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stru ctu ra l
c h a r a c te r is tic s
New Housing in
fin a n c in g
M etropolitan A reas, 1949-51
N e w H o u sin g in
M e tro p o lita n A re a s, 1949-51
stru c tu ra l
c h a ra c te ris tic s
fin a n c in g
s a le s
p ric e s
rents
in co m e s
ve te ran
s ta tu s
For sale by the Superintendent o f Documents,
BULLETIN N O . 1115
UNITED STATES DEPARTMENT OF LABOR
Maurice J. Tobin, Secretary
BUREAU OF LABO R STA TISTIC S
Ewan Clague,
U. S. Government Printing Office, Washington 25, D . C.
Com m issioner
Price 35 cents
L e t t e r o f T ran sm ittal
UNITED STATES DEPARTMENT OF LABOR,
BUREAU OF LABOR STATISTICS,
W ashington, D. C ., September 25, 1952*
THE SECRETARY OF LABOR:
I
have th e h on or t o tr a n s m it h e re w ith a r e p o r t on new h ou sin g b u ilt in
c e r ta in la r g e m etrop olita n areas during 1949-1951.
This re p o rt p r e s e n ts com prehensive f i n a l r e s u l t s o f th e Bureau o f Labor
S t a t i s t i c s re ce n t s t u d ie s o f th e s t r u c t u r a l c h a r a c t e r i s t i c s , s a le s p r ic e s ,
fin a n c in g , r e n t s , and th e incomes and veteran status o f occupants o f new p r iv a te
housing b u ilt in the standard m e tro p o lita n a rea s o f A tla n ta , B oston , C h icago,
C levelan d , D a lla s , Denver, D e tr o it , Los A ngeles, Miami, New York, P h ila d e lp h ia ,
P itts b u rg h , San F r a n c is c o , S e a t t le , and W ashington, D. C. The data r e la t e t o
s e le c t e d q u a rters o f 1949, 1950, and 1951o
F in a l r e v is e d estim ates f o r a l l data p r e v io u s ly re le a s e d on th e s e s tu d ie s
by th e Bureau a re included in th is B u lle t in , plus h ith e rto unpublished summaries
com piled f o r a n a ly s is i n s p e c ia l r e p o r t s .
This p u b lic a t io n was planned and the m a te r ia l assem bled
ney o f the Bureau’ s D iv is io n o f C on stru ction S t a t i s t i c s .
b y Mary F . Car
EWAN CLAGUE, Commissioner
Hon. MAURICE J . TOBIN,
S e c r e ta ry o f Labor.
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Federal Reserve Bank of St. Louis
N e w H ou sin g in M e tro p o lita n A re a s, 1949-51
CONTENTS
h
Coverage, s o u r c e s , and r e l i a b i l i t y o f estim ates
D e fin it io n s and e x p la n a tio n s .......................................
7
S t a t i s t i c a l ta b le s
STRUCTURAL CHARACTERISTICS OF NEW DWELLING UNITS
S e le c te d c h a r a c t e r is t ic s
(1-F am ily Houses S ta r te d : F lo o r sp a ce, bathroom s,
basem ents, window fram es, typ e o f h e a tin g , type
o f b u ild e r , and average c o n s tr u c t io n c o s t )
1 . 15 m e tro p o lita n a re a s , s e le c t e d q u a rters o f 19 ^9 , 1950, 1951...................... 13
2 . 7 m e tro p o lita n a re a s , January-March 1950............................................................... 18
D e ta ile d c h a r a c t e r is t ic s
3.
1-Fam ily Houses S ta r te d , S e le c te d A reas, S e le c te d Q u arters, 19l»9, 1950. 19
A— P lan: S t o r ie s , A t t ic S u ita b le f o r F in is h in g , Room Count
B— M a te r ia ls : O utside and I n t e r io r W alls
C— Heating Systems
D— T^pe o f S tr u c tu r e , Garage, P orch, F ir e p la c e , Sew age-D isposal
and W ater-Supply Systems
1*. Units in 5 -or-m ore Family S tru ctu re s S ta r te d , S e le c t e d A reas,
Selected Quarters, 19l*9, 195 0................................................................................. ..
A— Room Count, Bathrooms, ELevator S e r v ic e
B— F lo o r Space
C— M a te r ia ls : O utside and I n t e r io r W alls and Window Frames
D— Heating Systems
23
SALES PRICES, FINANCING, PURCHASERS' INCOMES AND VETERAN STATUS
Summary d a ta , 10 m etro p o lita n a r e a s , s e le c t e d qu a rters 19U9, 1950, 1951
5 . Number of Houses Purchased, Median Purchase Price, Price C la s s e s ,
F inancing and Income C h a r a c t e r is t ic s ........................................................................
A— Number Purchased, Median Purchase P r ic e , P r ic e C la sses
B— F inancing C h a r a c te r is t ic s
C— Income C h a r a c te r is t ic s
25
Detailed data, s e le c t e d m e tro p o lita n a r e a s , s e le c t e d q u a r te r s , 19U9> 1950,1951
6 ; Percentage D is t r ib u t io n o f Purchased Houses, and Average Purchase
P r ic e , by Mortgage Status and by P u rchasers' Veteran S ta tu s .................... 2 8
7 . Percentage D is t r ib u t io n o f Purchased Houses by P u rch a se-P rice C l a s s . . . 29
A—A ll Purchased Houses
B— Mortgaged Houses
C—Mortgaged Houses Purchased by World War I I Veterans
D— Mortgaged Houses Purchased by Other Veterans and Nonveterans
8 . Percentage D is t r ib u t io n o f Mortgaged Houses by Veteran S tatus o f Pur
chaser and by Type of Mortgage....................................
33
l
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 is t r ib u t io n o f Mortgaged Houses by Type o f Mortgage and
by Percent o f Initial Equity.....................................................................................
3U
A— A l l Mortgaged Houses
3— Mortgaged Houses Purchased w ith VA-Guaranteed Mortgage
C— Mortgaged Houses Purchased w ith FHA-Insured and C onventional
(U ninsured) Mortgage
1 0 . Percentage D is t r ib u t io n o f Mortgaged Houses by P u rch a se-P rice C lass
and by P ercen t o f I n i t i a l E q u ity.............................................................................
A— I n i t i a l E quity i n Houses P rice d Under $9,500
B— I n i t i a l Equity i n Houses P riced $9»500-$12,l*99
C— I n i t i a l E quity in Houses P rice d $12,$00 and over
1 1 . Percentage D is t r ib u t io n o f Purchasers by Income C la s s , Average Pur
chase P r ic e by Income C la ss , and R a tio o f Purchase P r ic e t o In com e..
A— Income C lass f o r Purchasers o f New Houses
B— Average Purchase P r ic e by Income C lass
C—R a tio o f Purchase P r ic e t o Income
37
1*0
Det a i l e d d a ta , 15 m e trop olita n a r e a s , l a s t h a lf 191*9
1 2 . Average Purchase P r ic e o f New Mortgaged Houses, by V eteran Status
o f Purchaser and by Type o f M ortgage......................................................................
1*3
1 3. Average Amount o f Mortgage and Average Monthly Mortgage Payment...........
U3
lJU. Average D uration o f Mortgage and Average I n t e r e s t R a te, by Type o f
M ortgage.................................................................................................................................
1*1*
1 5 . Source of Down Payment and Average Amount of Initital Equity..................
1*5
1 6 . Source of First Mortgage Loan.....................................................................................
1*5
1 7 . Income C lass f o r Purchasers o f Mortgaged Houses: Percentage D is tr ib u
t i o n , Average Purchase P r ic e , and Mortgage Amount as P ercen t o f
Purchase P r i c e .................................................................................................................... 1*6
1 8 . Income C lass f o r Purchasers o f Mortgaged Houses: Average Amount o f
M ortgage, R a tio o f Mortgage Amount t o Income, and R a tio o f Mortgage
Payment t o Incom e.............................................................................................................
1*7
1 9 . P rop ortion o f New Houses M ortgaged, by P u rch asers' Income C la s s ...........
1*8
20. Percentage D is t r ib u t io n o f Houses Purchased, by Type o f B u ild in g Opera
t io n , Mortgage S ta tu s , and Veteran Status o f P u rchaser............................. 1*8
21. Type o f B u ild in g O peration : Percentage D is t r ib u t io n by Room Count, and
Average Square F eet o f F lo o r Space and Average Purchase P r ic e ................ 1*9
22. Percentage D is t r ib u t io n by P ercen t o f I n i t i a l E quity f o r A ll Houses,
O p era tiv e- and C o n tr a c t-B u ilt Houses, and Houses Purchased by Veterans
and N onveterans..................................................................................................................
51
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CONTENTS
SALES PRICES, FINANCING, PURCHASERS' INCOMES AND VETERAN STATUS (C ont'd.)
D e ta ile d d a ta , 15 m etro p o lita n a r e a s , l a s t h a l f 19k9 (C on t'd J
23. P rop ortion o f Houses Having S p e c ifie d Equipment In clu d ed in Purchase
P r ic e ........................................................................................................................................
53
NEW SALES AND RENTAL HOUSING
21*. Elapsed Time from Com pletion o f New D w elling Units U n til Purchase o r
R e n ta l, 15 M etrop olita n A reas, L a st H alf 191*9................................................
53
25. Percentage D is t r ib u t io n o f Completed D w elling Units by Intended D is
p o s i t i o n (F or S ale o r R e n t), by Type o f B u ildin g O peration and by Type
o f S tr u c tu r e , 10 M etrop olita n A reas, S e le c te d Q u arters, 1950, 1951*• 5h
NEW RENTAL HOUSING
S e le c te d m e tro p o lita n a r e a s , s e le c t e d q u a rters 19t*9» 195>0> 1951
26. Percentage D is t r ib u t io n o f Rented U nits by Monthly R ental C la s s , and
by Veteran S tatu s o f Tenant........................................................................................
A— A ll Rented D w elling Units
B—Units Rented by World War I I Veterans
C—U nits Rented by Other Veterans and Nonveterans
56
27. Income C lass f o r Renters o f New U n its : Percentage D is t r ib u t io n , Aver
age Monthly C on tract R ent, and Rent-Incom e R a t io .......................................... 59
A— Income C lass f o r Renters o f New U nits
B— Average Monthly C on tract Rent by R en ters' Income C lass
C—R a tio o f Rent t o Income
S e le c te d m e tro p o lita n a r e a s , s e le c t e d qu a rters 191;9, 19f>0
28. Percentage D is t r ib u t io n o f Rented U nits by Room Count, and Average
Monthly Rent by Room Count..........................................................................................
A— Number o f Rooms
B— Average Monthly C on tract Rent by Number o f Rooms
62
29 . P ro p o rtio n o f Rented Units Having U t i l i t i e s and Equipment In clu d ed
in R ent...................................................................................................................................
63
LIST OF RECENT ELS PUBLICATIONS ON NEW HOUSING IN METROPOLITAN AREAS.........
6k
T his p u b lic a tio n prepared by
DIVISION OF CONSTRUCTION STATISTICS
W alter W. S ch n eid er, A ctin g C h ief
3
N E W H O U S IN G
IN M E T R O P O L IT A N A R E A S
This b u lle t in p resen ts com prehensive f i n a l r e s u lt s o f th e Bureau o f Labor
S t a t i s t i c s recen t s t u d ie s o f t h e s t r u c t u r a l c h a r a c t e r i s t i c s , s a le s p r ic e s ,
fin a n c in g , r e n ts , and th e incomes and veteran statu s o f occupants o f new p r iv a te
hou sin g b u ilt in c e r ta in la r g e m etrop olitan a re a s . The data r e la t e t o s e le c t e d
q u a rte rs o f 1949, 1950, and 1951, and are the fin d in g s o f surveys made in A tla n ta ,
B oston, C h icago, Cleveland, D allas, Denver, D e tr o it, Los Angeles, Miami, New York,
P h ila d e lp h ia , P it t s b u r g h , San F r a n c is c o , S e a t t l e , and W ashington, D. C. 1 /
P relim in a ry r e s u lt s o f th ese surveys were p u b lish ed , as soon as the data became
a v a ila b le , in p re ss r e le a s e s and in m onthly is s u e s o f C o n stru ctio n (F ebru aryAugust 1 9 5 1 ). A ls o , s p e c ia l r e p o r ts appeared in C o n stru ctio n and th e M onthly
Labor Review during 1950-52. This rep ort c o n ta in s f i n a l r e v is e d estim a tes f o r
a l l data p r e v io u s ly r e le a s e d , p lu s h it h e r t o unpublished summaries com piled f o r
a n a ly s is o f th e data in s p e c ia l r e p o r t s .
