p u b lica tio n .

On the sa le s -p r ice and rental surveys, a l l interview s with occupants o f new u n its completed during July-December 1949 were concluded by May 1950} f o r u n its completed during October-December 1950, interview s covered u n its so ld or rented by March 1, 1951} and f o r units completed during January-March 1951, in terv iew s covered u n its so ld or rented by June 1, 1951.2 / These statem ents o f sam pling v a r i a b i l i t y a p p ly on ly t o th e 1949 surveys. Although variances were not computed in d e ta il f o r the 1950-51 surveys, p re lim inary an a lysis in d ica te d that the magnitude o f the e rrors would not be la rg e r , and may be somewhat sm aller than th e sampling e rro rs c ite d above f o r the 1949 surveys, because o f improved sampling techniques in la t e r surveys.


D E F IN IT IO N S A N D E X P L A N A T IO N S

Mew Housing Started

Dwelling unit. A room, or group of rooms, containing permanent cooking facilities, i.e., the minimum built-in facilities essential to housekeeping.

Starting date. The date on which excavation work for the basement or for foundation of a structure is started.

Private housing. Nonfarm dwelling units built and owned by private individuals or organizations..including those receiving such public aid as tax exemptions, insurance or guarantee of loans, and donations of land; excluding those receiving direct public grants or subsidies.

One-family house. A dwelling unit for one family which has a separate and direct entrance from the outside, an individual heating plant, separating walls which reach from ground to roof, and which can be sold independently of nearby or adjoining units. It may be detached, semidetached, or one of a solid row0

Detached house. None of four outer walls attached to any other structure.

Semi-detached house. Standing side-by-side with another house to which it is joined by a common wall which reaches from ground to roof. Either unit can be sold independently of the other unit.

Attached (row) house. Standing in a row with other houses (usually identical); may be three or more houses in a row, but each house has completely separating walls reaching from ground to roof, and can be sold independently of other units in a row.

Two-to-four family structure. May be any combination of 2, 3, or 4 units in a structure, and is defined as follows:

2- famlly structure. Contains dwelling units for two families, but not suited for separate sale of the individual dwelling units; i.e., the units have a common attic or basement, or a conmon heating plant, or other common feature.

3- 4 family structure. Contains dwelling units for three or four families, with any arrangement of stairs, entrances, etc., but not suited for separate sale of the individual units.

Five-or-more family structure. One building (with or without stores or shops) containing 5 or more family dwelling units. The units usually have common facilities, such as a common outdoor entrance, heating, etc.

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DEFINITIONS AND EXPLANATIONS

Construction cost is the builder's estimate, made at the start of construction. It represents the cost of a structure, and includes cost of labor, materials, subcontracted work, and that part of the builder's overhead and profit chargeable directly to the building of the structure. It excludes sales profit, cost of land and development, and architectural, engineering, and all other such nonconstruction expenses.

Average construction cost (1-family house). Represents the average of builders' estimates of the construction cost of all the new private 1-family houses started in an area. It is affected by variations in the size and design of the houses, and in the size and type of projects started, as well as by changes in the cost of materials and labor. It does not represent the cost of a typical house.

Story. A room, or group of rooms, on one level, which provides livable floor space; has finished floors, ceilings, and walls, suitable ventilation and light via windows, and ceiling at full height above floor. A finished attic suitable for living purposes is counted as a half story; an unfinished attic that could be finished for living purposes is not counted as livable space, nor is an attic suitable only for storage.

1- story. Living space all on one floor.

1 and 1/2 story. Living space primarily on first floor; considerably less finished living space on second floor; and with a permanent stairway to second floor. Outside walls are not of full height for two complete stories; there is a permanent finished stairway to the second floor.

2- story. Living space divided almost equally between two floors. Outside walls are continuous for two stories; there is a permanent finished stairway to the second floor.

Attic suitable for finishing. An unfinished attic with sufficient floor area and wall height for living purposes; with provision for suitable ventilation and light; with a permanent stairway (not a ladder or disappearing stairs).

Basement. Full basement. Extends to outer-wall foundation of structure; has approximately same floor area as first floor of house; provides not less than 5 feet of head room. Partial basement: Same as above except with considerably less floor area than first floor of house. Partial excavation providing garage space is counted as a basement garage and not as a partial basement.

Porch. May be covered or uncovered; must have at least 72 square feet of floor space. Excluded: Fully enclosed space (which is counted as a room), patio, terrace, or any other outside living area which is not a part of the structure.

Room. A space suitable for occupancy; permanently enclosed on all sides with walls, floor, and ceiling; and intended and designed for the normal "living" activities of eating, sleeping, and recreation. Only finished livable floor space is counted; an expansion attic suitable for finishing is not counted. Half rooms include small spaces for kitchenette, dinette or breakfast nook, and dressing rooms.



Livable floor space. Includes utility room, but excludes basement, unfinished attic, open porch, etc.

Exterior wall construction.

Masonry. A "solid" wall supporting the floors and roof; consisting of moder- rately small units such as brick, stone, concrete block, cinder block, structural tile, etc.

Frame. A wall of vertical wooden members (studs) supporting the floors and roof; usually connected by an outer sheathing of wooden boards, plywood, insulating board, or building board, which serve as bracing.

Other. A wall of other material than masonry (as described above) or wooden studs. May be steel frame panels, poured concrete, combination of metal and lumber, concrete and steel, and sheathing panels with supplementary frame members*

Exterior wall facing:

Asbestos shingle. Of asbestos or asbestos cement hard and brittle, as distinguished from soft composition materials (see "Other" below).

Brick. Of clay or concrete over masonry or frame. "Brick veneer" is a single brick layer over frame wall.Concrete block. Of concrete, cement, or cinder block. May be treated (painted or waterproofed) or not. May be used as facing, for frame or masonry wall.Masonry and frame. Exterior wall facing approximately half masonry (brick or other masonry units) and half wood.

Stucco. Plaster, smooth or textured surface, applied wet directly to masonry wall, or over wooden or metal lath to a frame wall.

Wood. Wooden clapboards, abutted boards* shingles, etc*

Other:

Composition. Soft pliable material, such as tar paper, asphalt siding and shingles, imitation brick and shingles, or other fibrous materials held together by a gum cement*

Metal. Galvanized steel, aluminum, or any other metal.

Stone. Any natural or artifical stone.

Combination. Approximately equal proportions of any materials. Exclude brick (or other masonry units).



Interior wall facing;

Plaster. Applied wet.

Wall board. Composition wall board, commonly known as plaster board, gyp- board, or "sheet rock."

Other. Any other basic material, such as metal, wood, or plywood, or any other composition board of fibre or plastic compound.

Heating facility;

Central. Heating medium originates at a central location; is conducted by pipes or ducts to parts of the structure; heat is released through radiators, panels, or registers.

Hot water. Heated at central location; piped to parts of struct lire; heat released via sectional or baseboard radiators, or via panels which comprise relatively large sections of the walls, floors, or ceilings.

Hot air. Heated at a central location; piped to parts of structure through metal ducts, asbestos lined wood, or flame-proofed canvas; heat released through open registers, or via radiant panels as described above. Also includes pipeless furnace in basement.

Steam. Generated in central location; piped to radiators in parts of structure.

Other.

Floor or wall furnace. A furnace or heater built into the floor or walls, with one or two registers or screens through which heat is released.

Space heater. Any large radiant stove or circulating heater, connected to a chimney or vent; using coal, oil, gas or wood as fuel.

Bathroom. Complete: Has at least three fixtures toilet, lavatory, and bathtub or shower stall. Partial: Has only two of preceding fixtures.

Water supply:

Community system. Any type of system furnishing water to a community or a large group of units. Source of supply may be a deep well, stream, reservoir, or any other source. System may be publicly or privately owned.

Individual system. Any type of system furnishing water to one unit only. The water may or may not be piped into the unit.



Sewage disposal:

Community system. Any type of system servicing a community or a large group of dwelling units. The system may be publicly or privately owned.

Individual system. Any type of system servicing only one unit. May be a septic tank, cess pool, or there may be no installed system.

Type of building operation:

Operative-built. Units built for sale or for rent.

Contract-built. Single units built, for owner-occupancy, by a general contractor under a contract from the owner0

Owner-built. Units built by the owner without benefit of a prime contractor. The owner may subcontract portions of the work, or perform all of it himself

New Housing Completed

Completion date. The date on which all essential work on the structure has been finished, and unit is suitable for occupancy. Must be fully enclosed; have finished flooring (hardwood, linoleum, or other) laid; have plumbing, heating, and electrical installations in working order; enough finished hardware to make unit suitable for living.

Purchase price. Total contract price paid (including any equipment items provided by the contractor) by initial purchaser of a new house. Settlement charges are excluded. Fora contract-built house, total costs are considered the equivalent of the purchase price, including cost of land, cost of building the structure (including any equipment items provided by the contractor), as well as any other costs that were incurred before the house was ready for occupancy, such as sewers, water a n d meter connections, and streets and walks.Mortgaged house. New house purchased with loan funds. The loan is secured by the property purchased.

First mortgage. A mortgage loan contract giving the lender a lien prior to any other lien against the mortgaged property.

Second mortgage. A mortgage loan contract which is subordinate to a first mortgage; a lien second to that of the first mortgage on the same property.

Uninsured mortgage loan. A mortgage loan, from any source, which is not insured by an agency of the United States Government.

F.H.A,. insured mortgage loan. A mortgage loan obtained under Federal Housing Administration regulations, which is insured by the F.H.A. against default.



VoAo guaranteed mortgage loan. A mortgage loan obtained under Veterans Administration regulations which is guaranteed by that agency against default.F.H.Ao-V.A. combination mortgage loan. A combination of two mortgage loans. The F.H.A. insured mortgage is the first lien on the property purchased; the V.A, guaranteed mortgage is the second lien on the same property.Monthly mortgage payment. Covers principal and interest, but excludes any amounts for taxes and insurance.Initial equity. Represents the difference between total purchase price and amount of mortgage. Excludes settlement charges. For contract-built houses, the initial equity represents the difference between total cost (of house and land) and amount of mortgage.Income. Covers estimated total 1949 money income of head of household and spouse. Represents combined income from all sources wages and salaries before any deductions; net receipts from self employment, from roomers and boarders, from rent received from real estate, and from interest, dividends, pensions, and retirements; and money income from all other sources. Does not represent total assets.