A supplement t o C o n s t r u c t io n , is s u e d in May 1951, p r o v id e d monthly and
annual estim ates o f t h e number o f new nonfarm d w e llin g u n it s s ta r te d (p r iv a t e
and p u b lic ) in th ese 15 areas during th e 5-year p eriod 1946-50, and th e average
c o n s tr u c tio n c o s t o f p r iv a t e 1 -fa m ily h ou ses.
Sources o f d a ta . Area housing s t a t i s t i c s were c o l l e c t e d by th e Bureau through
f i e l d surveys made in each o f t h e 15 a r e a s . The in form a tion on th e volume o f
p r iv a te housing sta rted was c o lle c t e d from bu ilding-perm it re co rd s, and by in t e r
view s w ith b u ild e r s or p ro sp e ctiv e owners. In p e rm it-iss u in g p a rts o f an a re a ,
th e survey covered a l l u n its in la r g e p r o je c t s , and in clu d ed a sample o f u n its
in sm aller p r o je c t s . In n o n -p e r m it-iss u in g p a rts o f an a rea , a com plete count
was made o f new d w ellin g u n it s s t a r t e d .
S tu d ies on the s iz e and s tr u c tu r a l c h a r a c t e r is t ic s o f new p r iv a te housing
complemented th e surveys o f housing s t a r t s ; the sources o f in form a tion were th e
same, and the survey proced u res were perform ed sim u lta n eou sly. 2 /
The p u r c h a s e -p r ic e , r e n t a l, income, and m ortgage-financing data were based
on a sample o f p r iv a te d w ellin g u n its com pleted in th e a r e a s , with in form a tion
c o l l e c t e d d i r e c t l y from the i n i t i a l purchaser or tenant o f the d w ellin g u n it . 2 /
Coverage in clu d ed houses b u ilt on con tract l e t by the owner, but excluded ownerb u i l t and c o o p e ra tiv e houses, and th ose w ith a c o n s tr u c tio n c o s t o f $30,000 o r
more.
R e l i a b i l i t y o f th e e s tim a te s . Because the estim ates a re based on sample d ata,
th ey are s u b je ct t o sampling v a r i a b i l i t y . However, fo r housing s ta r t s estim a tes
in the 15 a re a s , s tu d ie s have revealed th a t the sampling v a r i a b i l i t y i s s u f f i
c i e n t l y small t o be n e g l i g i b l e .
G e n e ra lly , th e r e l i a b i l i t y o f an e s tim a te d p e r ce n ta g e depends upon th e
s iz e o f th e p ercen ta g e and th e s iz e o f th e t o t a l on which i t i s b a sed . Small
p ercen ta ges are s u b je c t t o la r g e r r e l a t i v e e r r o r s than la r g e p e r ce n ta g e s . 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 1 05 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 percent
ages 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 com
plete 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 percent
age points for a 5 or 95-percent estimate.
E stim a ted
percentage
1
2
5
10
30
or
or
or
or
or
50
99
98
95
90
70
Sampling
variability
1.15
percent
1.50
2.50
3.65
5.<10
6.50
percent
percent
percent
percent
percent
Rented u n i t s . For new rented d w ellin g u n it s , the fo llo w in g t a b le p resen ts
th e approxim ate sampling v a r i a b i l i t y o f a number o f estim ated p ercen ta ges based
on th e t o t a l o f r e n t a l u n it s com p leted d u rin g th e l a s t h a l f o f 1949. 2 / The
chances are about 19 in 20 th at th e d iff e r e n c e due t o sampling v a r i a b i l i t y be
tween an estim ated p e rce n ta g e (a s shown in column 1 ) , and a p ercen ta g e which
would have r e s u lte d from a com plete census, i s le s s than th e sampling v a r i a b i l
i t y in d ic a te d in columns 2 , 3 , and 4o
(1)
Estivated
percentages
1
2
5
10
25
or
or
or
or
or
50
99
98
95
90
75
(2)
Sampling variability
for 8 areas *
(3 )
Sampling variability
for 5 areas**
(*)
Sampling variability
for Los Angeles area
Percent
Percent
Percent
1.8
2.6
4.3
6.0
8.1
9.2
1.2
1.6
2.6
3.4
5.0
5.8
1.0
1.*
2.2
3 .0
5 .0
* Boston, Cleveland, Dallas, Denver , Detroit, Pittsburgh, Seattlef Washington.
** Atlanta, Chicago, Miami, Mew York , San Francisco.
5
COVERAGE. SOURCES. AMD RELIABILITY OF ESTIMATES
To i l l u s t r a t e th e a b ov e, assume th a t f o r th e A tla n ta area sample r e s u lt s
showed 10 p ercen t o f th e u n it s ren ted f o r $ 8 0 -$ 9 0 . I f a com plete census were
ta k en , th e chances are 19 in 20 that th e r e s u lt s would show between 6 .6 percen t
and 1 3 .4 percen t o f th e u n its re n tin g f o r $80 -$ 9 0 .
1 / The m etrop olita n areas surveyed fo llo w boundaries esta b lish e d f o r use in th e
1950 Census, and f o r standard use by a l l Government s t a t i s t i c a l c o l l e c t i n g agen
c ie s .
2 / The 1949 survey cov ered 15 a r e a s j but th e 1950-51 surveys were lim it e d (b e
cause o f budget red u ction s) both in th e number o f areas covered and in th e amount
o f data ta b u la te d f o r p u b lic a t io n .
On th e s a le s -p r ic e and re n ta l surveys, a l l in terview s with occupants o f new
u n its com pleted during July-December 1949 were concluded by May 1950} f o r u n it s
com pleted during October-December 1950, in terv iew s covered u n its s o ld o r ren ted
by March 1, 1951} and f o r u n its com pleted during January-March 1951, in te r v ie w s
covered u n it s s o ld o r ren ted 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 o n ly t o t h e 1949 s u rv e y s.
Although v a ria n ce s were not computed in d e t a il f o r the 1950-51 surveys, p r e lim i
nary a n a ly s is in d ic a t e d th a t the magnitude o f th e e r r o r s would n ot be la r g e r ,
and may be somewhat sm a ller than t h e sampling e r r o r s c i t e d above f o r th e 1949
su rveys, because o f improved sampling tech n iq u es in l a t e r su rveys.
6
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 facili
ties, i.e., the minimum built-in facilities essential to housekeeping.
Starting date. The date on which excavation work for the basement or for found
ation 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.
entrance from the
reach from ground
adjoining units.
A dwelling unit for one family which has a separate and direct
outside, an individual heating plant, separating walls which
to roof, and which can be sold independently of nearby or
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 identi
cal); 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 sepa
rate 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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Federal Reserve Bank of St. Louis
7
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 charge
able directly to the building of the structure. It excludes sales profit, cost
of land and development, and architectural, engineering, and all other such non
construction 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 stair
way 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.
8
DEFINITIONS AND EXPLANATIONS
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 moderrately small units such as brick, stone, concrete block, cinder block, struc
tural 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, insu
lating 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.
single brick layer over frame wall.
"Brick veneer" is a
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.
clude brick (or other masonry units).
Ex
9
DEFINITIONS AND EXPLANATIONS
Interior wall facing;
Plaster. Applied wet.
Wall board. Composition wall board, commonly known as plaster board, gypboard, 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 radi
ators, panels, or registers.
Hot water. Heated at central location; piped to parts of structlire;
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
through metal ducts, asbestos lined wood, or
heat released through open registers, or via
scribed above. Also includes pipeless furnace
to parts of structure
flame-proofed canvas;
radiant panels as de
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
tub or shower stall. Partial: Has only two of preceding fixtures.
bath
Water supply:
10
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, reser
voir, 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.
DEFINITIONS AND EXPLANATIONS
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.
septic tank, cess pool, or there may be no installed system.
May be a
Type of building operation:
Operative-built. Units built for sale or for rent.
Contract-built. Single units built, for owner-occupancy, by a general con
tractor under a contract from the owner0
Owner-built. Units built by the owner without benefit of a prime contrac
tor. 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 pro
vided by the contractor) by initial purchaser of a new house. Settlement charges
are excluded. Fora contract-built house, total costs are considered the equiva
lent of the purchase price, including cost of land, cost of building the struc
ture (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 property purchased.
The loan is secured by
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 mort
gage; 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.
11
DEFINITIONS AND EXPLANATIONS
VoAo guaranteed mortgage loan. A mortgage loan obtained under Veterans Admin
istration 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.
12
STRUCTURAL CHARACTERISTICS
Table 1.— Structural Characteristics and Average Construction Cost of New 1-Family Houses
Started in 15 Metropolitan Areas, Selected Quarters of 19U9-1951
Atlanta
All areas
19U9
1930
1951
19U9
1950
Boston
1951
19U9
1950
1951
1
3-U
2 -3
1
Item
QUARTER
3-U
2 -3
1
3-U
2 -3
Number of houses started ..
U t6,970
21*1*, 710
72,U1»0
3 ,6 8 0
6,U *0
2 ,2 0 0
U,2U0
7 ,0 3 0
1 ,8 1 0
Average construction cost .
$ 8 ,5 0 0
$ 9 ,2 0 0
$ 1 0 ,7 0 0
$ 6 ,9 0 0
$ 7 ,9 0 0
$ 8 ,8 0 0
$ 9 ,1 0 0
$ 9 ,7 0 0
$ 1 1 ,0 0 0
Percentage distribution
Structural
characteristics
100
9
21
22
13
18
12
3
100
3
XU
21
III
25
Ik
6
100
k
11
15
16
25
18
11
100
12
13
18
16
22
12
7
100
3
6
23
21
2ii
lk
9
100
k
7
lii
23
19
20
12
100
8
32
17
6
8
18
10
100
5
25
21
10
11
17
11
100
1
2U
19
13
9
18
16
Number of baths ..........
Less than one ..........
One .....................
More than one ..........
100
1
88
11
100
1
86
13
100
2
78
20
100
11
80
9
100
2
89
9
100
k
82
1k
100
(1 /)
8U
16
100
(1 /)
8U
16
100
U/)
78
22
Basement or utility room ..
Full or partial basement.
Utility room (no basement).
No basement or utility
room ...........
100
31
17
100
52
17
100
61
17
100
27
10
100
22
21
100
3k
22
100
90
3
100
93
2
100
9U
k
32
31
22
63
57
kk
7
5
2
Window frames ............
W o o d .............. .
Steel ...................
Aluminum ................
100
72
2k
k
100
67
25
8
100
62
27
10
100
93
6
1
100
85
7
7
100
86
9
5
100
9U
6
100
88
12
0/>
100
90
10
(1 /)
Type of heating ..........
Central .................
Other ...................
None .............. .
100
66
30
k
100
68
28
100
15
81i
1
100
25
73
2
100
32
66
2
100
100
(1 /)
(i/)
100
100
(1 /)
(i/>
100
3
100
80
15
5
Builder ...................
Operative builder ......
Contractor .............
Owner ...................
100
76
12
12
100
69
19
12
100
77
12
10
100
6L
7
29
100
7ii
9
17
100
7h
10
16
100
81
16
3
100
58
20
21
100
69
1U
17
Floor area (sq. ft.) .....
Less than 700 ........................
700-799 ......................................
800-899 ......................................
900-999 ......................................
1 ,0 0 0 -1 ,1 9 9 .............................
1 ,2 0 0 -1 ,5 9 9 .............................
1 ,6 0 0 and over .........
<±/>
99
1
1
See footnotes at end of table.
13
STRUCTURAL CHARACTERISTICS
Table 1.— Structural Characteristics and Average Construction Cost of New 1-Family Houses
Started in IS Metropolitan Areas, Selected Quarters of 19U9-1951— Continued
Chicago
19U9
1950
Cleveland
1951
19U9
1950
Dallas
1951
19U9
1950
1951
1
3-U
2-3
1
Item
QUARTER
3-U
3-U
2 -3
1
13,010
23,3UO
1*,1*30
5 ,3 8 0
9,01*0
1,630
U, 220
6,510
2,630
Average construction cost . $10,600
$11,000
$13,000
$11,100
$11,900
$13,200
$ 7 ,3 0 0
$8,800
$10,700
Number of houses started ..
2 -3
Percentage distribution
Structural
characteristics
Floor area (sq. ft.) .....
Less than 700 ........................
700-799 ......................................
800-699 ......................................
900-999 ......................................
1 ,0 0 0 -1 ,1 9 9 .............................
1 ,2 0 0 -1 ,5 9 9 .............................
l,o0G and over .........
100
9
16
16
18
16
13
10
100
8
12
20
17
20
16
5
100
5
7
17
22
23
19
7
100
10
20
17
12
Hi
18
8
100
2
23
18
16
21
15
5
100
2
17
20
16
22
18
5
100
5
35
28
5
13
6
8
100
7
1U
30
10
17
10
12
100
8
6
21
9
17
22
17
Number of baths ..........
Less than one ..........
One ...................
More than one ..........
100
(!/)
87
13
100
1
85
lU
100
2
88
9
100
(!/)
82
16
100
0
88
12
100
1
8U
15
100
2
89
9
100
5
8U
11
100
u
77
19
Basement or utility room ..
Full or partial basement.
Utility room (no basement)
No basement or utility
room ...........
100
72
22
100
71
25
100
72
23
100
73
2k
100
78
21
100
81
16
100
0
3
100
1
2
100
(1 /0
6
6
U
5
3
1
3
97
97
93
Window frames ............
Wood ..................
Steel .................
Aluminum ..............
100
87
10
3
100
79
17
U
100
81$
12
1$
100
73
2li
3
100
76
19
5
100
81
Hi
k
100
55
Ul
U
100
53
Ul
6
100
UU
U8
8
Type of heating ..........
Central ................
Other .................
N o n e ................ . •
100
93
7
0
100
95
2
3
100
97
2
1
100
99
1
(i/)
100
99
0
1
100
99
1
0
100
8
92
<l/>
100
1U
71
lU
100
35
U9
15
Builder .................
Operative builder ......
Contractor ............
Owner .................
100
57
23
20
100
55
20
25
100
63
2k
13
100
59
23
16
100
65
19
100
70
21
9
100
8U
12
U
100
83
6.
11
100
See footnotes at end of table.
Ui
16
80
lU
6
STRUCTURAL CHARACT'LRISTICS
Table 1.--Structural Characteristics and Average Construction Cost of New 1-Family Houses
Started in 15 Metropolitan areas, Selected Quarters of 19L9-195l-~Oofltinued
Detroit
Denver
191*9
1950
1951
19i*9
* 1950
Los Angeles
1951
191*9
1950
[ 1951
Item
3-1*
ro
1
QUARTER
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,L90
Average construction cost .
$7,700
(2/)
$ 11,600
$8,100
$9,600
$10,500
$6,900
$7,500
$9,600
Percentage distribution
Structural
characteristics
Floor area (sq. ft.) .....
Less than 700 ..........
700-799 ...............
800-899 ...............
900-999 ...............
1,000-1,199 ...........
1,200-1,599 ...........
1 ,60C and over .........
ICO
12
uo
21
11
7
6
2
100
5
26
21
16
1C
5
100
3
20
21
21
15
13
7
100
12
U5
16
11
8
5
2
ICO
6
35
20
12
111
8
5
100
5
31
19
18
13
9
5
100
5
18
32
13
22
5
ii
100
li
6
27
Hi
35
9
5
(2/)
(2j)
(2/)
(2/0
(2/)
(2/0
(2/0
(2/0
Number of b a t h s ..........
Less than one ..........
O n e ...................
More than one ..........
100
0
90
1C
100
(1/)
88
11
100
h
81
15
100
0
95
5
100
2
91
7
100
5
87
8
100
(I/)
92
6
100
(1/i
89
10
(2/)
(2/)
(|/)
(2/0
Basement or utility room ..
Full or partial basement.
Utility room (no basement)
No basement or utility
room ...........
100
33
li5
100
hh
hi
100
36
U6
100
83
13
100
82
15
100
77
12
100
1
23
100
1
19
(2/)
(2/)
(2/)
22
15
16
h
3
11
76
80
(2/)
Window frames ...........
Wood ..................
Steel .................
Aluminum ..............
100
39
59
2
100
28
67
h
100
29
71
(1/)
100
75
23
2
100
75
23
2
100
66
13
1
100
78
20
2
100
85
12
3
(2,0
(2/)
(2/)
(2,0
Type of heating ••••......
Central ...............
Other .................
N o n e ..................
100
78
22
0
100
86
12
0/0
100
9h
3
3
100
95
5
<l/>
ICO
97
2
1
100
89
10
1
100
7
92
1
100
8
91
1
(2/)
(2/)
(2/)
(2/0
Builder .................
Operative builder .......
Contractor .............
Owner .................
100
81
8
11
100
7h
17
9
100
83
6
11
100
85
6
9
100
77
9
Hi
100
83
11
6
ICO
83
6
11
100
55
ho
U
(2/)
(2/)
(2/0
(2/)
16
See footnotes at end of table.
http://fraser.stlouisfed.org/
225836 0 - 52 - 3
Federal Reserve Bank of St. Louis
15
STRUCTURAL CHARACTERISTICS
Table 1,— Structural Characteristics and Average Construction Cost of New 1-Family Houses
Started in 15 Metropolitan Areas, Selected Quarters of 19U9-1951— Continued
Miami
191*9
1950
Philadelphia
New York
1951
191)9
1950
1951
191*9
1950
1951
1
3-U
2-3
1
Item
QUARTER
3-1*
2-3
1
3-1
2-3
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*,700
Average construction cost .
17,200
$8,300
$10,300
$8,900
$9,500
$12,000
$8,200
$8,600
$9,700
100
7
7
Ik
11
33
21
7
100
k
6
12
13
3k
20
10
Percentage distribution
Structural
characteristics
Floor area (sq. ft.) .....
Less than 700 ..........
700-799 ...............
800-899 ...............
900-999 ...............
1,000-1,199 ...........
1,200-1,599 ...........
1,600 and over .........
100
Number of baths .........
Less than one ..........
One ...................
More than one ..........
100
k
1
2h
19
10
10
23
17
20
100
11
21
2U
11
13
1U
5
100
5
83
12
100
(1/)
81
19
100
1
71
28
100
(1/)
81*
16
100
(I/O
6U
16
100
(1/0
7k
26
100
(i/O
87
13
ICO
1
83
16
100
(i/O
79
21
Basement or utility room ..
Full or partial basement.
Utility room (no basement)
No basement or utility
r o o m ...........
100
Cl/)
so
100
(J/>
57
100
(1/)
kk
100
76
5
100
76
11
100
82
13
100
91
6
ICO
85
8
100
78
15
so
k3
56
19
13
5
3
6
7
Window frames ...........
Wood ..................
Steel .................
Aluminum ..............
100
8
70
22
100
100
6
29
66
100
75
21
k
100
100
78
16
6
100
77
15
8
100
26
13
100
63
2k
13
Type of heating ..........
Central............ .
Other .................
None ..................
100
(!/)
7
92
100
(1/0
16
81*
100
0/0
26
100
99
1
7k
(l/>
100
99
(1/)
1
100
100
0
(1/)
100
100
0
(i/O
100
99
1
(i/O
100
98
2
(1/0
Builder .................
Operative builder ......
Contractor .............
Owner .................
100
85
5
9
100
73
11
100
68
15
17
100
75
100
100
82
8
9
100
82
10
8
100
79
11
10
100
See footnotes at end of table.
16
16
18
27
6
17
11
5
25
3
36
61
16
100
11
5
8
16
16
9
100
5
21
23
lk
17
15
6
100
2
8
17
17
2h
20
11
100
k
7
61
80
11
9
15
11*
30
25
5
79
lk
8
83
8
10
STRUCTURAL CHARACTERISTICS
Table 1.— Structural Characteristics and Average Construction Cost of New 1-Family Houses
Started in 15 Metropolitan Areas, Selected Quarters of 19U9-1961— Continued
Pittsburgh
19U9
I960
San Francisco
1961
191*9
1950
Seattle
1961
191*9
I960
Washington
1961
191*9
1950
3-U
2-3
1961
Item
QUARTER
3,550 6,950
Average construction cost. $9,300 $9 ,1*00
1
3-U
1
2-3
1,580 8,91*0 15 ,1*20
O
o
Number of houses started.
2-3
=€#
H*
O
3-U
3-U
2-3
5,660 2,620 1*,230
1
1
1 ,1*60 5,950 12,670
1*,11*0
$8,900 $9,1*00 $10 ,1*00 $8,100 $9,1*00 $10,500 $10,000 $11,200 $12,200
Percentage distribution
Structural
characteristics
Floor area (sq. ft.) ...
Less than 700 .... .
700-799 ............
800-899 ............
900-999 ............
1,000-1,199 .........
1,200-1,599 .........
1,600 and over ......
Number of baths .......
Less than one .......
One ................
More than one .......
100
10
100
8
9
lU
13
16
3U
16
1
100
(V)
91
9
16
11
21
100
b
12
8
100
2
6
100
1
17
3
9
20
11
37
13
bb
23
9
8
16
27
27
7
100
1
100
100
100
(1 /)
12
(1 /)
92
8
Cl/)
83
17
23
90
9
88
6
100
100
3
7
1
6
21
9
62
20
11
100
2
76
22
100
6
9
100
100
100
u
13
U
6
20
20
13
18
21
11
6
19
30
23
100
1
86
100
100
(l/>
1U
18
0/)
79
21
17
21
7
81
18
6
100
3
10
2U
6
18
13
23
31
13
27
17
6
11
100
1
100
6
18
78
21
66
29
20
17
3
100
2
80
6
1U
22
100
96
1
100
9b
1
100
93
b
100
17
12
100
19
11
100
20
13
100
UO
29
100
60
29
100
60
28
100
62
UO
100
66
31
100
71
26
room ........
3
6
3
71
7°
67
31
21
22
8
3
U
Window frames .........
W o o d ...............
Steel ..............
Aluminum...........
100
1*8
U9
3
100
29
6U
7
100
100
U5
U8
7
100
67
37
6
100
69
20
11
100
67
7
100
72
25
3
100
62
9
29
100
62
U6
2
100
61
U7
2
100
U3
61
6
Type of heating .......
Central ............
Other ..............
N o n e ...............
100
96
U
(1/)
100
99
1
100
32
68
(!/)
100
3U
66
100
UU
66
(1/)
<!/)
100
60
60
(l/>
100
71
28
(!/)
100
8U
<l/>
100
99
(i/)
(P)
100
96
U
(i/)
100
99
1
(!/)
100
98
2
(i/)
Builder ..............
Operative builder ....
Contractor ..........
Owner ..............
100
U6
lU
bo
100
66
21
22
100
61
23
100
100
72
17
11
100
78
16
7
100
67
16
28
100
U9
16
36
100
8U
6
11
100
86
6
8
100
86
7
8
Basement or utility room.
Full or partial basement
Utility room (no basement)
No basement or utility
26
16
80
12
8
1/ Less than 1 percent of all units started in the area.
Note:
60
8
32
16
<l/>
100
61
16
33
2/ Not available.
Percentage distributions may not always total 100 because of rounding.
1?
S
IRUC TTJRAL CHAHACTERISTT CS
Table 2.— Structural Characteristics and Average Construction Cost of New 1-Family Houses
Started in 7 Metropolitan Areas, January-March 1950
Character!sties
Number of 1-family houses started ..........
Average construction cost ...................
Atlanta
Dallas
Miami
2,550
*7,11*5
2,590
$8,020
5,?80
$6,970
New
York
12,1.90
$8,600
Phila
delphia
Pitts
burgh
Wash
ington ,
D. C.
5,51.0
$8,915
1,850
$9,155
3,770
$10,21:0
Percent of houses having characteristics listed
Floor area (sq. ft.) .....................
Under 700 ............................. ..
700-799 ...................................
800-899 ...................................
90 - ?9
.........................................
1,000-1,199 ...............................
1,200-1,599 ...............................
1,600 and over ............................