STRUCTURAL CHARACTERISTICS

Table 1. Structural Characteristics and Average Construction Cost of New 1-Family HousesStarted in 15 Metropolitan Areas, Selected Quarters of 19U9-1951

All areas Atlanta Boston

Item19U9 1930 1951 19U9 1950 1951 19U9 1950 1951

QUARTER

3-U 2-3 1 3-U 2-3 1 3-U 2-3 1

Number of houses started .. U t6,970 21*1*, 710 72,U10 3,680 6,U*0 2 ,2 0 0 U,2U0 7 ,0 3 0 1 ,8 1 0

Average construction cost . $ 8 ,500 $ 9 ,2 0 0 $10 ,700 $ 6 ,900 $ 7 ,900 $ 8 ,8 0 0 $ 9 ,1 0 0 $ 9 ,700 $11 ,000

Percentage distribution

Structuralcharacteristics

Floor area (sq. ft.) ..... 100 100 100 100 100 100 100 100 100Less than 700 ........................ 9 3 k 12 3 k 8 5 1700-799 ...................................... 21 XU 11 13 6 7 32 25 2U800-899 ...................................... 22 21 15 18 23 lii 17 21 19900-999 ...................................... 13 III 16 16 21 23 6 10 131 ,0 0 0 -1 ,1 9 9 ............................. 18 25 25 22 2ii 19 8 11 91 ,2 0 0 -1 ,5 9 9 ............................. 12 Ik 18 12 lk 20 18 17 181 ,600 and over ......... 3 6 11 7 9 12 10 11 16

Number of baths .......... 100 100 100 100 100 100 100 100 100Less than one .......... 1 1 2 11 2 k (1 / ) (1 / ) U/)One ..................... 88 86 78 80 89 82 8U 8U 78More than one .......... 11 13 20 9 9 1k 16 16 22

Basement or utility room .. 100 100 100 100 100 100 100 100 100Full or partial basement. 31 52 61 27 22 3k 90 93 9UUtility room (no basement). 17 17 17 10 21 22 3 2 kNo basement or utility

room ........... 32 31 22 63 57 kk 7 5 2

Window frames ............ 100 100 100 100 100 100 100 100 100W o o d .............. . 72 67 62 93 85 86 9U 90 88Steel ................... 2k 25 27 6 7 9 6 10 12Aluminum ................ k 8 10 1 7 5 0/> ( 1 / )

Type of heating .......... 100 100 100 100 100 100 100 100 100Central ................. 66 68 80 15 25 32 100 100 99Other ................... 30 28 15 81i 73 66 (1 / ) ( 1 / ) 1None .............. . k 3 5 1 2 2 (i/) (i/> 1

Builder ................... 100 100 100 100 100 100 100 100 100Operative builder ...... 76 69 77 6L 7ii 7h 81 58 69Contractor ............. 12 19 12 7 9 10 16 20 1UOwner ................... 12 12 10 29 17 16 3 21 17

See footnotes at end of table.



Table 1. Structural Characteristics and Average Construction Cost of New 1-Family HousesStarted in IS Metropolitan Areas, Selected Quarters of 19U9-1951 Continued

Chicago Cleveland Dallas

Item19U9 1950 1951 19U9 1950 1951 19U9 1950 1951

QUARTER

3-U 2-3 1 3-U 2-3 1 3-U 2-3 1

Number of houses started .. 13,010 23,3UO 1*,1*30 5 ,3 8 0 9,01*0 1,630 U, 220 6,510 2,630Average construction cost . $10,600 $11,000 $13,000 $11,100 $11,900 $13,200 $ 7 ,300 $8,800 $10,700

Percentage distributionStructural

characteristicsFloor area (sq. ft.) ..... 100 100 100 100 100 100 100 100 100Less than 700 ........................ 9 8 5 10 2 2 5 7 8700-799 ...................................... 16 12 7 20 23 17 35 1U 6800-699 ...................................... 16 20 17 17 18 20 28 30 21900-999 ...................................... 18 17 22 12 16 16 5 10 91 ,0 0 0 -1 ,1 9 9 ............................. 16 20 23 Hi 21 22 13 17 171 ,2 0 0 -1 ,5 9 9 ............................. 13 16 19 18 15 18 6 10 22l,o0G and over ......... 10 5 7 8 5 5 8 12 17

Number of baths .......... 100 100 100 100 100 100 100 100 100Less than one .......... ( ! / ) 1 2 ( ! / ) 0 1 2 5 uOne ................... 87 85 88 82 88 8U 89 8U 77More than one .......... 13 lU 9 16 12 15 9 11 19

Basement or utility room .. 100 100 100 100 100 100 100 100 100Full or partial basement. 72 71 72 73 78 81 0 1 (1 /0Utility room (no basement) 22 25 23 2k 21 16 3 2 6No basement or utilityroom ........... 6 U 5 3 1 3 97 97 93

Window frames ............ 100 100 100 100 100 100 100 100 100Wood .................. 87 79 81$ 73 76 81 55 53 UUSteel ................. 10 17 12 2li 19 Hi Ul Ul U8Aluminum .............. 3 U 1$ 3 5 k U 6 8

Type of heating .......... 100 100 100 100 100 100 100 100 100Central ................ 93 95 97 99 99 99 8 1U 35Other ................. 7 2 2 1 0 1 92 71 U9None................ . 0 3 1 (i/) 1 0 lU 15

Builder ................. 100 100 100 100 100 100 100 100 100Operative builder ...... 57 55 63 59 65 70 8U 83 80Contractor ............ 23 20 2k 23 19 21 12 6. lUOwner ................. 20 25 13 16 16 9 U 11 6


UiDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STRUCTURAL CHARACT'LRISTICS

Table 1.--Structural Characteristics and Average Construction Cost of New 1-Family HousesStarted in 15 Metropolitan areas, Selected Quarters of 19L9-195l-~Oofltinued

Denver Detroit Los Angeles

Item 191*91950 1951 19i*9 * 1950 1951 191*9 1950 [ 1951

QUARTER

3-1* ro 1 1 3-ii 2-3 1 3-U 2-3 1

Number of houses started .. 3,260 5,070 2,030 19,380 23,950 6,01*0 28,080 50,160 19,L90Average construction cost . $7,700 (2/) $11,600 $8,100 $9,600 $10,500 $6,900 $7,500 $9,600


characteristicsFloor area (sq. ft.) ..... ICO 100 100 100 ICO 100 100 100 (2/)Less than 700 .......... 12 5 3 12 6 5 5 li (2j)700-799 ............... uo 26 20 U5 35 31 18 6 (2/)800-899 ............... 21 21 21 16 20 19 32 27 (2/0900-999 ............... 11 16 21 11 12 18 13 Hi (2/)1,000-1,199 ........... 7 16 15 8 111 13 22 35 (2/01,200-1,599 ........... 6 1C 13 5 8 9 5 9 (2/01 ,60C and over ......... 2 5 7 2 5 5 ii 5 (2/0

Number of baths.......... 100 100 100 100 100 100 100 100 (2/)Less than one .......... 0 (1/) h 0 2 5 (I/) (1/i (2/)O n e ................... 90 88 81 95 91 87 92 89 (|/)More than one .......... 1C 11 15 5 7 8 6 10 (2/0

Basement or utility room .. 100 100 100 100 100 100 100 100 (2/)Full or partial basement. 33 hh 36 83 82 77 1 1 (2/)Utility room (no basement) li5 hi U6 13 15 12 23 19 (2/)No basement or utility

room ........... 22 15 16 h 3 11 76 80 (2/)Window frames ........... 100 100 100 100 100 100 100 100 (2,0Wood .................. 39 28 29 75 75 66 78 85 (2/)Steel ................. 59 67 71 23 23 13 20 12 (2/)Aluminum .............. 2 h (1/) 2 2 1 2 3 (2,0

Type of heating ...... 100 100 100 100 ICO 100 100 100 (2/)Central ............... 78 86 9h 95 97 89 7 8 (2/)Other ................. 22 12 3 5 2 10 92 91 (2/)None.................. 0 0/0 3 1 1 1 1 (2/0

Builder ................. 100 100 100 100 100 100 ICO 100 (2/)Operative builder ....... 81 7h 83 85 77 83 83 55 (2/)Contractor ............. 8 17 6 6 9 11 6 ho (2/0Owner ................. 11 9 11 9 Hi 6 11 U (2/)


225836 0 - 52 - 3 15Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Table 1, Structural Characteristics and Average Construction Cost of New 1-Family HousesStarted in 15 Metropolitan Areas, Selected Quarters of 19U9-1951 Continued

Miami New York Philadelphia

Item191*9 1950 1951 191)9 1950 1951 191*9 1950 1951

QUARTER

3-1* 2-3 1 3-1 2-3 1 3-U 2-3 1

Number of houses started .. 3,380 6,630 2,610 29,100 1*9,790 12,030 10,0i;0 18,1*1*0 1*,700Average construction cost . 17,200 $8,300 $10,300 $8,900 $9,500 $12,000 $8,200 $8,600 $9,700

Percentage distribution

Structuralcharacteristics

Floor area (sq. ft.) ..... 100 100 100 100 100 100 100 100 100Less than 700 .......... 16 k 11 11 5 2 k 7 k700-799 ............... 18 1 5 21 21 8 7 7 6800-899 ............... 27 25 8 2U 23 17 15 Ik 12900-999 ............... 6 2h 16 11 lk 17 11* 11 131,000-1,199 ........... 17 19 23 13 17 2h 30 33 3k1,200-1,599 ........... 11 10 17 1U 15 20 25 21 201,600 and over ......... 5 10 20 5 6 11 5 7 10

Number of baths ......... 100 100 100 100 100 100 100 ICO 100Less than one .......... 5 (1/) 1 (1/) (I/O (1/0 (i/O 1 (i/OOne ................... 83 81 71 81* 6U 7k 87 83 79More than one .......... 12 19 28 16 16 26 13 16 21

Basement or utility room .. 100 100 100 100 100 100 100 ICO 100Full or partial basement. Cl/) (J/> (1/) 76 76 82 91 85 78Utility room (no basement) so 57 kk 5 11 13 6 8 15No basement or utility

room........... so k3 56 19 13 5 3 6 7Window frames ........... 100 100 100 100 100 100 100 100 100Wood .................. 8 3 6 75 61 63 78 77 79Steel ................. 70 36 29 21 26 2k 16 15 lkAluminum .............. 22 61 66 k 13 13 6 8 8

Type of heating .......... 100 100 100 100 100 100 100 100 100Central............ . (!/) (1/0 0/0 99 99 100 100 99 98Other ................. 7 16 26 1 (1/) 0 0 1 2None .................. 92 81* 7k (l/> 1 (1/) (i/O (i/O (1/0

Builder ................. 100 100 100 100 100 100 100 100 100Operative builder ...... 85 73 68 75 80 82 82 79 83Contractor ............. 5 11 15 16 11 8 10 11 8Owner ................. 9 16 17 9 9 9 8 10 10




Table 1. Structural Characteristics and Average Construction Cost of New 1-Family HousesStarted in 15 Metropolitan Areas, Selected Quarters of 19U9-1961 Continued

Pittsburgh San Francisco Seattle Washington19U9 I960 1961 191*9 1950 1961 191*9 I960 1961 191*9 1950 1961

Item QUARTER

3-U 2-3 1 3-U 2-3 1 3-U 2-3 1 3-U 2-3 1

Number of houses started. 3,550 6,950 1,580 8,91*0 15,1*20 5,660 2,620 1*,230 1 ,1*60 5,950 12,670 1*,11*0Average construction cost. $9,300 $9,1*00 =# H* O O o $8,900 $9,1*00$10,1*00 $8,100 $9,1*00 $10,500 $10,000 $11,200 $12,200


characteristicsFloor area (sq. ft.) ... 100 100 100 100 100 100 100 100 100 100 100 100

Less than 700 ..... 10 8 b 2 1 3 7 6 u 13 U 3700-799 ............ 9 13 12 6 3 1 21 9 6 10 6 6800-899 ............ lU 16 8 17 9 6 17 20 13 2U 18 1U900-999 ............ 16 1 1 16 20 1 1 9 18 20 18 13 23 221,000-1,199 ......... 3U 21 27 37 bb 62 21 19 30 20 31 271,200-1,599 ......... 16 23 27 13 23 20 1 1 21 23 17 13 171,600 and over ...... 1 8 7 6 9 1 1 6 7 6 3 6 1 1

Number of baths ....... 100 100 100 100 100 100 100 100 100 100 100 100Less than one ....... (V) 1 (1/) (1/) Cl/) 2 1 (l/> 0/) 2 1 6One ................ 91 90 88 92 83 76 86 81 79 80 78 66More than one ....... 9 9 12 8 17 22 1U 18 21 18 21 29

Basement or utility room. 100 100 100 100 100 100 100 100 100 100 100 100Full or partial basement 96 9b 93 17 19 20 UO 60 60 62 66 71Utility room (no basement) 1 1 b 12 11 13 29 29 28 UO 31 26No basement or utility

room ........ 3 6 3 71 7 67 31 21 22 8 3 UWindow frames ......... 100 100 100 100 100 100 100 100 100 100 100 100Wood............... 1*8 29 26 72 U5 67 69 60 62 62 61 U3Steel .............. U9 6U 67 25 U8 37 20 8 9 U6 U7 61Aluminum........... 3 7 7 3 7 6 11 32 29 2 2 6

Type of heating ....... 100 100 100 100 100 100 100 100 100 100 100 100Central ............ 96 99 99 32 3U UU 60 71 8U 96 99 98Other .............. U 1 (i/) 68 66 66 60 28 16 U 1 2None............... (1/) (P) (!/) (1/) (!/) (i/) (!/) (i/)

Builder .............. 100 100 100 100 100 100 100 100 100 100 100 100Operative builder .... U6 66 61 80 72 78 67 U9 61 8U 86 86Contractor .......... lU 21 23 12 17 16 16 16 16 6 6 7Owner .............. bo 22 16 8 11 7 28 36 33 11 8 8

1/ Less than 1 percent of all units started in the area. 2/ Not available.Note: Percentage distributions may not always total 100 because of rounding.

1?Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

S IRUC TTJRAL C HAH AC TERISTT CS

Table 2. Structural Characteristics and Average Construction Cost of New 1-Family HousesStarted in 7 Metropolitan Areas, January-March 1950

Character!sties Atlanta Dallas Miami NewYorkPhila

delphiaPittsburgh

Washington , D. C.

Number of 1-family houses started .......... 2,550 2,590 5,?80 12,1.90 5,51.0 1,850 3,770Average construction cost ................... *7,11*5 $8,020 $6,970 $8,600 $8,915 $9,155 $10,21:0

Percent of houses having characteristics listedFloor area (sq. ft.) ..................... 100 100 100 ICO 100 100 100

Under 700 ............................. .. (1/) 6 10 9 (1/) (1/) (1/)700-799 ................................... 12 18 20 23 7 10 13800-899 ................................... 18 25 30 2 k 11 17 1990 - ?9 ......................................... 22 I k 13 17 9 19 UU1,000-1,199 ............................... 27 l b 11 11 33 28 331,200-1,599 ............................... 11 19 11 11 28 21 161,600 and over ............................ (1/) 5 5 9 (1/) (l/>

Number of baths ............................. 100 100 100 100 ICO 100 100Less than one ............................. 6 (V) (1/) (1/) U/) (1/) (1/)One ............................. .......... 87 91 88 86 81 91 8UMore than one ............................. 7 9 12 I k 16 9 15

Basement or utility room 2 / ................ 100 100 100 100 100 100 100Full or partial basement ................. 2 h (1/) (1/) 79 89 9 k S kUtility room (no basement) ............... 8 (I/) 68 8 8 (1/) 37No basement or utility r o o m ............. . 68 96 32 I k (1/) (V) 9

Window frames ............................... 100 100 100 100 100 100 100Wood ...................................... 85' 56 (1/) 70 79 20 15Steel ..................................... 9 h 2 63 25 17 75 k 9Aluminum .................................. 6 2 36 5 k 5 6

Type of heating ............................. 100 100 100 100 100 100 100Central ................................... 11 (1/) (1/) 83 91 79 93Other ..................................... 89 93 ~ 6 16 9 20 (1/)None ..................................... . (1/) 9 k (1/) (1/) (1/) (1/)

Builder ..................................... 100 100 100 100 100 100 100Operative builder ......................... 80 87 76 m 83 73 S kContractor ................................ 5 9 8 10 10 11 6Owner ..................................... 15 h 16 6 7 1 6 10

1/ Less than 1 percent of all units started in the area. 2/ The full basement predominated in New York, Philadelphia, Pittsburgh, and Washington; the partial basement predominated in Atlanta.Notes Percentage distributions may not always total 100 because of rounding.



PART A . PLAN: ST O R IE S , A T T IC SU IT A BLE FOR F IN IS H IN G , ROOM COUNT

Table 3 * Structural Characteristics of New 1-Family Houses StartedDuring Selected Quarters of 1969-1930

AreaNumber of 1-family houses started

Percent of houses having characteristics listed--Finished stories Attic

suitablefor

finishing

Rooms per unit1

story 1 5stories2

stories3 rooms or less

3s-8rooms

Uj~3rooms

5 ^ - 6

roomsOver 6 rooms

New 1-family houses started July-December 19^9, 15 metropolitan areasAtlanta ......... 3 , 6 8 0 99 i/) 1 10 3 27 37 26 63oston .......... k, 2k0 77 6 16 33 1 uu 2h 23 6Chicago ......... 13,010 62 7 11 19 1 3U k2 19 kCleveland ....... 6 , 3 8 0 79 6 13 D6 (10 15 33 23 6Dallas.... . 8 , 2 2 0 99 (I/) 1 2 3 16 6u 13 kDenver .......... 3 , 2 6 0 98 1 1 k 2 2 0 63 1 1 2Detroit ......... 19,360 76 2 2 2 2 1 (1 /) 32 36 1 0 2Los Angeles .... . 2 8 , 0 8 0 99 (1 /; 1 1 h 22 32 19 3Miami ........... 6,380 100 (y) (i/) 0 0 2 3U U3 1 6 2New York ........ 29,100 83 7 10 37 (1/) 36 39 20 3Philadelphia .... 1 0 , 0 8 0 39 2 39 27 (1/) 16 30 U6 6Pittsburgh ...... 3,550 32 2 2 26 22 2 21 33 39 3San Francisco .... 8,980 91 u 3 1 2 8 U3 UU 3Seattle ......... 2 , 6 2 0 96 1 1 10 6 3U Ul4 13 3Washington, D.C. . 5,950 76 h 20 29 1 18 Uo 36 3

New 1-farr.ily houses started January-March 1930, 7 metropolitan areasAtlanta ......... 2,550 99 (1 /) (1/) 13 2 23 33 1 6 3Dallas .......... 2,590 99 (3/) (10 (1/) (1 /) Hi 61 21 kMiami ........... 5,260 100 (1/) (10 (10 a o 21* 37 16 3New York ........ 12,890 66 7 3 66 (!/; 33 Ui 17Philadelphia .... 5,580 3h 13 31 18 (1,0 17 16 39 7Pittsburgh ...... 1,850 k9 27 21; 16


PART B. MATERIALS: OUTSIDE AND INTERIOR WALLS

Table 3--Structural Characteristics of New 1-Family Houses StartedDuring Selected quarters of 19U9-195J Continued

Area

Numberof

1-family houses started

Percent of houses having characters sties listedOutside wall material Interior wall

materialMasonry construction with exterior of Frame construction with exterior 6 90 (y) cy) 2 95 5Miami ........... 6,360 ( I / ) 92 1 (y> 1 (y> (y) 2 1 3 9U 6New York ........ 29,100 3 2 1 17 56 (y> 13 7 cy> U3 57Philadelphia .... 10,0li0 61 5 10 2 9 (y) 5 6 2 91 8Pittsburgh ...... 3,500 10 1 3 65 19 cy) cy) 1 1 95 5San Francisco .... 8,960 (!/) (l/) (1/) (i/) 38 63 (y) 5 13 16 8USeattle ......... 2,620 2 (1/) k 13 67 1 5 7 1 35 65Washington, D.C. . 6,950 53 1 5 8 19 cy) 13 1 (y> 6k 36New 1-family houses started January-March 1950, 7 metropolitan areas

Atlanta ......... 2,550 13 (i/) (i/) 13 65 cy) (y) (y) cy) 55 kbDallas .......... 2,590 < ! / ) (3/> ( y ) 36 59 ( i / ) cy> (y) cy) 100 (y)Miami ........... 3,260 ( i / > 96 y) ( 1 / ) (yj cy) (y,) ty) (y) 99 iNew York ........ 12, ii 90 5 ( 1 / ) (y) 18 b6 cy; 26 6 cy) U3 57Philadelphia .... 5,5Uo 50 (y> 6 9 lh (i/) 8 6 5 91 9Pittsburgh ...... 1,850 7 cy) (y) 7U 15 cy) (y) (y> cy) 95 5Washington, D.C. . 3,770 56 (yi 8 (i/0 11 < y > 19 cy) cy) 56 UUNew 1-family houses started1 April -September 1950,, 6 metropolitanL areas

Atlanta ......... 5 , UUo 6 6 27 50 y) cy) 3 8 57 12Boston .......... 7,030 1 i 1 2 90 cy) cy) 3 (y) 93 7Chicago ......... 23,360 51 (yi 2 11 30 cy> cy) ii 2 75 23Cleveland ....... 9,060 1C (y) h 10 71 cy; (i/) 2 2 93 7Miami ........... 6,660 (1/, 89 8 (i/> 2 cy) (y ) 1 cy) 95 5San Francisco .... 16,620 (i/) Cl/J (1/) cy) 36 69 y) ( V ) 5 lh 65Seattle ......... 6,230 3 2 1 ii 65 (y> (y) 12 5 39 6 0Washingto n, D.C. . 12,670 6!i cy; 3 9 12 (y') 1 10 67 33



STRUCTURAL CHAR ACTERISTTCS

PART C. HEATING PLANT

Table 3. Structural Characteristics of New 1-Family Houses StartedDuring Selected Quarters of 19U9-1950 Continued

AreaNumber of 1-family houses started

Percentage distribution of houses by type of heating facilityAll

housesCentral heating Other types

NoneHotwater

Hotair Steam Radiant

Floor or wall furnace

Spaceheater

New 1-family houses started July-December 19h9> 15 metropolitan areas

Atlanta ......... 3,680 100 (1 /) lU (X/) 1 58 2U 1Boston .......... U,2l*0 100 31* Uo 9 17 (1/) Cl/)Chicago ......... 13,010 100 10 llx 1 7 3 3 (1 /)Cleveland ....... 5 , 3 8 0 100 5 85 (1/) 8 (!/> 1 1Dallas .......... i*,220 100 (i/) 7 (1/) 1 30 59 1Denver .......... 3,260 100 (1 /) 72 (1/) 6 21 1Detroit ......... 19,380 100 1 89 (i/) 3 1 3 (1 /)Los Angeles ..... 28,080 100 (1 /) 3 1 3 87 li 1Miami ........... 5,380 100 (V) (!/) (i/> (!/> (1/) 7 9 3New York ........ 29,100 100 1*0 2ii 1 8 1 7 (1/) (i/0 30 (i/) 1 66 2Seattle ......... 2 , 6 2 0 100 6 37 (i/) 7 1|2 7 (I/)Washington, D.C. . 5 , 9 5 0 100 1* 90 (1/) 2 (3/) U (i/)