100
(1/)
“ 12
18
22
27
11
<!/>
ICO
19
(1/)
100
10
20
30
13
11
11
5
100
6
18
25
Ik
lb
9
23
2k
17
11
11
5
100
(1/)
7
11
9
33
100
(1/)
10
17
19
100
(1/)
“ 13
19
28
28
21
(1/)
33
16
(l/>
100
(1/)
” 91
9
100
(1/)
” 8U
15
100
100
9k
Sk
9
Number of baths ..................... ........
Less than one .............................
One ............................. ..........
More than one ......... ....................
100
6
87
7
100
(V)
91
9
100
(1/)
”88
12
100
(1/)
” 86
Basement or utility room 2 / ................
Full or partial basement .................
Utility room (no basement) ...............
No basement or utility r o o m ............. .
100
100
(1/)
(I/)
96
100
(1/)
“ 68
32
100
79
8
Window frames ...............................
Wood ......................................
Steel .....................................
Aluminum ..................................
100
85'
9
6
100
56
100
70
25
5
100
79
17
2
100
(1/)
63
36
Type of heating .............................
Central ...................................
Other .....................................
None ..................................... .
100
11
89
(1/)
100
(1/)
93
100
(1/)
~ 6
<2/>
9k
100
83
16
(1/)
Builder .....................................
Operative builder .........................
Contractor ................................
Owner .....................................
100
80
5
15
100
87
9
100
2h
8
68
h2
h
Ik
Ik
100
76
8
16
m
10
6
ICO
U/)
81
16
100
89
8
UU
(1/)
(V)
37
9
100
20
75
5
100
15
100
91
9
(1/)
100
79
20
(1/)
100
93
(1/)
(1/)
100
83
10
7
100
73
11
100
(1/)
k
k9
6
16
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
18
Percentage distributions may not always total 100 because of rounding.
Sk
6
10
STRUCTURAL CHARACTERISTICS
3 *— Structural Characteristics of New 1-Family Houses Started
Table
During Selected Quarters of 1969-1930
PART A . — PLAN:
S T O R IE S ,
A T T IC SU IT A B L E FOR F IN IS H IN G ,
ROOM COUNT
Percent of houses having characteristics listed-Area
Number of
1-family
houses
started
Finished stories
1
story
15
2
stories
stories
Attic
suitable
3 rooms
for
finishing or less
Rooms per unit
3s-8
rooms
Uj~3
rooms
5^-6
rooms
Over 6
rooms
New 1-family houses started July-December 19^9, 15 metropolitan areas
Atlanta .........
3oston ..........
Chicago .........
Cleveland .......
D a l l a s .... .
Denver ..........
Detroit .........
Los Angeles .... .
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
San Francisco ....
Seattle .........
Washington, D.C. .
3 ,6 8 0
99
77
62
79
99
98
76
99
100
83
39
32
91
96
76
k, 2k0
13,010
6 ,3 8 0
8 ,2 2 0
3 ,2 6 0
19,360
2 8 ,0 8 0
6,380
29,100
1 0 ,0 8 0
3,550
8,980
2 ,6 2 0
5,950
i±/)
6
7
6
(I/)
1
16
11
13
1
10
33
19
D6
2
k
1
1
22
2
(1 /;
(y)
1
1
(i/)
10
39
26
3
1
20
0 0
37
27
22
1
10
29
7
2
22
u
1
h
21
3
1
1
(10
3
2
(1 /)
h
2
(1/)
(1/)
2
2
6
1
27
uu
3U
15
16
20
32
22
3U
36
16
21
8
3U
18
26
23
19
23
13
37
2h
k2
33
6u
63
36
32
U3
39
30
33
U3
Ul4
Uo
6
6
k
6
k
2
2
11
10
19
3
2
3
6
3
3
3
3
16
20
U6
39
UU
13
36
New 1-farr.ily house s started January-March 1930, 7 metropolitan areas
Atlanta .........
Dallas ..........
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
Washington, D.C. .
2,550
2,590
5,260
12,890
5,580
1,850
3,770
99
99
100
66
3h
k9
70
(1 /)
(3/)
(1/)
7
13
27
7
(1/)
(10
(10
3
31
21;
23
13
(1/)
(10
66
18
16
29
2
(1 /)
a o
(!/;
(1,0
<1/0
(1,0
23
Hi
21*
33
17
16
11
33
61
37
Ui
16
W
UU
16
3
21
16
17
39
k
3
7
3
3
3k
36
New 1-family houses started April-September 1930, 6 metropolitan areas
Atlanta .........
Boston ..........
Chicago .........
Cleveland .......
Miami ...........
Sap. Francisco ....
Seattle .........
Washington, D.C. .
5 ,8 8 0
7 ,0 3 0
23,380
9,080
6,650
15,820
8,230
12,670
97
72
62
36
100
93
2
17
9
33
(2/)
3
9k
10
h
h
1
11
9
9
(2/)
1
3
26
21
36
23
13
1
1
6
12
f2/;
(2/0
(2/)
(2 /;
<i/>
(2/)
(2/)
(2/)
(2 /)
(I/)
(g/;
(2 /)
(1/0
(2/)
(2/0
(2/)
(2/)
(2,0
(2/)
(2//
(2/0
(2/)
(2/)
(2/0
(2/0
(2/)
(2/)
(2/)
(2/)
(2/J
(2/0
(2/)
(2/)
(2/)
(2/0
(2/0
(2/0
(2/)
<2/J
(2/J
See footnotes at end of table.
19
STRUCTURAL CHARACTERISTICS
Table 3•--Structural Characteristics of New 1-Family Houses Started
During Selected quarters of 19U9-195‘
J — Continued
PART B. — MATERIALS:
Area
OUTSIDE AND INTERIOR WALLS
Percent of houses having characters sties listed—
Number
Outside wall material
Interior wall
of
material
1-family Masonry construction
Frame construction with exterior <
of—
with
exterior
of—
Wall
houses
started
Plaster board
'Masonry Other
Brick Stucco Other Brick Wood Stucco Asbestos
and other
frame
shingle
New 1-family houses started July-December 19U9, 15 metropolitan areas
Atlanta .........
Boston ..........
Chicago .........
Cleveland .......
Dallas ..........
Denver ..........
Detroit .........
Los Angeles .....
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
San Francisco ....
Seattle .........
Washington, D.C. .
3,660
It,21(0
13,010
6,38o
6,22p
3,260
19,360
26,080
6,360
29,100
10,0li0
3,500
8,960
2,620
6,950
<y>
(y)
cy)
cy)
cy)
<y>
31
2
2
(l/)
(i/)
(i/)
3
2
U9
7
(I/)
3
61
10
(!/)
2
53
92
2
5
1
6
6
2;
h
'
1
h\
3 j
1
1
1
10
3
21
3
5
12
21
1
3U
(l/>
(y>
17
2
65
(l/) (1/) (i/)
k
13
(1/)
1
5
8
59
88
ao
71
73
26
U5
6
1
56
9
19
38
(y>
<y.)
cy)
(y )
(y)
i
(y)
5
1
1
1
3
33
15
90
(y)
(y)
(y>
(y>
(y)
cy)
67
63
1
19
cy)
13
5
cy)
(y)
5
13
5
cy)
2
1
(1/)
(1/)
(y)
i
3
1
2
(y)
i (y)
2
cy)
2 1
3
7 cy>
6
2
1
1
13
5
1
7
1 (y>
57
92
77
87
1
51
87
95
9U
U3
91
95
16
35
h3
6k
36
8
23
13
98
h9
13
5
6
57
8
5
8U
65
New 1-family houses started January-March 1950, 7 metropolitan areas
Atlanta .........
Dallas ..........
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
Washington, D.C. .
2,550
2,590
3,260
12, ii90
13
< !/)
(i/>
5
50
7
56
5,5 U o
1,850
3,770
(i/) (i/)
(3/>
96
(1 /)
(y>
cy)
(yi
(y )
y)
(y)
13
36
(1 /)
(y)
18
9
7U
8
(i/0
6
65
59
cy)
(yj
cy)
cy;
(i/)
cy)
b6
lh
15
11
(i/)
<y>
(y)
cy>
(y,)
(y)
(y)
ty)
26
8
6
6
(y)
(y>
cy)
19
cy)
cy)
(y)
cy)
5
cy)
cy)
55
100
99
U3
91
95
56
kb
(y)
i
57
9
5
UU
New 1-family houses started1 April -September 1950,, 6 metropolitanL areas
Atlanta .........
Boston ..........
Chicago .........
Cleveland .......
Miami ...........
San Francisco ....
Seattle .........
Washingto n , D.C. .
5 , UUo
7,030
23,360
9,060
6,660
16,620
6,230
12,670
See footnotes at end of table.
20
6
1
51
1C
(1/,
<y>
i
(yi
(y)
(i/)
Cl/J
3
6!i
89
2
cy;
6
1
2
h
8
(1/)
1
3
27
2
11
10
(i/>
cy)
ii
9
50
90
30
71
2
36
65
12
y)
cy)
cy>
cy;
cy)
cy)
cy)
cy)
(i/)
69
y)
(y)
<y>
(y>
(y')
(y )
3
3
ii
2
1
(V )
12
1
8
(y)
2
2
cy)
5
5
10
57
93
75
93
95
lh
39
67
12
7
23
7
5
65
60
33
STRUCTURAL CHARACTERISTTCS
Table 3.— Structural Characteristics of New 1-Family Houses Started
During Selected Quarters of 19U9-1950— Continued
PART C.— HEATING PLANT
Area
Percentage distribution of houses by type of heating facility
Number of
1-family
houses
started
All
houses
Other types
Central heating
Hot
water
Hot
air
Steam
Radiant
None
Space
Floor or
wall furnace heater
New 1-family houses started July-December 19h9> 15 metropolitan areas
Atlanta .........
Boston ..........
Chicago .........
Cleveland .......
Dallas ..........
Denver ..........
Detroit .........
Los Angeles .....
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
San Francisco ....
Seattle .........
Washington, D.C. .
3,680
U,2l*0
13,010
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
5 ,3 8 0
i*,220
3,260
19,380
28,080
5,380
29,100
io,oUo
3 ,5 5 0
8,91*0
2 ,6 2 0
5 ,9 5 0
(1 /)
31*
10
5
(i/)
(1 /)
1
(1 /)
(V)
1*0
15
8
(!/>
6
1*
lU
Uo
llx
85
7
72
89
3
(!/)
2ii
81
82
30
37
90
1
17
7
8
1
6
3
3
(!/>
(X/)
9
1
(1/)
(1/)
(1/)
(i/)
1
(i/>
18
58
17
2
(1 /)
6
1
7
2
W )
(i/)
(i/)
(1/)
1
2U
Cl/)
3
1
59
1
3
li
7
(1/)
3
(!/>
30
21
1
87
(1/)
(1/)
i/)
(1/
66
1|2
(1 /)
1
1
(1 /)
1
93
<i/)
(i/0
(i/)
h
2
7
U
(3 /)
1/
(I/)
(i/)
New 1-family houses started January-March 1950, 7 metropolitan areas
Atlanta .........
Dallas ..........
M i a m i ......... ..
New York ........
Philadelphia ....
Pittsburgh . .....
Washington, D.C. .
100
100
100
100
100
100
100
2 ,5 5 0
2 ,5 9 0
5,260
12,1*90
5,51*0
1,850
3,770
Area
Number of
1-family
houses
started
(1/)
11
(]/)
36
12
(l/)
6
(!/)
(i/)
31
79
79
87
(1 /)
(% /)
(i/)
7
70
12
(!/)
(!/)
1*5
1 *8
16
16
(1 /)
(1 /)
(1 /)
i/
<i/)
6
(V)
9
20
0/>
W )
(1/)
Cl/)
(1/)
(1/)
91*
W )
ci/)
i/
(1/)
(i/)
Percentage distribution of houses by type of heating facility
Central heating
All
houses
Hot
water
Hot
air
Steam
Other
types
None
New 1-family houses started April-September 1950, 8 metropolitan areas
A t l a n t a .............. .
B o s t o n ......... .......
Chicago ...............
Cleveland .............
Miami ..................
San Francisco .........
Seattle ...............
Washington, D.C........