New 1-family houses started January-March 1950, 7 metropolitan areas

Atlanta ......... 2 , 5 5 0 100 (1/) 11 (1 /) 7 7 0 1 2 (1/)Dallas .......... 2 , 5 9 0 100 (!/) (% /) (!/) 1*5 1 *8 (1/)Miami......... .. 5,260 100 (]/) (i/) (i/) (!/) (1 /) 6 91*New York ........ 12,1*90 100 36 31 1 6 1 6 (1 /) (V) W )Philadelphia .... 5,51*0 100 12 79 0/> 9 (1 /) ci/)Pittsburgh ...... 1,850 100 (l/) 79 W ) 20 i/ i/Washington, D.C. . 3,770 100 6 87 (1/) Cl/) Miami .................. 6 , 6 5 0 100 (!/) (i/) W ) 1 6 81*San Francisco ......... 15,1*20 100 3 32 1/) 65 (1/)Seattle ............... 1*,230 100 9 6 1 (l/> 28 1Washington, D.C........ 12,670 100 7 91 1 1 (i/>



STRUCTURAL CHAR AC TERIS TICS

PART D. TYPE OF STRUCTURE, GARAGE, PORCH, FIREPLACE, SEWAGE DISPOSAL AND WATER SUPPLY SYSTEMS 3/

Table 3. Structural Characteristics of New 1-Family Houses StartedDuring Selected Quarters of 191*9-1950 Continued

Area

Numberof

1-familyhousesstarted

Percent of houses having characteristics listedType of structure Garage Porch Fire-place

Sewage disposal system

Water supply system

Detached

Semidetached Row

Community

Individual

Community

Individual

New 1-family houses started July-December 19h 9 , 15 metropolitan areas

Atlanta .......... 3 , 6 8 0 91 3 (1 /) 31 57 33 55 kk 87 12Boston ........... l*,2l*0 100 (1 /) (1 /) k l 3k 5U 51 1*9 98 2Chicago .......... 13,010 97 1 1 25 15 19 83 17 85 15Cleveland..... . 5,380 100 (1 /) (i/> kk 25 33 86 13 92 7Dallas ........... l*,220 100 (i/> (1 /) 55 2 6 11 95 5 99 1Denver ........... 3 , 2 6 0 98 a/) 1 55 27 13 91 9 98 2Detroit .......... 19,380 100 (i/) New 1-family houses started January-March 1950, 7 metropolitan areas

Atlanta .......... 2,550 100 (1/) (1/) 19 58 3k 66 31* 90 10Dallas ........... 2,590 100 (1/) (1/) 81* 29 11 92 8 98 2M i a m i ........ . 5,260 100 0/) (1/) 1*6 20 27 1*6 51* 93 7Philadelphia ..... 5,51*0 61 5 3U 6 0 15 26 73 27 93 7Pittsburgh ....... 1,850 100 (i/> W ) 80 10 1*5 82 18 92 8Washington, D.C. .. 3,770 88 12 (1/) 7 12 kk 90 10 93 7

1 / Less than 1 percent of all houses started in the area. 2/ For new 1-family houses started during April- September 1950, room-count data were tabulated as follows:

AreaLess than l*-i*J 5-5* 6-6J 7 or b1* rooms rooms rooms rooms roou

Atlanta.... ........ 2 18 51 22 7Boston ............. 1 31* 31* 23 7Chicago ............ 1 1*5 31 18 1*Cleveland .......... (*) 38 39 19 1*Miami ............... (*) 30 1*5 20 1*San Francisco ...... 2 18 56 20 3Seattle..... ....... 1* 30 39 22 5Washington, D. C. ...* Less than 1 percent.

1*

10 38 1*7 1*

3/ Data shown in PART D are not available for the April-September 1950 period, except for garages and fireplaces. These characteristics appeared as follows in the 8 areas:

Percent having Percent havingArea Garage Fireplace Area Garage Fireplace

Atlanta ..... 29 Miami .......... 1*9 5Boston ...... ... 56 73 San Francisco ... 95 76Chicago ..... 20 Seattle ........ 76 73Cleveland .... ... 1*3 35 Washington, D.C.. 13 51

Note: Percentage distributions may not always total 100 because of rounding and because of the exclusionof a few units for which data were unknown.



PART A. ROOM (DUNT, BATHROOMS, ELEVATOR SERVICE

Table 1*. Structural Characteristics of Units in New 5-or-more Family StructuresStarted During Selected Quarters of 191*9-1950

Percent of units having characteristics lasted

AreaNumber of units started

Number of rooms per unit Bathrooms Unitshaving

elevatorservice

Lessthan3*

l i to 2 2$ to 3 3i to l* l*i to 5 Over 5One

completebath

Morethanone

Units in 5-or-more family structures started July-December 19l*9, 15 metropolitan areasAtlanta ......... 1,390 (1/) 65 25 3 5 (1 /) 95 5 hhBoston .......... 230 (i/) (i/) 75 25 (!/) 18 82 a/) 95 5Los Angeles ..... 5,1*90 (i/) 11 32 35 17 i/ 95 5 3/)Miami ........... 2,000 27 15 29 23 (!/) i/} 98 2 (i/)New York ........ 18,600 (i/) 17 21 38 23 (y) 97 3 68Philadelphia .... 3 , 0 6 0 (1/) (1/) 22 1*8 26 100 (1/) 27Pittsburgh ...... 1,950 1/) (1/) 1*3 12 1*5 (i/) 97 3 20San Francisco .... 810 (!/) 11 1*9 28 12 (1 /) 99 1 22Seattle ......... 1*60 (i/) (!/) 2 6 1*9 23 (V) 100 W ) 78Washington, D.C. 16,370 3 13 33 38 13 (y> 100 (1/) 38

Units in 5-or-more family structures started January-March 1950, 7 metropolitan areasAtlanta ......... 5Uo 2 6 31 21 12 10 (y) 100 (y) 37Dallas .......... 270 100 (y> (x/)New York ........ 8,71*0 (1/) 16 20 1*7 17 (y) 99 1 62Philadelphia .... 838 i/) (V) 53 114 3 3 100 (y> 92Pittsburgh ...... 920 1/ 51 21 12 16 (y) 100 cy> 69Washington, D.C. . 1,310 (i/) (1/) 27 1*6 27 (y) 100 (y> 21

PART B. FLOOR SPACE

AreaNumber of units started

Percentage distribution of units by square feet of floor space Average floor area per unit (sq. ft.)

Lessthan1*00

1*00-1*99

5 0 0 -5 9 9

6 0 0 -6 9 9

700-799

8 0 0 -8 9 9

900-999

1,000andover

Units in 5-or-more family structures started July-December 19^9, 15 metropolitan areasAtlanta ......... 1 , 3 9 0 2 9 1*5 6 0/) 7 (!/) 3 5 1 * 9 0Boston .......... 230 (y > (1/) (1/) 63 9 2 7 1 (1/) 7 2 0Chicago..... . 1,5U0 u 13 9 21 22 2 0 1* 3 7 3 0Cleveland..... .. 2 , 0 6 0 (y> 30 37 16 2 1 1 13 6 3 0Dallas ....... . 5 0 0 (y> 0/) (i/) 2li 1*1 1 2 (y ) (V) 7 2 0Denver..... . 170 y ) 33 32 (1/) (!/) (y) (1/) 6 5 0Detroit ......... 620 W ) 0/) (1/) 13 11 (!/) 2 6 1*2 8 6 0Los Angeles .. 5,1*90 ( y 10 12 25 22 8 6 13 6 9 0M i a m i........... 2,000 id* 2 3 11 11 (1/) (!/) (y) (!/) 1*1*0New York ........ 18,600 9 9 15 25 17 1 1 7 6 670Philadelphia .... 3 , 0 6 0 (!/) (i/) 11* 13 55 (1/) 1 6 830Pittsburgh ...... 1,950 13 25 18 28 7 (y> 5 650San Francisco .... 810 (y> 8 9 33 23 22 (y) (1/) 710Seattle .......... 1 * 6 0 (y) 11 38 22 22 7 (y> (i/) 630Washington, D.C. 16,370 1 0 15 23 32 12 3 1* (!/) 590

Units in 5-or-more family structures started January-March 1950, 7 metropolitan areasAtlanta ......... 51*0 20 26 11 1 6 9 18 (i/) (y) 560Dallas .......... 270 5 3 36 7 u* (i/) 18 1 7 6 8 0Miami ........... 8 6 0 26 30 31* 10 (!/) (!/) (1/) (y> 1*30New York ........ 8,71*0 5 11 15 27 21 1 0 8 3 6 6 0Philadelphia .... 838 1 (1/) 52 11* 26 (1/) (1/) 7 630Pittsburgh ...... 920 (i/) 51 23 1* 3 2 17 (y> 550Washington, D.C. . 1,310 20 20 18 27 10 3 2 (y) 560




PART C. MATERIALS: OUTSIDE AND INTERIOR WALLS,AND WINDOW FRAMES

Table U. Structural Characteristics of Units in New 5-or-more Family StructuresStarted During Selected Quarters of 19U9-1950 Continued

Percent of units having characteristics listed

AreaNumber

of units started

Outside wall material Interior t>all material

Window frame materialMasonry construction

with exterior ofFrame construction with exterior of Plaster Wall board and other Steel Wood AluminumBrick Stucco Other Brick Stucco Other

Units in 5-or-more family structures started July-December 19U9, 15 metropolitan areasAtlanta .......... 1,390 6 (i/) 2/70 10 (V) 11* 88 12 87 (i/) 12Boston ........... 230 100 V) W ) (V) (V) (V) 100 (l/) 99 (1/) (l/)Chicago .......... l,5Uo 92 (V) (V) 6 (V) (V) 100 U/) 75 17 8Cleveland ........ 2,060 100 V) (V) (V) (V) (V) 100 (i/) 61 33 6Dallas ........... 5 0 0 (V) V) Cl/) 9U (V) (V) 6 9h 7U 2 6 (1/)Denver ........... 170 92 w ? v > (V) V) V) 82 18 9h (!/) (i/)Detroit .......... 6 2 0 (V> V) v > 93 (V) V) 100 (i/) 77 23 (1/)Los Angeles ...... 5,U90 V) (V) V) (V) 96 (V) 99 1 U6 U7 7Miami ............ 2,000 (!/) 100 (i/) (V) (V) (V) 100 (!/) 20 13 67New York ......... 18,600 89 (V) Cl/) 10 (V) (V) 98 2 58 3U 8Philadelphia ..... 3,060 65 V) (V) 2i* (V) 11 89 11 10 27 63Pittsburgh ....... 1,950 8U (V) Cl/) 16 (V) (V) 97 3 83 5 12San Francisco .... 810 (1/) li* 13 (V) 57 16 79 21 32 57 11Seattle .......... U60 1*6 (V> 3/32 (V) (V) 18 100 (!/) 50 (!/) 50Washington, D.C. .. 16,370 100 (!/> TV) (V) (V) (V) 90 10 89 5 6

Units in 5-or-more family structures started January-March 1950, 7 metropolitan areasAtlanta .......... 5Uo hO (i/> U/20 1*0 (V) (V) 80 U/20 63 (V) 37Dallas ........... 270 3 6 (V) TV) 56 (V) 8 hO 6 0 6 0 35 5Miami ............ 8 6 0 3 97 W ) (V) w x (V) 100 (V) 58 13 29New York ......... 8,7U0 9h (i/) (V) 5 (V) 1 91 9 56 Ul 3Philadelphia..... 838 92 Cl/) (V) 7 (V) 1 100 (V) 92 l 7Pittsburgh ....... 920 100 (V (V) (V) V) (V) 100 (V) 88 u 8Washington, D.C. . 1,310 97 Cl/) 3 (V) (V) (V) 77 23 7h 23 3

PART D. HEATING SYSTEMS

AreaNumber

of units started

Percentage distribution of units by type of heating facilityCentral heating Other types

NoneHot water Hot air Steam Radiant Floor or wall furnaceSpaceheater

Units in 5-or-more family structures started July-December 19h9> 15 metropolitan areasAtlanta .......... 1,390 (1/) 16 (V) 5/1*9 23 12 (V)Boston ........... 230 17 25 58 TV) (V) (V) (V)Chicago ..... . l,5Uo 65 9 2U (V) (V) (V) (V)Cleveland ........ 2,060 67 26 6 (V) (V) (V) (V)Dallas ......... . 5oo (1/) 28 (V) (V) i u 26 (V)Denver ........... 170 71 (!/> (V) ( I / ) (V.) (V) (V)Detroit .......... 620 11 82 V) (V) (V) V) (V)Los Angeles ...... 5,U90 (1 / ) 15 (V) 6 77 CV) (V)Miami ............ 2/2 ,000 2 61 (V) (V) (V) (V)Philadelphia ..... 3 , 06o 36 37 9 10 (V) (V) (V)Pittsburgh ....... 1,950 71 20 7 (V) (V) (V) (V)San Francisco .... 810 (!/) 10 3U (V) 5U (V) (V)Seattle ........ . U60 68 (!/) 32 (V) (V) (V) w xWashington, D.C. .. 16,370 77 3 7 13 (V) (V) (V)

Units in 5-or-more family structures started January-March 1950, 7 metropolitan areasAtlanta .......... 5Uo (V) 80 (V) W ) (V) 20 (V)Dallas ........... 270 (V) (!/) 36 (V) 1*2 22 (V)Miami ............ 860 (V) (!/) (V) W )

SALES H O U S I N GTable 5 New 1-Family Houses Purchased* Purchase Prices, Financing Characteristics, and Homebuyers* Income l/

PART A. NUMBER OF HOUSES, MEDIAN PURCHASE PRICE, AND PRICE CLASSESNew 1-family houses purchased in

Sales pricesPeriod

1 /

10areascombined

Atlanta Boston Chicago Dallas Detroit LosAngelesNewYork

Pittsburgh

SanFrancisco

Washington, D. C.

Total number of houses ) 191*9 61*, 210 1 , 7 5 0 1,290 5,700 2,800 11,225 15,11*0 16,31*0 1,705 U,i*80 3,780purchased (mortgaged ) 1950 68,880 1,200 2,200 5,780 2,1*30 8,270 22,730 17,570 1,230 3,71*5 3,725and unmortgaged) / ....) 1951 1*5,61*0 815 1,H*0 1*,320 1 , 6 0 0 7,215 13,01*0 12,090 380 3,300 1,71*0PURCHASE PRICE (MEDIAN): $12,300All houses ............ 1 9 1 * 9 *9,700 $8,200 $9 , 8 0 0 $12,200 $7,200 $9,100 $8,700 H O , 3 0 0 #11,200 #10,700

1 9 5 0 10,200 9 ,1 * 0 0 1 1 , 5 0 0 13,900 8,300 9,500 9,300 10,800 11,700 1 0 , 3 0 0 12,1001951 10,300 9,300 1 2 , 8 0 0 U*,ioo 9,000 10,100 10,100 11,800 1 1 , 6 0 0 10,900 11,800

Mortgaged houses ...... 191*9 9 , 5 0 0 8,200 9,700 12,200 7,200 9,000 8 , 6 0 0 10,200 11,000 10,1*00 12,1001950 10,100 9,200 11,500 13,700 8,200 9,500 9,300 11,300 11,100 10,200 11,9001951 1 0 , 6 0 0 9,300 1 1 , 8 0 0 13,900 8,900 9,900 10,000 11,700 11,1*00 1 0 , 6 0 0 11,800

VA-Financed houses 3/ 191*9 9,100 8,200 9 ,1 * 0 0 11,300 7,100 8,700 8 , 5 0 0 9,500 1 0 , 5 0 0 9,900 1 0 , 6 0 01950 9 , 5 0 0 9,000 10,900 11,900 7 , 8 0 0 9,200 9,000 10,1*00 10,900 9,800 11,0001951 10,000 8,900 11,000 11,200 8,200 9,300 9,800 11,100 10,900 10,200 11,100

FHA and Conventionally11*, 6 0 0financed houses h / .... 191*9 1 1 , 5 0 0 7 , 5 0 0 10,900 13,100 8,300 io,5co 9,100 11,800 1 1 , 6 0 0 12,200

1950 11,900 10,200 13,900 13,900 9 , 6 0 0 12,000 11,500 11,100 11,500 11,300 15,1*001951 1 2 , 6 0 0 13,800 1 1*, 5 0 0 H*,500 9,800 12,000 11,200 12,1*00 12,100 11,500 15,000

PURCHASE-PRICE CUSSES* All mortgaged houses. 2/

1*,095Number purchased ..... 191*9 60,135 1,710 1 , 2 1 5 5,380 2,700 10,530 ll*,120 15,310 1,555 3,520Percent priced atUnder $9,500 ...... 50 73 1*7 16 71* 62 71* 1*0 2 6 38 1 5*9,500-12,U99 ..... 29 18 33 39 11 29 H* 37 50 31* 39$12,500 and over 21 10 20 1*5 15 10 12 23 21* 2 8 1*6

Number purchased . 1950 61,1*20 970 1 , 9 5 0 1*,795 2,11*5 6,815 21,51*0 15,730 835 3,260 3,380Percent priced atUnder $9,500 ...... UO 56 6 10 66 51 57 32 19 32 7$9,500-12,1*99 ..... 37 29 51* 30 10 39 33 1*0 1*7 10* 50$12,500 and over 23 15 1*0 6 0 21* 10 1 0 29 31* 21* 1*3

Number purchased ... 1951 1*1,100 725 900 1*,080 1,1*95 6,590 12,075 1 0 , 6 6 0 335 2,560 1,680Percent priced atUnder $9,500 ....... 28 51* 6 12 62 1*2 33 21 21 23 7*9 ,5 0 0 -1 2 ,1 * 9 9 ..... . 1*2 22 1*7 23 12 1*3 50 1*0 1*8 51 51$12,500 and over 30 21* 1*7 65 26 15 17 39 31 2 6 1*2

VA-Financed houses 3/Number purchased .... 191*9 32,905 1,165 715 1,735 1,51*0 5,61*0 8,170 8,620 905 2,190 2,225Percent priced at

Under $9,500 ..... 59 77 55 15 82 69 81 50 29 1*3 22*9 ,5 0 0 -1 2 ,1 * 9 9 .... 28 17 35 1*8 10 25 13 35 52 39 1*8$12,500 and over 13 6 10 37 8 6 6 15 19 13 30

Number purchased .... 1950 38,11*0 685 1,030 1,350 870 5,255 11*,1*00 9 , 6 6 0 1*05 2,110 2,375Percent priced at Under $9,500 ..... 5c 6 2 10 12 92 62 69 32 25 39 9*9,500-12,1*99 .... 39 33 68 1*9 5 37 29 1*7 55 1*7 61*$12,500 and over 11 5 22 39 3 1 2 21 20 11* 27

Number purchased 1951 23,390 1*35 510 900 525 i*,290 7,865 6,110 155 1,1*95 1,105Percent priced atUnder $9,500 ..... 37 72 8 26 90 58 37 28 2 0 29 10*9,500-12,1*99 .... 1*9 21* 66 37 7 1*1 6 0 Ui 65 56 70$12,500 and over 11* 1* 2 6 37 3 1 3 3 1 15 15 20

FHA and Conventionally Financed houses k /Number purchased 191*9 26,585 51*0 500 3,570 1,075 1*,830 5,950 6 , 3 2 5 61*0 1,880 1,275Percent priced atUnder $9,500 .... 32 57 35 16 51 1*1 57 2 1 19 28 3*9,500-12,1*99 .... 29 20 33 26 13 37 15 3 9 1*7 21* 22$12,500 and over 39 23 32 58 36 22 2 8 l*o 31* 1*8 75

Number purchased .... 1950 23,280 285 920 3,1*1*5 1,275 1,560 7,11*0 6 , 0 7 0 1*30 1,150 1,005Percent priced atUnder $9,500 ..... 2 6 3U 2 9 1*9 13 35 3 0 13 18 1**9,500-12,1*99 .... 32 20 39 23 13 1*7 1*0 29 1*0 30 15$12,500 and over .. 1*2 36 59 68 38 1*0 25 1*1 1*7 1*2 81

Number purchased 1951 17,710 290 390 3,180 970 2 , 3 0 0 i*,210 1*,550 180 1,065 575Percent priced atUnder $9,500 ...... 17 27 3 8 1*6 12 26 13 22 li* 2*9,500-12,1*99 .... 32 20 22 19 15 1*7 33 38 33 1*5 15$1 2 , 5 0 0 and over .. 51 53 75 73 39 U1 1*1 1*9 1*5 ia 83

25-See footnotes at end of table,Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

SALKS HOUSINGTable 5 New 1-Family Houses Purchased: Purchase Prices, Financing Characteristics, and Homebuyers* Income 1/

PART B TYPE OF MORTGAGE AND PERCENT OF INITIAL EQUITY

New 1-Family Houses Purchased inFinancing

charac teris ticsPeriodi/

10areascombined


Pittsburgh

SanFrancisco

Washington D. C.