5
,1*1 * 0
7 ,0 3 0
,3 1 * 0
9,0l*0
23
6 ,6 5 0
15,1*20
1*,230
12,670
100
100
100
100
100
100
100
100
1
53
13
8
(!/)
3
9
7
22
hi
(1 /)
6
(1 /)
82
0/)
(i/)
(1 /)
W )
1/)
(l/>
1
65
28
1
91
(i/)
32
61
91
71 *
3
16
3
(i/)
(1 /)
(i/>
81*
(1/)
1
(i/>
See footnotes at end of table.
21
STRUCTURAL CHAR AC TERIS TICS
Table 3.— Structural Characteristics of New 1-Family Houses Started
During Selected Quarters of 191*9-1950— Continued
PART D.— TYPE OF STRUCTURE, GARAGE, PORCH, FIREPLACE, SEWAGE DISPOSAL AND WATER SUPPLY SYSTEMS 3/
Number
of
1-family
houses
started
Area
Percent of houses having characteristics listed—
Type of
structure
De
tached
Semi
detached
Garage
Fireplace
Porch
Row
Water supply
system
Sewage disposal
system
Indi
Com
munity vidual
Com
munity
Indi
vidual
New 1-family houses started July-December 1 9 h 9 , 15 metropolitan areas
Atlanta ..........
Boston ...........
Chicago ..........
Cleveland ..... .
Dallas ...........
Denver ...........
Detroit ..........
Los Angeles ......
Miami ............
New York .........
Philadelphia .....
Pittsburgh .......
San Francisco ....
Seattle ......... .
Washington, D.C. ..
3 ,6 8 0
l*,2l*0
13,010
5,380
l*,220
3 ,2 6 0
19,380
28,080
5,380
29,100
10,01*0
3,500
8,91*0
2,620
5,950
91
100
97
100
100
98
100
100
100
98
51
98
96
100
9k
3
(1 /)
1
(1 /)
(i/>
a/)
(i/)
(1 /)
(1 /)
1
6
2
(1/)
(1/)
6
31
kl
25
kk
55
55
10
91
9x
l*o
(1 /)
(1 /)
1
(i/>
(1 /)
1
<!/)
(V)
(1/)
1
1*3
(1/)
1*
(1/)
<!/)
61
82
96
66
12
57
3k
15
25
33
5U
19
33
11
13
26
27
30
36
68
23
12
22
32
kk
31
55
51
83
86
95
91
86
77
5
50
Ik
87
97
1*9
81*
16
23
3
29
18
71
68
55
kl
kk
1*9
17
13
5
9
13
23
95
50
26
13
3
51
16
12
2
15
7
1
2
8
87
98
85
92
99
98
91
100
88
91*
92
87
99
95
91
(1/)
12
6
8
13
1
5
9
90
98
85
93
93
92
93
10
2
15
7
7
8
7
New 1-family houses started January-March 1950, 7 metropolitan areas
Atlanta ..........
Dallas ...........
M i a m i ........ .
New Y o r k .........
Philadelphia .....
Pittsburgh .......
Washington, D.C. ..
100
100
100
96
61
100
88
2,550
2,590
5,260
12,1*90
5,51*0
1,850
3,770
(1/)
(1/)
0/)
(l/>
5
(1/)
(1/)
<50
(1/)
3U
(i/>
12
W )
(1 /)
19
81*
1*6
1*6
60
80
7
3k
11
58
29
62
20
15
10
12
66
92
3
1*6
73
82
90
(1/)
27
26
1*5
kk
31*
8
97
51*
27
18
10
1 / Less than 1 percent of all houses started in the area. 2/ For new 1-family houses started during AprilSeptember 1950, room-count data were tabulated as follows:
Area
A t l a n t a .... ........
Boston .............
Chicago ............
Cleveland ..........
Miami ...............
San Francisco ......
S e a t t l e ..... .......
Washington, D. C. ...
*
Less than 1 percent.
Less than
1* rooms
l*-i*J
rooms
5-5*
rooms
6-6J
rooms
2
1
1
(*)
(*)
2
1*
1
*
18
31*
1*5
38
30
18
30
10
51
31*
31
39
1*5
56
39
38
22
23
18
19
20
20
22
1*7
7 or b
roou
7
7
1*
1*
1*
3
5
1*
3/ Data shown in PART D are not available for the April-September 1950 period, except for garages and fire
places. These characteristics appeared as follows in the 8 areas:
Area
Atlanta .....
Boston ...... ...
Chicago .....
Cleveland .... ...
Percent having—
Garage Fireplace
56
1*3
29
73
20
35
Area
Miami ..........
San Francisco ...
Seattle ........
Washington, D.C..
Percent having—
Garage Fireplace
1*9
95
76
13
5
76
73
51
Note: Percentage distributions may not always total 100 because of rounding and because of the exclusion
of a few units for which data were unknown.
22
STRUCTURAL CHARACTERISTICS
Table 1*.— Structural Characteristics of Units in New 5-or-more Family Structures
Started During Selected Quarters of 191*9-1950
PART A.— ROOM (DUNT, BATHROOMS, ELEVATOR SERVICE
Area
Number
of units
started
Less
than
Percent of units having characteristics lasted
Number of rooms per unit
Bathrooms
More
One
Over 5 complete
than
l i to 2 2 $ to 3 3i to l* l*i to 5
bath
one
Units
having
elevator
service
3*
Units in 5-or-more family structures started July-December 19l*9, 15 metropolitan areas
Atlanta .........
Boston ..........
Chicago .........
Cleveland .......
Dallas ..........
Denver ..........
Detroit .........
Los Angeles .....
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
San Francisco ....
Seattle .........
Washington, D.C. •
1,390
230
i,5U o
2,060
5oo
170
620
5,1*90
2,000
18,600
3 ,0 6 0
1,950
810
1*60
16,370
(1/)
(i/)
(i/)
(i/)
(1/)
(i/)
(!/)
(i/)
27
65
(i/)
13
<!/)
9
1/)
(!/)
(i/)
(l/>
11
15
17
(1/)
(1/)
11
(i/)
3
13
(i/)
(1/)
(!/)
25
75
28
31
9
69
(!/)
32
29
21
22
1*3
1*9
26
33
3
25
3U
Ul
39
19
18
35
23
38
1*8
12
28
1*9
38
5
<!/)
22
2h
1*3
(I/)
82
17
(!/)
23
26
1*5
12
23
13
(1 /)
(y)
3
i*
(y)
(y)
a/)
i/
i/}
(y)
<y>
(i/)
(1 /)
(V)
(y>
95
100
87
90
99
97
95
95
98
97
100
97
99
100
100
5
(i/)
13
10
1
3
5
5
2
3
(1/)
3
1
W)
(1/)
hh
58
67
13
V)
3/)
(i/)
68
27
20
22
78
38
Units in 5-or-more family structures started January-March 1950, 7 metropolitan areas
Atlanta .........
Dallas ..........
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
Washington, D.C. .
5Uo
270
860
26
<i/)
8
8,71*0
(1/)
920
1,310
i/)
1/
(i/)
838
31
5
10
16
<i/>
51
(1/)
21
3
62
20
(V)
21
27
12
50
20
1*7
53
12
1*6
10
1*2
0/)
17
114
16
27
(y)
(y)
(y>
(y)
33
(y)
(y)
100
100
100
99
100
100
100
(y)
(y)
(y>
1
(y>
cy>
(y>
37
36
(x/)
62
92
69
21
PART B.— FLOOR SPACE
Percentage distribution of units by square feet of floor space
Area
Number
of units
started
Less
than
1*00
1*001*99
500
-
599
600
-
699
700799
800
-
899
900999
1,000
and
over
Average
floor area
per unit
(sq. ft.)
Units in 5-or-more family structures started July-December 19^9, 15 metropolitan areas
Atlanta .........
Boston ..........
C h i c a g o ..... .
C l e v e l a n d ..... ..
Dallas ....... .
D e n v e r ..... .
Detroit .........
Los Angeles ••••..
M i a m i ...........
New York ........
Philadelphia ....
Pittsburgh ......
San Francisco ....
Seattle ..........
Washington, D.C. •
1 ,3 9 0
29
230
1,5U0
(y >
u
2 ,0 6 0
(y>
(y>
y)
500
170
620
5,1*90
2,000
18,600
W )
(y
id*
3 ,0 6 0
(!/)
1,950
810
9
1*60
(y>
(y)
16,370
10
1*5
(1/)
13
30
0/)
33
0/)
10
23
9
(i/)
13
8
11
15
6
(1/)
9
37
(i/)
(1/)
12
11
15
11*
25
9
38
23
0/)
63
21
16
2li
32
13
25
11
25
13
18
33
22
32
7
9
22
2
1*1
(!/)
(1/)
11
22
(!/)
(!/)
8
(1/)
17
55
28
23
22
12
(!/)
(y)
11
7
27
20
3
1
1*
1
1
12
(y )
(y)
(1/)
7
22
7
3
26
6
<y>
(y>
(y)
(y>
1*
5
(1/)
3
13
(V)
(1/)
1*2
13
(!/)
6
16
5
(1/)
(i/)
(!/)
1*90
720
730
630
720
650
860
690
1*1*0
670
830
650
710
630
590
Units in 5-or-more family structures started January-March 1950, 7 metropolitan areas
Atlanta .........
Dallas ..........
Miami ...........
New York ........
Philadelphia ....
Pittsburgh ......
Washington, D.C. .
51*0
270
860
8,71*0
838
920
1,310
20
5
26
5
1
(i/)
20
26
3
30
11
(1/)
51
20
11
36
31*
15
52
23
18
16
7
10
27
11*
1*
27
9
u*
(!/)
21
26
3
10
18
(i/)
(!/)
10
(1/)
2
3
(i/)
18
(y)
(1/)
8
(y>
(1/)
17
2
17
560
680
1*30
3
660
7
630
550
560
(y>
(y)
See footnotes at end of table.
225836 0 - 52 -4
23
STRUCTURAL CHARACTERISTICS
Table U . — Structural Characteristics of Units in New 5-or-more Family Structures
Started During Selected Quarters of 19U9-1950— Continued
PART C.— MATERIALS:
Area
OUTSIDE AND INTERIOR WALLS,AND WINDOW FRAMES
Percent of units having characteristics listed
Number
Outside wall material
Interior t>all
Window frame
of units Masonry construction Frame construction
material
material
started
with exterior of—
with exterior of—
Plaster Wall board Steel Wood Aluminum
and other
Brick Stucco Other Brick Stucco Other
Units in 5-or-more family structures started July-December 19U9, 15 metropolitan areas
Atlanta ..........
Boston ...........
Chicago ..........
Cleveland ........
Dallas ...........
Denver ...........
Detroit ..........
Los Angeles ......
Miami ............
New York .........
Philadelphia .....
Pittsburgh .......
San Francisco ....
Seattle ..........
Washington, D.C. ..
1,390
230
l,5Uo
2,060
500
170
620
5,U90
2,000
18,600
3,060
1,950
810
U60
16,370
6
100
92
100
(i/)
2/70
10
V) W ) (V)
6
(V) (V)
V) (V) (V)
9U
V) Cl/)
v>
(V)
w ?
93
V) v >
(V) V) (V)
100 (i/) (V)
(V) Cl/) 10
2i*
V) (V)
(V) Cl/) 16
li*
13 (V)
(V> 3/32 (V)
(!/> TV) (V)
(V)
92
(V>
V)
(!/)
89
65
8U
(1/)
1*6
100
(V)
(V)
(V)
(V)
(V)
V)
(V)
88
100
100
100
6
82
100
99
100
98
89
97
79
100
90
11*
(V)
(V)
(V)
(V)
V)
V)
96 (V)
(V) (V)
(V) (V)
11
(V)
(V) (V)
57
16
18
(V)
(V) (V)
12
(l/)
U/)
(i/)
9h
18
(i/)
1
(!/)
2
11
3
21
(!/)
10
87
99
75
61
7U
9h
77
U6
20
58
10
83
32
50
89
(i/)
(1/)
17
33
26
(!/)
23
U7
13
3U
27
5
57
(!/)
5
12
(l/)
8
6
(1/)
(i/)
(1/)
7
67
8
63
12
11
50
6
Units in 5-or-more family structures started January-March 1950, 7 metropolitan areas
Atlanta ..........
Dallas ...........
Miami ............
New York .........
Philadelphia.....
Pittsburgh .......
Washington, D.C. .»