TYPE OF FINANCING: Number of housespurchased 2/............. l?ii9 61t,210 1,750 1,290 5,700 2,800 11,225 15,HiO 16,31iO 1,705 li,li8 0 3,780Percent bought withVA-Guaranteed mortgage 3/. 53 67 55 31 35 51 51i 55 53 ii9 58FHA-Insured mortgage li/7.. 22 8 11 25 2ii 3h 11 27 19 27 23Conventional mortgage.... 19 23 28 38 15 10 28 12 19 15 11No mortgage (100$ equity). 6 2 6 6 U 6 7 6 9 9 7

Number of houses19S0purchased 2/............. 68,880 1,200 2,200 5,780 2,!i30 8,270 22,730 17,570 1,230 3,7ii5 3,725

Percent bought withVA-Guaranteed mortgage 3/* 59 66 li9 26 liO 72 65 58 li6 61 68FHA-Insured mortgage ii/7.. 19 11 10 31 30 10 18 23 2li 23 8Conventional mortgageT.... 18 18 33 35 28 11 Hi lii 2U 10 21No mortgage (100$ equity). h 6 8 8 1 7 2 5 7 5 3

Number of housespurchased 2/............. 1951 U5,6Uo 815 l,lli0 U,320 1,600 7,215 1 3 ,0 li0 12,090 380 3,300 l,7li0Percent bought with

3UVA-Guaranteed mortgage 3/. 55 59 51 21 63 63 56 111 53 66FHA-Insured mortgage h/7.. 20 8 li 38 30 2li 10 23 27 22 11Conventional mortgageT.... 22 32 35 36 32 10 2ii 20 23 17 2liNo mortgage (100$ equity). 3 1 10 5 h 3 3 2 10 9 (5/)

INITIAL EQUITY AS PERCENT OF PURCHASE PRICE:

Number of mortgaged houses. 191*9 60,135 1,710 1,215 5,380 2,700 10,530 Hi, 120 15,310 1,555 1i,095 3,520Percent bought with initial equity of

Ui HiLess than 6 percent...... 65 32 55 51 58 39 27 38 326-15 percent...... 18 17 20 17 22 17 Hi 19 18 2li 2016-25 percent...... Hi 5 13 21 6 15 11 15 18 11 2026-35 percent....... 11 7 9 22 6 5 5 Hi 19 10 1636-99 percent...... Hi 6 26 26 n 12 12 13 18 17 12

Number of mortgaged houses. 1950 6l,2i20 970 1,950 U,795 2,lli5 6,815 21,5ilO 15,730 835 3,260 3,380Percent bought with initial equity ofLess than 6 percent...... li9 58 18 3 39 62 6h lil 25 53 li6

6-15 percent...... 17 18 22 19 22 10 10 27 31 13 1616-25 percent...... 11 8 Hi 22 13 10 8 11 18 12 1026-35 percent...... 11 6 17 20 Hi 7 9 10 15 10 1536-99 percent...... 13 10 29 36 12 11 9 11 11 12 13

Number of mortgaged houses. 1951 111, 100 725 900 ii,080 l,li95 6,590 12,075 10,660 335 2,560 1,680Percent bought with initial equity ofLess than 6 percent...... hO ii8 2ii 3 27 ii3 61 31 23 38 li5

6-15 percent...... 111 13 21 15 23 18 8 Hi 22 19 1916-25 percent...... 15 12 16 19 19 Hi 8 20 Hi 16 1126-35 percent...... 12 9 18 22 18 6 7 18 Hi 7 1236-99 percent...... 19 17 21 111 13 19 15 17 28 19 13



SALES HOUSINGTable 5* New 1-Family Houses Purchased! Purchase Prices, Financing Characteristics, and Homebuyers1 Income l/

PART C. MEDIAN INCOME, INCOME CLASSES, AVERAGE PURCHASE PRICE, AND PRICE-INCOME RATIO

New 1-Family Houses Purchased in-Income

characteristicsPeriod

i f

10areascombined


Pittsburg

SanFrancisco

Washington D. C.

MEDIAN INCOME ) 1 9 1 * 9 $1*,000 $ 3 , 5 0 0 $ 3 , 7 0 0 $!*,500 $ 3 , 8 0 0 $ 3 , 3 0 0 $ 3 , 7 0 0 $ U , 3 0 0 $ 3 , 9 0 0 $ 1 * , 3 0 0 $ a , 3 o oOF HOMEBUYERS.......... ) 1 9 5 0 l*,5oo 3 , 9 0 0 1*,900 1*,900 i*,300 1*,!*00 1*,300 1 * , 6 0 0 1*, 000 U,600 5,100

) 1 9 5 1 U,6oo l*,000 1,700 1*,900 1*, 800 1*,!*00 l*,300 1 * , 3 0 0 1*,000 a , 7 0 0 a , 3 0 0Number of buyerswho reported incomes . 1 9 1 * 9 62,700 1 , 7 1 * 0 1 , 2 9 5 5 , 6 5 0 2 , 7 7 0 n , 0 5 5 ll*,960 15,610 1 , 5 5 5 a , 3 2 5 3 , 7 a o

INCOME GROUPS:Percent of buyers with incomes of Under $ 3 , 0 0 0 ........................... 1 3 3 1 2 3 l* 26 12 1 9 11 21 7 5$ 3 , 0 0 0 - ! t , 9 9 9 ........................... 61 5 0 55 62 5 0 6 9 62 57 5 8 62 53$5,000 and over..... . 26 1 9 2 2 31* 21* 1 8 1 9 3 2 2 1 3 1 1*3

AVERAGE PURCHASE PRICE:All buyers 6 / ................................. $ 1 0 , 9 3 0 $ 8 , 6 1 * 5 $ 1 1 , 1 0 0 $ 1 3 , 1 6 0 $ 9 , 3 0 0 $ 9 , 6 8 0 $ 9 , 8 2 0 $ 1 1 , 6 7 0 $ 1 1 , 5 7 0 $ 1 2 , 0 0 5 $ 1 3 , 1 6 0Buyers with incomes of

Under $ 3 , 0 0 0 .............................. 8 , 6 7 5 6 , 5 0 0 9 , 5 7 0 1 1 , 7 9 5 6 , 3 2 5 7 , 8 7 0 9 , 0 1 * 0 8 , 7 0 5 1 0 , 7 5 5 9 , s a o 1 3 , 3 a o$ 3 , 0 0 0 - U , 9 9 9 .............................. 9 , 7 5 0 8 , 1 * 5 0 1 0 , 0 9 5 1 1 , 1 * 9 5 7 , 8 3 0 9 , 2 5 5 8 , 9 1 * 5 9 , 9 2 5 1 0 , 3 8 0 1 0 , 7 2 5 1 1 , 5 8 5

$ 5 , 0 0 0 and over ....... 1 1 * , 7 6 0 1 2 , 0 0 0 1 5 , 2 7 5 1 6 , 6 1 6 1 5 , 1 * 1 0 1 2 , 5 1 0 1 3 , 1 * 7 5 1 5 , 6 1 0 l i * , 0 6 0 1 5 , 1 9 0 H * , 9 8 0PRICE-INCOME RATIO 7 / ............ 2 . 5 2 . 3 2 . 7 2 . 7 2 . 2 2 . 1 * 2 . 1 * 2 . 1 * 2 . 8 2 . 6 2 . 6

Number of buyers6 2 , 7 1 * 5who reported incomes .... 1 9 5 0 1 , 0 1 5 2 , 1 1 0 5 , 0 8 5 2 , 1 9 0 7 , 1 2 5 2 1 , 7 8 0 1 5 , 7 3 0 8 5 0 3 , 3 6 5 3 , a 9 5

INCOME GROUPS:Percent of buyers with incomes ofUnder $ 3 , 0 0 0 .............................. 8 1 5 1* 2 11* 1 0 1 0 7 6 a a$ 3 , 0 0 0 - h , 9 9 9 .............................. 5 6 51* 1*8 5 2 1*8 6 1 6 1 51* 6 1 * 5 7 1*2

$ 5 , 0 0 0 and over ....... 3 6 3 1 1 *8 1*7 3 8 2 9 28 3 9 3 1 a o 5 3AVERAGE PURCHASE PRICE:All buyers 6 / ................................. $ 1 1 , 5 1 0 $ 1 1 , 3 2 0 $ 1 3 , 3 9 0 $ 1 1 * ,1 * 1 * 0 $ 1 1 , 1 1 5 $ 1 0 , 5 9 5 $ 1 0 , 0 5 0 $ 1 2 , 1 3 5 $12,1*10 $ 1 1 , 6 3 0 $ 1 3 , a 9 5Buyers withincomes of Under $3,000 ........... 8 , 8 5 5 7 , 2 6 5 1 0 , 7 7 5 1 5 , 8 7 5 6 , 1 * 1 * 0 8 , 5 0 0 8 , 7 8 5 8 , 3 9 5 9 , 2 0 0 8 , 8 9 5 1 0 , 5 8 0$ 3 , 0 0 0 - 1 * ,999 ........... 9 , 9 6 0 1 0 , 1 0 5 1 1 , 1 * 0 0 1 2 , 3 9 0 8 , 5 8 0 9 , 7 0 0 9,300 9 , 9 1 0 1 0 , 1 * 2 5 1 0 , 8 8 5 1 1 , 1 9 0$ 5 , 0 0 0 and over ........ H i , 3 3 5 1 5 , 1 7 0 1 5 , 7 9 5 1 5 , 7 0 5 1 5 , 1 * 7 5 1 2 , 8 2 5 1 2 , 2 3 5 1 6 , 1 8 0 l l * , 9 0 5 1 2 , 8 1 0 1 5 , 3 1 5

PRICE-INCOME RATIO 7 / ............. 2 . 3 2.2 2 . 6 2.6 2.2 2.2 2.2 2.2 2 . 5 2 . 3 2 .aNumber of buyerswho reported incomes .... 1 9 5 1 Ll,580 7 3 0 1 , 0 0 0 l*,290 1 , 5 1 * 5 6 , 7 1 0 1 2 , 1 * 9 0 1 0 , 0 7 5 360 2 , 7 1 0 1 , 6 7 0INCOME GROUPS:Percent of buyers with incomes ofUnder $ 3 , 0 0 0 ............................. 6 1 6 5 6 8 7 6 6 9 7 a$!*,0 0 0 - 1 * ,999 .......... 55 1*3 51* 1*6 1*6 62 6 1 5 0 7 6 5 0 51$ 5 , 0 0 0 and over ....... 3 9 i a i a 1*8 1*6 3 1 33 1*1* 1 5 a3 1*5

AVERAGE PURCHASE PRICE:All buyers 6 / ........... $12,230 $ 1 0 , 3 6 5 $ H * , 0 9 5 $ 1 1 * , 5 9 0 $ 1 1 , 1 * 0 5 $ 1 1 , 1 1 5 $ 1 1 , 1 * 2 5 $ 1 2 , 6 9 5 $12,230 $ 1 2 , 6 3 5 $13,a20Buyers with incomes of Under $ 3 , 0 0 0 ................................. .. 9 , 7 1 5 7 , 9 8 0 1 2 , 3 6 5 1 1 , 0 2 5 5 , 7 5 0 9 , 1 1 * 5 1 0 , 1 1 5 9 , 5 7 0 9 , 7 8 0 9 , a o o 11,290$ 3 , 0 0 0 - 1 * ,999 ............ 1 0 , 1 * 7 0 8 , 6 3 5 11,710 1 2 , 0 6 5 8 , 7 1 * 5 9 , 9 2 5 10,120 1 0 , 7 8 5 1 1 , 3 1 * 5 10,670 1 1 , 3 3 0$5,000 and over ......... H*,51*0 1 3 , 7 3 0 1 5 , 1 7 0 1 7 , 3 1 0 l l * , 7 0 0 1 2 , 3 7 0 1 3 , 5 7 5 l l * , 7 i* 5 1 8 , 3 1 * 5 1 5 , 0 7 5 1 5 , 7 9 0

PRICE-INCOME RATIO 7 / ............. 2 .1 * 2 . 3 2 . 7 2 . 7 2.0 2 . 3 2.1* 2 .1 * 2 . 9 2 . a 2.6l/Covers new 1-family houses completed during July-December 19l*9, October-December 1950, and January-March 1951 in 10 metropolitan areas. Detailed data for these areas, and for 5 additional areas surveyed during the 19U9 period,are shown in the following tables. 2/ The figures shown for "Total number of houses purchased" include units for which mortgage status, veteran status and""income of occupant are unknown. The totals shown for "mortgaged houses" include units for which type of mortgage is unknown; therefore, in Part A of this table, the sum of "VA-financed housesplus "FHA and conventionally financed houses" may not always equal a total shown for "mortgaged houses." Numerical and percentage distributions are based on units for which data are known. 3/ Covers houses with VA-Guaranteed, and FHA-7A combination mortgages, h / Excludes houses with FHA-VA combination mortgages. 5/ Less than 1 percent of all new houses purchased in the area. 6/ Represents the average for all buyers, including those who did not report incomes. 7/ The ratio for all purchased houses is based on the average annual income for home-buying families in income classes oT less than $10,000, and the average purchase price of houses bought by these families.


SALES HOUSING

Table 6. New 1-Family Houses Purchased: Percentage Distribution and Average Purchase Priceby Mortgage Status and Veteran Status of Purchaser

New 1-family houses purchased

Total Mortgaged Unmortgaged B(y veterans of World \ja r IIEly other

veterans and nonveterans

Number2/

Percent3/

Averagepurchaseprice2/

As percent of total 3/

Averagepurchaseprice

As percent of totaly


As percent of total 3/


As percent of total

y


New houses completed July-December 19 U9, 15 metropolitan areasA t l a n t a ......... l,75o 100 $8,61*5 98 $8 , 5 1 0 2 $ll*,l*35 78 $8 , 3 9 0 22 $9 , 5 3 5Bos t o n ........... .. 1,290 100 11,100 9k 10,980 6 15,290 61 9 ,9 1 * 0 39 1 2 ,9 1 * 0Chicago ............ 5,700 100 13,160 9k 12,990 6 16,01*0 51* 1 2 , 1 7 0 1*6 lit,1*15Cleveland .......... 2,61*0 100 11*, 595 91 11*,31*5 9 17,285 55 1 3 , 3 1 5 1*5 1 6 , 1 9 0Dallas ............. 2,800 100 9,300 96 9,180 1* 12,670 70 8 , n o 30 1 2 , 1 5 0Denver ............. 1,715 100 10,055 93 9,750 7 11*, 835 80 9 , 5 2 5 20 12,31*0Detroit ............ 11,225 100 9,680 9l* 9,510 6 12,260 68 9 , 0 1 0 32 1 1 , 0 5 0Los Angeles ........ 15,11*0 100 9,820 93 9,1*95 7 11*,355 71 9 , 3 1 5 29 ii,ol*5M i a m i ............... 3,01*0 100 8,155 95 7,930 5 12,300 80 7 , 5 3 5 20 1 0 , 7 2 0New York ............ 16,31*0 100 11,670 91* 11,305 6 17,125 63 1 0 ,1 * 1 0 37 13,775Philadelphia ....... 5,21*5 100 1 0 ,1 * 5 0 95 10,315 5 12,790 6 9 9 , 7 0 5 31 1 2 , 0 8 0Pittsburgh ......... 1,705 100 11,570 91 11,310 9 11*, 255 65 1 1 , 2 1 0 35 12,21*5San Francisco ...... 1*,1*80 100 1 2 , 0 0 5 91 11,700 9 15,260 65 1 0 , 9 1 0 35 ll*,0l*0Seattle ............ 860 100 11,895 87 11,135 13 17,105 h i 9,615 53 13,91*5Washington, D. C. .. 3,730 100 13,160 93 12,865 7 17,235 72 12,305 28 15,360

New houses completed October-December 1950, 10 metropolitan areasAtlanta ............ 1 , 2 0 0 100 1 1 , 3 2 0 95 1 0 , 7 0 5 5 2 1 , 5 0 0 75 1 0 , 1 2 0 25 ll*,820Boston ............. 2 , 2 0 0 100 13,390 9 2 1 3 , 2 1 0 8 16,710 58 1 1 , 9 3 5 1*2 15,590Chicago ............ 5,780 100 11*,1*1*0 9 2 13,71*0 8 18,535 51* 12,1*70 1*6 16,075Dallas ............. 2,1*30 100 1 1 , 1 1 5 99 10,530 1 22,1*50 59 9,600 ia 12,21*5Detroit ............ 8,270 100 10,595 93 10,285 7 13,590 79 9,850 2 1 13,230Los Angeles ........ 22,730 100 1 0 , 0 5 0 '98 10,015 2 13,935 77 9,1*25 2 3 12,355New York ........... 17,570 100 12,185 95 11,955 5 17,61*5 1 1 11,170 2 9 11*,800Pittsburgh ......... 1,230 100 12,1*10 93 11,885 7 11,530 61 1 0 , 6 8 0 3 9 13,695San Francisco.... . 3,71*5 100 1 1 , 6 3 0 95 11,265 5 17,695 71 10,705 2 9 13,825Washington, D. C. 3,725 100 1 3 ,1 * 9 5 97 13,190 3 18,1*15 75 12,180 2 5 16,900

New houses completed January-March 1951, 10 metropolitan areas

Atlanta ............ 815 100 10,365 99 1 0 , 5 9 5 1 1 1 , 1 0 5 8U 1 0 , 7 0 5 16 10,065Boston ............. 1,11*0 100 1 1 * , 0 9 5 90 1 2 , 9 2 0 10 1 5 , 2 1 5 61 1 2 , 3 7 5 39 11*, 370Chicago ............ 1*,320 100 1 1*, 5 9 0 95 1 1*, 5 5 0 5 1 5 , 3 2 0 52 13,765 1*8 15,1*70Dallas ............. 1,600 100 1 1 ,1 * 0 5 96 1 1 , 0 5 0 k 1 8 , 5 5 5 66 10,785 31* 12,525Detroit ............ 7,215 100 1 1 , 1 1 5 97 10,565 3 1 3 , 6 0 0 76 8,71*5 21* 16,195Los Angeles ........ 13,01*0 100 11,1*25 97 11,030 3 1 8 , 1 1 0 76 10,370 21* 11*,01*5New York ........... 12,090 100 1 2 , 6 9 5 98 12,395 2 2 1 ,1 * 9 5 66 12,065 31* 13,51*5Pittsburgh ......... 380 100 12,230 90 12,11*5 10 13,61*5 63 10,785 37 11* , 8 9 0San Francisco ..... 3,300 100 12,635 91 11,935 9 1 9 ,1 * 0 0 60 11,165 1*0 11*,735Washington, D. C. .. 1,71*0 100 13,1*20 100 13,370 (U/) 79 12,765 21 15,675

1/ Covers all World War II veterans who bought new houses (both mortgaged and unmortgaged)* 2/ Includes Houses for which veteran status of purchaser and mortgage data are unknown. 3/ Percent distributions are based on units for which data are known, k j Less than one percent of all new~houses purchased in the area.

2 8Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

SALES HOUSING

PART A. ALL PURCHASED HOUSES 1/

Table 7 New 1-Family Houses Purchased: Distribution by Purchase-Price Class

Area

All new purchased houses Percent of new houses having purchase price of

NumberMedianpurchaseprice

Allprices

Under$7 , 5 0 0

$7 , 5 0 0to

8,1*99

$8 , 5 0 0to

9,1*99

$9 , 5 0 0to

10,1*99

$1 0 , 5 0 0to

12,1*99

$1 2 , 5 0 0to

lit,1*99

$1 1*, 5 0 0to

16,1*99

$1 6 , 5 0 0to

18,1*99

$1 8 , 5 0 0andover

Houses coupleted July-Deeember 19li9j, 1 5 metropolitan areas

Atlanta ......... 1,750 |8,200 100 33 21* 15 7 10 h 1 3 2Boston .......... 1,290 9,800 100 2 17 26 18 16 6 5 5 6Chicago ......... 5,700 12,200 100 6 1 8 11 28 19 1 1 3 13Cleveland ....... 2,61*0 1 2 , 9 0 0 100 1 3 k 8 27 18 13 8 19Dallas ........... 2,800 7,200 100 61* 6 2 5 5 2 3 2 10Denver .......... 1,715 9 , 3 0 0 100 3 20 35 15 15 5 2 2 3D e t r o i t........ . 11,225 9 , 1 0 0 100 18 20 22 13 15 7 2 2 3Los Angeles ..... 15,11*0 8 , 7 0 0 100 1U 31 27 9 5 h 3 3 5M i a m i ........... 3,01*0 7 , 5 0 0 1 0 0 h9 17 8 9 10 3 (2/) 1 1New York ........ 16,31*0 1 0 , 3 0 0 100 5 1 5 17 15 21 8 ~ h 6 9Philadelphia 5,21*5 9 , 5 0 0 100 5 8 37 lii 20 8 k (2/) 1ftPittsburgh ...... 1,705 11,200 100 1 2 21 15 3U 15 5 ~ U 1ftSan Francisco If, 1*80 10,700 100 U 1 5 17 12 21 8 8 1ft 12Seattle ......... 860 9,800 100 1 1 1 0 25 13 13 7 b 6 11Washington, D* C*. 3,780 12,300 100 2 (2/) 12 19 18 19 15 5 11

Houses coupleted October-December 1950, 10 metropolitan areasAtlanta ......... 1,200 9 ,1 * 0 0 100 12 23 17 19 10 7 5 (2/) 7Boston .......... 2,200 1 1 , 5 0 0 100 (2/) 1 7 21 31 11 9 ~ 8 12Chicago ......... 5,780 1 3 , 9 0 0 100 1 2 5 6 21 25 18 9 13Dallas .......... 2,1*30 8 , 3 0 0 100 28 28 7 h h h U 3 17Detroit ......... 8,270 9 , 5 0 0 100 8 lh 28 lii 23 h 3 3 5Los Angeles .... 22,730 9 , 3 0 0 100 7 18 314 17 15 k 3 (2/) 1ftNew York ........ 17,570 1 0 , 8 0 0 100 6 11 13 16 23 12 6 ~ 2 11Pittsburgh ...... 1,230 1 1 , 7 0 0 100 8 1 8 16 33 11 8 1ft 12San Francisco 3,71*5 1 0 , 3 0 0 100 2 2 26 26 17 12 5 1ft 6Washington, D. C, 3,725 1 2 , 1 0 0 100 ( / ) 2 5 22 26 12 12 11 11

Houses completed January-March, 10 metropolitan areasAtlanta ......... 815 9 , 3 0 0 100 19 12 2 I4 22 3 5 2 6 7Boston .......... 1,11*0 1 2 , 8 0 0 100 (2/) 3 3 16 26 17 11 10 liiC hicago......... 1*,320 1 1 * , 1 0 0 100 - 1 2 8 h 18 20 20 12 15Dallas . ........ 1,600 9 , 0 0 0 100 18 23 19 10 2 8 3 5 12Detroit ......... 7,215 1 0 , 1 0 0 100 2 10 26 20 23 9 2i 2 1ftLos Angeles .... 13,01*0 1 0 , 1 0 0 100 2 9 22 30 19 5 3 3 7New Y o r k ........ 12,090 1 1 , 8 0 0 100 2 8 11 12 25 17 9 1ft 11Pittsburgh ...... 380 n ,6o o 100 1 16 h 13 31 18 10 (2/) 5San Francisco 3,300 1 0 , 9 0 0 100 2 2 18 22 23 8 9 8 9Washington, D# C. 1,71*0 11,800 100 (2/) 1 6 18 33 15 12 3 12