5Uo
270
860
8,7U0
838
920
1,310
hO
36
3
9h
92
100
97
(i/>
U/20
(V) TV)
1*0
56
(V)
W )
5
(V)
7
Cl/) (V)
(V (V) (V)
3 (V)
Cl/)
97
(i/)
(V) (V)
8
(V)
(V)
w x
1
(V)
1
(V)
V) (V)
(V) (V)
80
hO
100
91
100
100
77
U/20
63
(V)
60
60
35
13
Ul
(V)
9
(V)
(V)
23
58
56
92
88
7h
37
5
29
3
7
8
3
l
u
23
PART D.— HEATING SYSTEMS
Area
Number
of units
started
Percentage distribution of units by type of heating facility
Central heating
Other types
Space
Floor or
Hot water
Hot air
Steam
Radiant
wall furnace
heater
Units in 5-or-more family structures started July-December
Atlanta ..........
Boston ...........
Chicago ..... .
Cleveland ........
Dallas ......... .
Denver ...........
Detroit ..........
Los Angeles ......
Miami ............
New York .........
Philadelphia .....
Pittsburgh .......
San Francisco ....
Seattle ........ .
Washington, D.C. ..
1 ,39 0
230
l,5Uo
2,060
5oo
170
620
5,U90
2 /2 ,0 00
1 8,600
3 , 06o
1,95 0
810
U60
1 6,370
(1/)
17
65
67
(1/)
71
11
(1 / )
2
39
36
71
(!/)
16
25
9
26
28
(!/>
82
15
<!/)
(!/>
37
20
10
68
(!/)
77
3
5/1*9
(V)
58
2U
6
(V)
(V)
V)
(V)
(V)
61
9
7
3U
32
7
TV)
(V)
(V)
(V)
(I /)
■
(V)
6
(V)
(V)
10
(V)
(V)
(V)
13
None
19h9> 15 metropolitan areas
12
23
(V)
(V)
(V)
(V)
iu
(V.)
(V)
77
(V)
(V)
(V)
(V)
5U
(V)
(V)
(V)
(V)
(V)
26
(V)
V)
CV)
2U
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
7U
(V)
(V)
(V)
(V)
w x
(V)
Units in 5-or-more family structures started January-March 1950, 7 metropolitan areas
Atlanta ..........
Dallas ...........
Miami ............
New York .........
Philadelphia .....
Pittsburgh .......
Washington, D.C. ••
5Uo
270
860
8,7UO
838
920
1,310
(V)
(V)
(V)
25
92
28
91
80
(!/)
(!/)
(1/)
7
62
9
(V)
36
(V)
75
1
(V)
(V)
W )
(V)
W )
WX
<V)
(V)
(V)
10
1*2
(V)
(V)
(V)
(V)
20
22
9
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
(V)
91
< V L _
1/ Less than 1 percent of all units in 5-or-more family structures started in the area. 2/ Concrete, block
or panel. 3/ Most of these units were in one large project utilizing poured concrete for exterior walls.
h / These units were of masonry construction: Cement block with painted outer and inner walls. 5/ Most of
these units were in one large project.
2h
SALES H O U S I N G
Table 5 •— New 1-Family Houses Purchased* Purchase Prices, Financing Characteristics, and Homebuyers* Income l/
PART A.— NUMBER OF HOUSES, MEDIAN PURCHASE PRICE, AND PRICE CLASSES
New 1-family houses purchased in—
Sales prices
Per
10
iod areas
com
1/
bined
Atlanta Boston
191*9 61*,210
1950 68,880
1951 1*5,61*0
1 ,7 5 0
*9,700
10,200
1951 10,300
$8,200
9 ,1 * 0 0
9,300
191*9 9 , 5 0 0
1950 10,100
1951 1 0 , 6 0 0
8,200
9,200
9,300
9,700
11,500
191*9 9,100
1950 9 , 5 0 0
1951 10,000
8,200
9,000
8,900
191*9 1 1 , 5 0 0
1950 11,900
1951 1 2 , 6 0 0
7 ,5 0 0
10,200
13,800
191*9 60,135
1,710
50
29
21
73
18
10
Number purchased .•••••
Percent priced at—
Under $9,500 ......
$9,500-12,1*99 .....
$12,500 and over •••
1950 61,1*20
970
UO
37
23
56
29
15
Number purchased ...••••
Percent priced at—
Under $9,500 .......
* 9 ,5 0 0 -1 2 ,1 * 9 9 ..... .
$12,500 and over ••••
1951 1*1,100
Total number of houses )
purchased (mortgaged
)
and unmortgaged) £/ ....)
1,200
815
1,290
2,200
1,H*0
Chicago
Dallas Detroit
5,700
5,780
1*,320
2,800
2,1*30
Los
Angeles
New
York
16,31*0
17,570
12,090
Pitts
burgh
San
Fran
cisco
U,i*80
3,71*5
3,300
Wash
ington,
D. C.
3,780
3,725
1,71*0
1 ,6 0 0
11,225
8,270
7,215
15,11*0
22,730
13,01*0
$12,200
13,900
U*,ioo
$7,200
8,300
9,000
$9,100
9,500
10,100
$8,700 H O , 3 0 0 #11,200 #10,700 $12,300
12,100
9,300 10,800 11,700 1 0 , 3 0 0
10,900 11,800
10,100 11,800 1 1 , 6 0 0
1 1 ,8 0 0
12,200
13,700
13,900
7,200
8,200
8,900
9,000
9,500
9,900
9 ,1 * 0 0
10,900
11,000
11,300
11,900
11,200
7,100
8,700
9,200
9,300
10,900
13,900
1 1 *,5 0 0
13,100
13,900
H*,500
1,705
1,230
380
PURCHASE PRICE (MEDIAN):
All houses ............
191*9
1950
$9 , 8
00
1 1 ,5 0 0
1 2 ,8 0 0
10,200
11,300
11,700
11,000
11,100
11,1*00
10,1*00
10,200
9,500
10,1*00
11,100
1 0 ,5 0 0
9,900
9,800
10,200
1 0 ,6 0 0
9,000
9,800
9,800
io,5co
12,000
12,000
9,100
11,500
11,200
11,800
11,100
12,1*00
11,500
12,100
12,200
11,300
11,500
11*,6 0 0
15,1*00
15,000
5,380
2,700
10,530
ll*,120
15,310
1,555
1*,095
3,520
16
39
1*5
71*
11
15
62
29
10
71*
H*
12
1*0
37
23
26
50
21*
38
31*
1*,795
2,11*5
6,815
21,51*0
15,730
835
3,260
3,380
6
51*
1*0
10
30
66
10
21*
51
39
10
57
33
32
1*0
29
19
1*7
31*
32
10*
21*
7
50
1*3
725
900
1*,080
1,1*95
6,590
12,075
335
2,560
1,680
28
1*2
30
51*
22
21*
6
1*7
1*7
12
23
65
62
12
26
1*2
1*3
15
33
50
17
21
1*0
39
21
1*8
31
23
51
7
51
1*2
191*9 32,905
1,165
715
1,735
1,51*0
5,61*0
8,170
8,620
905
2,190
2,225
59
28
13
77
17
6
55
35
10
15
1*8
37
82
10
8
69
25
6
81
13
6
50
35
15
29
52
19
1*3
39
13
22
1*8
30
Number purchased ....
Percent priced at —
Under $9,500 .....
*9,500-12,1*99 ....
$12,500 and over ••
1950 38,11*0
685
1,030
1,350
870
5,255
11*,1*00
1*05
2,110
2,375
5c
62
39
11
33
5
10
68
22
12
1*9
39
92
5
3
62
37
1
69
29
2
32
1*7
21
25
55
20
39
1*7
11*
9
61*
27
Number purchased •••••
Percent priced at—
Under $9,500 .....
*9,500-12,1*99 ....
$12,500 and over ••
1951 23,390
1*35
510
900
525
i*,290
7,865
6,110
155
1,1*95
1,105
37
1*9
11*
72
21*
1*
8
66
90
7
3
58
1*1
1
37
28
Ui
26
26
37
37
3
31
65
15
29
56
15
10
70
20
191*9 26,585
51*0
500
3,570
1,075
1*,830
5,950
6 ,3 2 5
61*0
1,880
1,275
32
29
39
57
20
23
35
33
32
16
26
58
51
13
36
1*1
37
22
57
15
21
39
19
1*7
31*
28
21*
1*8
3
22
75
Number purchased ....
Percent priced at—
Under $9,500 .....
*9,500-12,1*99 ....
$12,500 and over ..
1950 23,280
285
920
3,1*1*5
1,275
1,560
7,11*0
6 ,0 7 0
1*30
1,150
1,005
3U
20
36
2
39
59
9
23
68
1*9
13
38
13
1*7
1*0
35
1*0
25
30
32
1*2
29
1*1
13
1*0
1*7
18
30
1*2
1*
15
81
Number purchased •••••
Percent priced at—
Under $9,500 ......
*9,500-12,1*99 ....
$1 2 , 5 0 0 and over ..
1951 17,710
290
390
3,180
970
i*,210
1*,550
180
1,065
575
17
32
51
27
20
53
3
22
75
8
19
73
1*6
15
39
26
33
1*1
13
38
1*9
22
33
1*5
li*
1*5
2
15
83
Mortgaged houses ......
VA-Financed houses 3/ ••
FHA and Conventionally
financed houses h / ....
7 ,8 0 0
8,200
8,300
9 ,6 0 0
8 ,6 0 0
9,300
10,000
8 ,5 0 0
10,900
10,900
1 1 ,6 0 0
1 0 ,6 0 0
12,100
11,900
11,800
11,000
11,100
PURCHASE-PRICE CUSSES*
All mortgaged houses. 2/
Number purchased .....
Percent priced at—
Under $9,500 ......
*9,500-12,U99 .....
$12,500 and over •••
VA-Financed houses 3/
Number purchased ....
Percent priced at—
Under $9,500 .....
* 9 ,5 0 0 -1 2 ,1 * 9 9 ....
$12,500 and over ••
FHA and Conventionally
Financed houses k /
Number purchased •••••
Percent priced at—
Under $9,500 .... •
*9,500-12,1*99 ....
$12,500 and over ••
26
1 ,2 1 5
1*7
33
20
1 ,9 5 0
60
2 ,3 0 0
12
1*7
U1
10
60
28
1 0 ,6 6 0
9 ,6 6 0
l*o
20
15
39
1*6
28
26
ia
See footnotes at end of table,
“
25
-
SALKS HOUSING
Table 5«— ’New 1-Family Houses Purchased:
Purchase Prices, Financing Characteristics, and Homebuyers* Income 1/
PART B— TYPE OF MORTGAGE AND PERCENT OF INITIAL EQUITY
New 1-Family Houses Purchased in—
Financing
charac teris tics
TYPE OF FINANCING:
Number of houses
purchased 2/.............
Per
iod
i/
l?ii9
Percent bought with—
VA-Guaranteed mortgage 3/.
FHA-Insured mortgage li/7..
Conventional mortgage....
No mortgage (100$ equity).
Number of houses
purchased 2/.............
19S0
Percent bought with—
VA-Guaranteed mortgage 3/*
FHA-Insured mortgage ii/7..
Conventional mortgageT....
No mortgage (100$ equity).
Number of houses
purchased 2/.............
1951
Percent bought with—
VA-Guaranteed mortgage 3/.
FHA-Insured mortgage h/7..
Conventional mortgageT....
No mortgage (100$ equity).
INITIAL EQUITY AS PERCENT
OF PURCHASE PRICE:
Number of mortgaged houses. 191*9
Percent bought with
initial equity of—
Less than 6 percent......
6-15 percent......
16-25 percent......
26-35 percent.......
36-99 percent......
Number of mortgaged houses. 1950
Percent bought with
initial equity of—
Less than 6 percent......
6-15 percent......
16-25 percent......
26-35 percent......
36-99 percent......
Number of mortgaged houses. 1951
Percent bought with
initial equity of—
Less than 6 percent......
6-15 percent......
16-25 percent......
26-35 percent......
36-99 percent......