SALES HOUSING

PART EL ALL MORTGAGED- HOUSES 3/

Table 7 New 1-Family Houses Purchased: Distribution by Purchase-Price Class Continued

Area

All new mortgaged houses Percent of new mortgaged houses having purchase price of

NumberMedian

purchaseprice

Allprices

Under$7,500

$7,500to

8,1:99

$8,500to

9,1:99

$9,500to

10,1:99

$10,500to

12,1:99

$12,500to

1U,1:99

$11:, 500 to

16,1:99

$16,500to

18,1:99

*18,500and

over

Houses completed July-December 1 9 l i 9 , 15 metropolitan areas

Atlanta ......... 1,710 $8,200 100 33 2 5 1 5 8 10 li 1 3 1Boston .......... 1,215 9 , 7 0 0 100 2 18 27 18 1 6 5 5 li 6Chicago 5,380 12,200 100 6 2 8 12 27 1 9 12 li 11Cleveland ....... 2,110 12,800 100 9 3 h 8 2 9 17 13 7 17Dallas ......... . 2,700 7,200 100 66 6 2 6 5 2 3 2 9Denver .......... 1,615 9,200 100 3 21 38 16 15 3 2 1 2Detroit ......... 10,530 9,000 100 1 9 21 22 13 15 6 1 1 2Los Angeles ..... 111, 120 8 , 6 0 0 100 lU 32 26 9 5 li 2 3 liMiami ............ 2,885 7,500 100 5 o 1 8 8 10 10 2 (2/) < 2 / ) 1New York ........ 15,310 10,200 100 5 16 18 16 21 9 li U 7Philadelphia .... U,960 9 , U o o 100 6 9 39 ll 20 7 3 ( 2 / ) 3Pittsburgh ...... 1,555 11,000 100 1 2 23 16 3U l l i li 3 3San Francisco ... U,095 10,1:00 100 u 16 19 13 22 7 7 3 11Seattle ......... 750 9,500 100 12 11 28 15 15 8 2 l i 7Washington, D. C. 3,520 12,100 100 ( 2 / ) 1 H i 19 19 18 H i 5 8

Houses completed October-December 1950, 10 metropolitan areas

Atlanta ....... . 970 9,200 100 12 26 19 22 7 5 5 (2/) 5Boston .......... 1,950 n , 5 o o 100 (2/) 1 5 23 31 12 9 9 10Chicago ......... U,795 13,700 100 2 3 6 7 23 26 18 8 7Dallas .......... 2,Ui5 8,200 100 29 29 8 5 5 li 3 2 15Detroit ......... 6,815 9,500 100 5 15 31 17 22 3 2 2 ULos Angeles ..... 2 1 ,5 1iO 9,300 100 7 17 3k 17 1 6 3 3 (2/) UNew York ........ 15,730 11,300 100 6 12 lli 18 22 11 6 2 10Pittsburgh ...... 835 11,100 100 7 (2/) 12 21 2 7 11 12 6 USan Francisco ... 3,260 10,200 100 1 3 26 26 1 7 12 li li 1:"Washington, D. C. 3,360 11,900 100 (2/) 8 6 2li 2 5 12 12 10 10

Houses completed January-March 1951, 10 metropolitan areas

Atlanta ......... 725 9,300 100 18 13 2U 20 2 6 2 7 8Boston .......... 900 1 1 , 8 0 0 100 (2/) 3 3 18 29 18 13 9 8Chicago ......... U, 080 13,900 100 2 2 8 h 18 21 20 11 H iDallas .......... 1,1:95 8,900 100 17 25 20 10 2 8 3 5 11D e t roit......... 6,590 9,900 100 2 11 28 21 22 9 2 2 2Los Angeles ..... 12,075 10,000 100 2 9 22 31 19 6 2 3 5New York ........ 1 0 , 6 6 0 11,700 100 (2/) 9 12 H i 26 18 9 3 9Pittsburgh ...... 335 11,1:00 100 (2/) 16 h 15 33 20 5 ( 2 / ) 6San Francisco ... 2,560 1 0 , 6 0 0 100 2 2 19 25 26 7 8 li 6Washington, D. C. 1 , 6 8 0 1 1 , 8 0 0 100 ( 2 / ) (2/) 6 16 33 l l i 13 3 12



SALES HOUSING

PART C -ALL MORTGAGED HOUSES PURCHASED BY WORLD WAR II VETERANS

Table 7* New 1-Family Houses Purchased: Distribution by Purchase-Price Class Continued

Area


NumberMedianpurchaseprice

Allprices

Under#7,5oo

$7,500to8,1)99

$8 , 5 0 0to

9,1)99

$9,500to

10,1)99

$1 0 , 5 0 0to

12,1)99

$1 2 , 5 0 0to

H), 1)99

$11), 5 0 0 to

16,1j99

$1 6 , 5 0 0to

18,1*99

$1 8 , 5 0 0and

overHouses completed July-December 19U9,, 1 5 metropolitan areas

Atlanta 1,350 $8 , 2 0 0 1 0 0 2 8 30 19 9 9 1* (2/) 1 (2/)Boston .......... 775 9 ,1 * 0 0 1 0 0 3 k 1 8 3 k 2 1 13 1* 6 (2 / 0 1Chicago ....... 3,030 1 1 , 6 0 0 1 0 0 71 3 5 19 2 8 2 0 5 1* 8Cleveland .... . 1,350 1 1 , 3 0 0 1 0 0 (2/) 5 5 13 36 17 9 1* 13Dallas.... ... . l,9l)5 7 , 1 0 0 1 0 0 73 7 3 8 2 1 1 (2/) 5Denver .......... 1,365 9 , 1 0 0 1 0 0 2 3 k 1*0 17 11* 2 (2 /) (|/) 1Detroit ........ 7,500 8 , 7 0 0 1 0 0 2 2 23 25 15 1 0 1* (2 / 0 Cl D 1Los Angeles . 10,31)5 8 , 5 0 0 1 0 0 1 1 38 32 9 1* 1 1 2 2Miami ...... 2,1)25 7 , 1 0 0 1 0 0 57 1 8 9 8 7 1 1 (2/> (2/)New York ........ 1 0 , 0 3 0 9,500 1 0 0 i* 2 0 25 1 8 1 8 7 3 2 3Philadelphia ... 3,1)90 9 , 2 0 0 1 0 0 7 1 0 1*7 11* 11* 6 1 (2 /) (2/)Pittsburgh ..... 1,085 1 0 , 5 0 0 1 0 0 (2 /,) 2 27 2 0 31 1 1 2 3 1*San Francisco 2,825 9,900 1 0 0 k 1 6 23 1 6 23 5 5 2 6Seattle ......... 1 ) 0 0 9 , 1 0 0 1 0 0 13 1 6 31 1 8 1 0 5 (2/) 3 1Washington, D. C. 2,605 1 1 , 3 0 0 1 0 0 1 1 17 21* 2 1 17 13 3 5

Houses completed October-March 1950, 1 0 metropolitan areas

Atlanta ........ 71)0 9 , 0 0 0 1 0 0 1 1 2 6 21* 25 6 5 i* (2/) (2 / 0Boston......... 1 , 2 1 0 1 1 , 0 0 0 1 0 0 (2/) 2 7 29 36 1 2 1* 7 5Chicago ........ 2 , 8 3 0 1 2 , 5 0 0 1 0 0 3 k 9 1 0 25 2 6 13 7 3Dallas ......... 1,275 8 , 0 0 0 1 0 0 31 k o 6 k 2 1* 2 1 1 1Detroit ........ 5,770 9,300 1 0 0 k 1 8 36 1 8 19 1 (2 / 0 2 3Los Angeles .... 1 6 , 9 0 0 9 , 1 0 0 1 0 0 6 2 0 39 2 0 1 1 2 1 (2/) 1New York ....... 1 1 , 5 9 0 1 0 ,1 * 0 0 1 0 0 6 13 15 1 8 2 6 13 5 (!/) l*Pittsburgh ..... 51)5 1 0 , 6 0 0 1 0 0 8 1 1 6 2 i* 33 15 3 (2/) (2 / 0San Francisco 2 ,1 ) 3 0 1 0 , 0 0 0 1 0 0 2 3 30 31 15 1 0 1* 2 2Washington, D. C 2,585 1 1 , 2 0 0 1 0 0 (2/) 2 7 29 30 1 2 9 8 1*

Houses completed January-March 1951, 1 0 metropolitan areas

Atlanta ........ 6 1 0 9,300 1 0 0 17 I k 25 19 2 6 (2 / 0 8 1 0Boston..... . 6 0 0 1 1 , 2 0 0 1 0 0 (2/) 3 k 23 31* 1 6 8 7 5Chicago ........ 2 , 1 6 0 1 3 , 1 0 0 1 0 0 1 3 8 l* 29 17 25 7 6Dallas ......... 1 , 0 1 0 8,700 1 0 0 15 31 2 1 9 2 5 1* 3 9Detroit 5,150 9 , 6 0 0 1 0 0 2 1 2 31* 2 2 2 2 8 (2/) (2/) (2/)Los Angeles 9,385 9,900 1 0 0 2 8 25 38 1 8 1* 2 2 2New York ........ 7,150 1 1 , 1 0 0 1 0 0 (|/) 1 0 1 6 1 6 25 15 8 2 7Pittsburgh ..... 225 1 0 , 8 0 0 1 0 0 (1 /) 2 0 6 19 32 1 6 5 K l / ) (2/)San Francisco 1,665 1 0 , 2 0 0 1 0 0 1 2 2 6 30 2 1* 6 6 2 3Washington, D C 1,330 1 0 , 6 0 0 1 0 0 (2/) 1 7 2 0 39 1 2 1 0 k 8

See footnotes at end of table


SALES HOUSING

PART D . ~ ALL MORTGAGED HOUSES PURCHASED BY OTHER VETERANS AND NONVETERANS

Table 7.--New 1-Faroily Houses Purchased: Distribution by Purchase-Price Class Continued

Area


NumberMedian

purchaseprice

Allprices

Under#7 , 5 0 0

#7 , 5 0 0to8,1*99

#8 , 5 0 0to9,1*99

#9 , 5 0 0to

10,1*99

#1 0 , 5 0 0to

12,1*99

#1 2 , 5 0 0to

n*, 1*99

#U*,5ooto

1 6 ,1 *9 9

#1 6 , 5 0 0to

1 8 ,1 * 9 9

18,500and

over

Houses completed July-December 19l*9, 15 metropolitani areasAtlanta ........ 3 6 0 # 7 , 5 0 0 100 50 5 2 6 li* 3 1* 10 5Boston ......... 2*i*o 11,100 100 (2 /) 17 16 11 20 8 1* 10 1 6Chicago ........ 2 , 2 7 5 13,300 100 6 (2/) 11 2 23 19 20 1* 15Cleveland...... 1 , 0 5 0 n*, 7 0 0 100 2 (2/) 3 2 21 18 19 11 23Dallas ......... 7 5 0 8 , 3 0 0 100 1*7 1* (2/) (2/) 13 3 7 6 2 0Denver