See footnotes at end of table.
http://fraser.stlouisfed.org/ 26
Federal Reserve Bank of St. Louis
10
areas
com
bined
Atlanta
Boston Chicago
Dallas Detroit
Los
Angeles
New
York
Pitts
burgh
San
Fran
cisco
Wash
ington
D. C.
li,li8 0
3,780
61t,210
1,750
1,290
5,700
2,800
11,225
15,H iO
16,31iO
1,705
53
22
19
6
67
8
23
2
55
11
28
6
31
25
38
6
35
2ii
15
U
51
10
6
51i
11
28
7
55
27
12
6
53
19
19
9
ii9
27
15
9
58
23
11
7
68,880
1,200
2,200
5,780
2,!i30
8,270
22,730
17,570
1,230
3,7ii5
3,725
59
19
18
h
66
11
18
6
li9
10
33
8
26
31
35
8
liO
30
28
1
72
10
11
7
65
18
Hi
2
58
23
lii
5
li6
2li
2U
7
61
23
10
5
68
8
21
3
U5,6Uo
815
l,lli0
U,320
1,600
7,215
,0 li0
12,090
380
3,300
l,7li0
55
20
22
3
59
8
32
1
51
li
35
10
21
38
36
5
3U
30
32
h
63
2li
10
3
63
10
2ii
3
56
23
20
2
111
27
23
10
53
22
17
9
66
11
2li
(5/)
60,135
1,710
1,215
5,380
2,700
10,530
Hi, 120
15,310
1,555
1i,095
3,520
Ui
18
Hi
11
Hi
65
17
5
7
6
32
20
13
9
26
Hi
17
21
22
26
55
22
6
6
n
51
17
15
5
12
58
Hi
11
5
12
39
19
15
Hi
13
27
18
18
19
18
38
2li
11
10
17
32
20
20
16
12
6l,2i20
970
1,950
U,795
2,lli5
6,815
21,5ilO
15,730
835
3,260
3,380
li9
17
11
11
13
58
18
8
6
10
18
22
Hi
17
29
3
19
22
20
36
39
22
13
Hi
12
62
10
10
7
11
6h
10
8
9
9
lil
27
11
10
11
25
31
18
15
11
53
13
12
10
12
li6
16
10
15
13
111,100
725
900
ii,080
l,li95
6,590
12,075
10,660
335
2,560
1,680
hO
ii8
13
12
9
17
2ii
21
16
18
21
3
15
19
22
111
27
23
19
18
13
ii3
18
Hi
6
19
61
8
8
7
15
31
Hi
20
18
17
23
22
Hi
Hi
28
38
19
16
7
19
li5
19
11
12
13
111
15
12
19
3h
13
SALES HOUSING
Table 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 inPer
iod
Income
characteristics
if
MEDIAN INCOME
)
OF HOMEBUYERS.......... )
)
Number of buyers
who reported incomes •.•••
$ 3 ,5 0 0
1951
$1*,000
l*,5oo
U,6oo
191*9
62,700
191*9
1950
INCOME GROUPS:
Percent of buyers
with incomes of —
Under $ 3 , 0 0 0 ...........................
$ 3 ,0 0 0 - ! t,9 9 9
AVERAGE PURCHASE PRICE:
All buyers 6 / .................................
Buyers with incomes of—
Under $ 3 , 0 0 0 ..............................
$ 3 , 0 0 0 - U , 9 9 9 ..............................
$ 5 , 0 0 0 and over .......
7 /
............
Number of buyers
who reported incomes ....
1950
INCOME GROUPS:
Percent of buyers
with incomes of—
Under $ 3 , 0 0 0 ..............................
$ 3 , 0 0 0 - h , 9 9 9 ..............................
$ 5 , 0 0 0 and over .......
AVERAGE PURCHASE PRICE:
All buyers 6 / .................................
Buyers with”incomes of—
Under $3,000 ...........
$ 3 , 0 0 0 - 1 * , 999 ...........
$ 5 , 0 0 0 and over ........
PRICE-INCOME RATIO
Number of buyers
who reported incomes ....
INCOME GROUPS:
Percent of buyers
with incomes of—
Under $ 3 , 0 0 0 .............................
$!*,0 0 0 - 1 * , 999 ..........
$ 5 , 0 0 0 and over .......
AVERAGE PURCHASE PRICE:
All buyers 6 / ...........
Buyers with incomes of—
Under $ 3 , 0 0 0 ................................. ..
$ 3 , 0 0 0 - 1 * , 999 ............
$5,000 and over .........
PRICE-INCOME RATIO
7 /
.............
$!*,500
1*,900
1*,900
1 ,7 1 *0
1 ,2 9 5
5 ,6 5 0
$ 3 ,7 0 0
$ 3 ,8 0 0
$ 3 ,3 0 0
1*,!*00
1*,!*00
i*,300
1*,800
2 ,7 7 0
n
,0 5 5
Los
Angeles
$ 3 ,7 0 0
1*,300
l*,300
ll*,960
Pitts
burg
$ U,3 0 0
$ 3 ,9 0 0
San
Fran
cisco
Wash
ington
D. C.
$ 1 * ,3 0 0
$a ,3 oo
U,600
5,100
1 *,3 0 0
1*,000
1*,000
a ,700
a , 300
15,610
1 ,5 5 5
a ,325
3 ,7 ao
1 *,6 0 0
21
58
62
53
19
32
21
31
1*3
$ 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 0
7 ,8 7 0
9 ,0 1 *0
8 ,7 0 5
8 ,9 1 *5
1 3 ,1 *7 5
9 ,9 2 5
1 5 ,6 1 0
1 0 ,7 5 5
1 0 ,3 8 0
1 5 ,1 *1 0
9 ,2 5 5
1 2 ,5 1 0
2 .7
2 .2
2 .1 *
2 .1 *
5 ,0 8 5
2 ,1 9 0
7 ,1 2 5
2 1 ,7 8 0
2
26
12
19
50
19
31*
69
18
62
21*
$ 1 0 ,9 3 0
$ 8 ,6 1 * 5
$ 1 1 ,1 0 0
$ 1 3 ,1 6 0
$ 9 ,3 0 0
8 ,6 7 5
9 ,7 5 0
1 1 * ,7 6 0
6 ,5 0 0
9 ,5 7 0
1 1 ,7 9 5
8 ,1 *5 0
1 0 ,0 9 5
6 ,3 2 5
7 ,8 3 0
1 2 ,0 0 0
1 5 ,2 7 5
1 1 ,1 *9 5
1 6 ,6 1 6
2 .5
2 .3
2 .7
6 2 ,7 1 *5
1 ,0 1 5
2 ,1 1 0
23
New
York
11
57
l*
62
22
7
5
9 ,s a o
1 3 ,3 ao
li* ,0 6 0
1 0 ,7 2 5
1 5 ,1 9 0
1 1 ,5 8 5
H*,9 8 0
2 .1 *
2 .8
2 .6
2 .6
1 5 ,7 3 0
850
3 ,3 6 5
3 ,a95
8
15
7
6
a
a
52
11*
1 *8
10
51*
1*
1*8
10
56
61
61
5 1*
61*
1*2
36
31
1 *8
1*7
38
29
28
39
31
57
ao
$ 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 1 ,6 3 0
$ 1 3 ,a95
8 ,8 5 5
9 ,9 6 0
7 ,2 6 5
1 0 ,7 7 5
1 1 ,1 *0 0
1 5 ,8 7 5
1 2 ,3 9 0
6 ,1 * 1 * 0
8 ,5 0 0
8 ,7 8 5
8 ,5 8 0
9 ,7 0 0
9,300
1 5 ,7 9 5
1 5 ,7 0 5
1 5 ,1 *7 5
1 2 ,8 2 5
2 .3
1951
l*,000
1*,900
1»,700
3 ,9 0 0
Detroit
55
H i, 3 3 5
7 / .............
Chicago Dallas
31
50
13
61
26
...........................
$5,000 and o v e r ..... .
PRICE-INCOME RATIO
10
areas
Atlanta Boston
com
bined
Ll,580
1 0 ,1 0 5
1 5 ,1 7 0
2.2
2 .6
2.6
2.2
730
1 ,0 0 0
l*,290
1 ,5 1 *5
2.2
6 ,7 1 0
$ 1 0 ,0 5 0
1 2 ,2 3 5
2.2
1 2 ,1 *9 0
$ 1 2 ,1 3 5
$12,1*10
53
8 ,3 9 5
9 ,9 1 0
8 ,8 9 5
1 0 ,8 8 5
1 0 ,5 8 0
1 0 ,1 *2 5
1 6 ,1 8 0
ll* ,9 0 5
1 2 ,8 1 0
1 5 ,3 1 5
2 .5
2 .3
2 .a
360
2 ,7 1 0
1 ,6 7 0
9
2.2
1 0 ,0 7 5
9 ,2 0 0
1 1 ,1 9 0
a
6
16
5
6
8
55
1*3
51*
1*6
39
ia
ia
1 *8
1*6
1*6
$ 1 0 ,3 6 5
$ H *,0 9 5
$11*, 5 9 0
$ 1 1 ,1 * 0 5
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
11,710
8 ,7 1 *5
l l * ,7 0 0
9 ,9 2 5
10,120
1 0 ,7 8 5
1 1 ,3 1 *5
10,670
1 1 ,3 3 0
1 5 ,1 7 0
1 2 ,0 6 5
1 7 ,3 1 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
2 .7
2 .7
2 .1*
2 .9
2 .a
$12,230
9 ,7 1 5
1 0 ,1 *7 0
7 ,9 8 0
H*,51*0
8 ,6 3 5
1 3 ,7 3 0
2 .1*
2 .3
2.0
7
6
6
62
61
50
76
7
50
51
31
33
1*1*
15
a3
1*5
$ 1 1 ,1 1 5
1 2 ,3 7 0
2 .3
$ 1 1 ,1 * 2 5
2.1*
$ 1 2 ,6 9 5
$12,230
$ 1 2 ,6 3 5
$13,a20
2.6
l/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 houses”plus "FHA and con
ventionally 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.
27
SALES HOUSING
Table 6.— New 1-Family Houses Purchased:
Percentage Distribution and Average Purchase Price
by Mortgage Status and Veteran Status of Purchaser
New 1 -family houses purchased
Total
Number
2/
Per
cent
3/
Mortgaged
Unmortgaged
B(y veterans of
World \ja r II
Ely other
veterans and
nonveterans
Average
As per Average As p er Average As p er Average As p er Average
pur
cent of pu r
cent of pur
cent of pur
cent of pur
chase
total
chase
total
total
chase
chase
total
chase
price
price
price
price
price
3/
3/
y
2/
y
New houses completed July-December 19 U9, 15 metropolitan areas
A t l a n t a ....... ..
Bos t o n ........... ..
Chicago ............
Cleveland ..........
Dallas .............
Denver .............
Detroit ............
Los Angeles ........
M i a m i ...............
New York ............
Philadelphia .......
Pittsburgh .........
San Francisco ......
Seattle ............
Washington, D. C. ..
l,75o
1,290
5,700
2,61*0
2,800
1,715
11,225
15,11*0
3,01*0
16,31*0
5,21*5
1,705
1*,1*80
860
3,730
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
$8,61*5
11,100
13,160
11*, 595
9,300
10,055
9,680
9,820
8,155
11,670
1 0 ,1 * 5 0
11,570
1 2 ,0 0 5
11,895
13,160
98
9k
9k
91
96
93
9l*
93
95
91*
95
91
91
87
93
$8 , 5 1 0
10,980
12,990
11*,31*5
9,180
9,750
9,510
9,1*95
7,930
11,305
10,315
11,310
11,700
11,135
12,865
2
6
6
9
1*
7
6
7
5
6
5
9
9
13
7
$ll*,l*35
15,290
16,01*0
17,285
12,670
11*,835
12,260
11*,355
12,300
78
61
$8
,3 9 0
22
9
,9 1 * 0
51*
55
70
80
68
71
80
63
1 2 ,1 7 0
39
1*6
1*5
30
20
32
29
20
37
31
35
35
53
28
17,125
12,790
11*, 255
15,260
65
65
17,105
17,235
72
69
hi
1 3 ,3 1 5
8,no
9 ,5 2 5
9 ,0 1 0
9 ,3 1 5
7 ,5 3 5
1 0
,1 * 1 0
9 ,7 0 5
1 1 ,2 1 0
1 0 ,9 1 0
9,615
12,305
$9 , 5 3 5
1 2 ,9 1 * 0
lit,1*15
1 6 ,1 9 0
1 2 ,1 5 0
12,31*0
1 1 ,0 5 0
ii,ol*5
1 0 ,7 2 0
13,775
1 2 ,0 8 0
12,21*5
ll*,0l*0
13,91*5
15,360
New houses completed October-December 1950, 10 metropolitan areas
Atlanta ............
Boston .............
Chicago ............
Dallas .............
Detroit ............
Los Angeles ........
New York ...........
Pittsburgh .........
S a n F r a n c i s c o .... .
Washington, D. C. ••
1 ,2 0 0
2 ,2 0 0
5,780
2,1*30
8,270
22,730
17,570
1,230
3,71*5
3,725
100
100
100
100
100
100
100
100
100
100
1 1 ,3 2 0
95
1 0 ,7 0 5
13,390
11*,1*1*0
92
1 3 ,2 1 0
92
1 1 ,1 1 5
99
93
'98
95
93
95
97
13,71*0
10,530
10,285
10,015
11,955
11,885
11,265
13,190
10,595
1 0 ,0 5 0
12,185
12,1*10
1 1 ,6 3 0
1 3
,1 * 9 5
5
8
8
1
7
2
5
7
5
3
2 1 ,5 0 0
16,710
18,535
22,1*50
13,590
13,935
17,61*5
11,530
17,695
18,1*15
75
58
51*
59
79
77
1 0 ,1 2 0
1 1 ,9 3 5
25
1*2
1*6
ia
11
12,1*70
9,600
9,850
9,1*25
11,170
61
71
75
1 0 ,6 8 0
39
10,705
12,180
29
21
23
29
2 5
ll*,820
15,590
16,075
12,21*5
13,230
12,355
11*,800
13,695
13,825
16,900
New houses completed January-March 1951, 10 metropolitan areas
Atlanta ............
Boston .............
Chicago ............
Dallas .............
Detroit ............
Los Angeles ........
New York ...........
Pittsburgh .........
S an Francisco .....
Washington, D. C. ..
815
1,11*0
1*,320
1,600
7,215
13,01*0
12,090
380
3,300
1,71*0
100
100
100
100
100
100
100
100
100
100
10,365
1 1 *,0 9 5
1 1 *, 5 9 0
1 1
,1 * 0 5
1 1 ,1 1 5
11,1*25
1 2 ,6 9 5
12,230
12,635
13,1*20
99
90
95
96
97
97
98
90
91
100
1 1 *,5 5 0
1
10
5
1 5 ,3 2 0
1 1 ,0 5 0
k
1 8 ,5 5 5
3
10,565
11,030
3
2
12,395
10
12,11*5
11,935
9
13,370 (U/)
1 3 ,6 0 0
1 0 ,5 9 5
1 2 ,9 2 0
1 1 ,1 0 5
1 5 ,2 1 5
1 8 ,1 1 0
,1 * 9 5
13,61*5
1 9 ,1 * 0 0
2 1
8U
61
52
66
76
76
66
63
60
79
1 0 ,7 0 5
1 2 ,3 7 5
13,765
10,785
8,71*5
10,370
12,065
10,785
11,165
12,765
16
39
1*8
31*
21*
21*
31*
37
1*0
21
10,065
11*, 370
15,1*70
12,525
16,195
11*,01*5
13,51*5
11* , 8 9 0
11*,735
15,675
1 / Covers all World W a r 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 wh ich data are known,
k j Less than one percent of all new~houses purchased in the area.
http://fraser.stlouisfed.org/ 2 8
Federal Reserve Bank of St. Louis
SALES HOUSING
Table 7•— New 1-Family Houses Purchased:
PART A. —
ALL PURCHASED HOUSES 1/
All new pur
chased houses
Area
Distribution by Purchase-Price Class
Percent of new houses having purchase price of—
Median
Under
All
Number purchase
prices $ 7 , 5 0 0
price
$7
,5 0 0
to
8,1*99
$8
,5 0 0
to
$9
,5 0 0
$1
to
9,1*99 10,1*99
Houses coupleted July-Deeember 19li9j,
1,750
Atlanta .........
1,290
Boston ..........
5,700
Chicago .........
2,61*0
Cleveland .......
2,800
Dallas ...........
Denver ..........
1,715
D e t r o i t ........ . 11,225
Los Angeles ..... 15,11*0
3,01*0
M i a m i ...........
New York ........ 16,31*0
Philadelphia ••••
5,21*5
Pittsburgh ......
1,705
San Francisco •••
If,1*80
Seattle .........
860
Washington, D* C*. 3,780
|8,200
9,800
12,200
8 ,7 0 0
100
100
100
100
100
100
100
100
33
2
6
1
61*
3
18
1U
7 ,5 0 0
1 0 0
h9
1 0 ,3 0 0
100
100
100
100
100
100
5
1 2 ,9 0 0
7,200
9 ,3 0 0
9 ,1 0 0
9 ,5 0 0
11,200
10,700
9,800
12,300
21*
17
1
3
6
20
20
31
17
1 5
5
8
1
2
U
1 5
11
2
1 0
(2/)
15
26
8
k
2
35
22
27
8
17
37
21
17
25
12
7
18
11
8
5
15
13
9
9
15
lii
15
12
13
19
0 ,5 0 0
to
12,1*99
1 5
$1
2 ,5 0 0
to
lit,1*99
$ 1 1 *,5
to
0 0
16,1*99
$1
6 ,5 0 0
to
18,1*99
$1
8 ,5 0 0
and
over
metropolitan areas
10
16
28
27
5
15
15
5
10
21
20
3U
21
13
18
h
1
6
5
19
18
2
5
7
h
3
8
8
15
8
7
19
11
13
3
2
2
3
(2/)
~
h
k
5
8
b
15
2
6
13
19
10
3
3
5
1
3
5
3
8
2
2
2
3
1
6
(2/)
9
1
~ U
1 ft
1
ft
ft
12
11
11
6
5
Houses coupleted October-December 1950, 10 metropolitan areas
1,200
Atlanta .........
2,200
Boston ..........
5,780
Chicago .........
2,1*30
Dallas ..........
8,270
Detroit .........
Los Angeles .... 22,730
New York ........ 17,570
Pittsburgh ......
1,230
San Francisco •••
3,71*5
Washington, D. C,
3,725
9
,1 * 0 0
1 1 ,5 0 0
1 3 ,9 0 0
8 ,3 0 0
9 ,5 0 0
9 ,3 0 0
1 0 ,8 0 0
1 1 ,7 0 0
1 0 ,3 0 0
1 2 ,1 0 0
100
100
100
100
100
100
100
100
100
100
12
(2/)
” 1
28
8
7
6
8
2
(£ /)
23
1
2
28
lh
18
11
1
2
2
17
7
5
7
28
314
13
8
26
5
19
21
6
10
31
21
h
h
lii
17
16
16
26
22
23
15
23
33
17
26
7
11
25
h
h
k
12
11
12
12
5
9
18
U
3
3
6
8
5
12
(2/)
~ 8
7
12
13
17
5
9
3
3
(2/)
~ 2
1
1
1
ft
11
12
6
11
ft
ft
11
Houses completed January-March, 10 metropolitan areas
Atlanta .........
815
1,11*0
Boston ..........
1*,320
C h i c a g o ....... ..
Dallas .• ........
1,600
Detroit .........
7,215
Los Angeles .... 13,01*0
New Y o r k ........ 12,090
380
Pittsburgh ......
San Francisco •••
3,300
Washington, D# C. 1,71*0
9 ,3 0 0
1 2 ,8 0 0
1 1 *,1 0 0
9 ,0 0 0
1 0 ,1 0 0
1 0 ,1 0 0
1 1 ,8 0 0
n ,6 o o
1 0 ,9 0 0
11,800
100
100
100
100
100
100
100
100
100
100
19
(2/)
- 1
18
2
2
2
1
2
(2/)
12
3
2
23
10
9
8
16
2
1
I
2 4
3
8
19
26
22
11
h
18
6
22
16
h
10
20
30
12
13
22
18
3
26
18
2
23
19
25
31
23
33
5
17
20
8
9
5
17
18
8
15
2
11
20
3
i
2
3
9
10
9
12
6
10
12
7
lii
15
12
5
2
3
1
1
ft
(2/)
“ 8
3
5
9
12
See footnotes at end of table.
ft
7
11
29
SALES HOUSING
Table 7 •— New 1-Family Houses Purchased:
PART EL —
All new mort
gaged houses
Area
Distribution by Purchase-Price Class— Continued
ALL MORTGAGED- HOUSES 3/
Percent of new mortgaged houses having
$7,500 $8,500 $9,500
Median
Under
All
to
to
to
Number purchase
prices $7,500
price
8,1:99 9,1:99 10,1:99
purchase price of—
$10,500 $12,500 $11:, 500 $16,500 *18,500
to
to
to
to
and
12,1:99 1U,1:99 16,1:99 18,1:99 over
Houses completed July-December 1 9 l i 9 , 15 metropolitan areas
Atlanta .........
1,710
Boston ..........
1,215
Chicago •••••••••
5,380
2,110
Cleveland .......
2,700
Dallas ......... .
Denver ..........
1,615
Detroit ......... 10,530
Los Angeles ..... 111, 120
2,885
Miami ............
New York ........ 15,310
Philadelphia ....
U,960
Pittsburgh ......
1,555
San Francisco ...
U,095
Seattle .........
750
Washington, D. C.
3,520
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
$8,200
9 ,7 0 0
12,200
12,800
7,200
9,200
9,000
8 ,6 0 0
7,500
10,200
9 ,U o o
11,000
10,1:00
9,500
12,100
25
15
18
2
27
8
h
lU
3
6
21
21
32
5o
18
33
2
6
9
66
3
19
5
16
6
1
u
12
9
(2 /)
2
16
11
1
2
38
22
26
8
18
39
23
19
28
Hi
8
18
12
8
6
16
13
9
10
16
ll
16
13
15
19
10
li
16
5
li
1
5
12
13
3
2
1
2
2
(2/)
9
li
< 2 /)
U
(2 /)
27
19
29
17
2
3
6
5
15
15
5
10
21
20
3U
22
15
19
7
3
lli
li
7
8
18
7
2
Hi
3
li
li
7
2
1
1
3
3
3
li
5
1
6
11
17
9
2
2
li
1
7
3
3
11
7
8
Houses completed October-December 1950, 10 metropolitan areas
Atlanta ....... .
970
1,950
Boston ..........
Chicago .........
U,795
Dallas ..........
2,Ui5
Detroit .........
6,815
Los Angeles ..... 2 1 ,5 1 iO
New York ........ 15,730
Pittsburgh ......
835
San Francisco ...
3,260
3,360
"Washington, D. C.
9,200
n ,5 o o
13,700
8,200
9,500
9,300
11,300
11,100
10,200
11,900
100
100
100
100
100
100
100
100
100
100
12
(2/)
2
29
5
7
6
7
1
(2/)
26
1
3
29
15
17
12
(2/)
3
8
19
5
6
8
31
3k
lli
12
26
6
22
23
7
5
17
17
18
21
26
2li
7
31
23
5
22
1 6
22
27
17
25
5
12
26
li
3
3
11
11
12
12
5
(2/)
9
9
18
3
2
2
3
6
12
li
12
8
2
(2/)
2
6
li
10
5
10
7
15
U
U
10
U
1:
10
Houses completed January-March 1951, 10 metropolitan areas
Atlanta .........
725
900
Boston ..........
Chicago .........
U, 080
Dallas ..........
1,1:95
6,590
D e t r o i t .........
Los Angeles ..... 12,075
New York ........ 1 0 , 6 6 0
Pittsburgh ......
335
San Francisco ...
2,560
Washington, D. C. 1 , 6 8 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
1 1 ,8 0 0
See footnotes at end of table.
http://fraser.stlouisfed.org/ 30
Federal Reserve Bank of St. Louis
100
100
100
100
100
100
100
100
100
100
18
(2/)
2
17
2
2
(2/)
(2/)
2
(2 /)
13
3
2
25
11
9
9
16
2
(2/)
2U
3
8
20
28
22
12
20
18
h
15
25
16
19
6
h
10
21
31
Hi
2
29
18
2
22
19
26
33
26
6
18
21
8
33
lli
9
6
18
20
7
2
13
20
3
2
2
7
9
8
8
11
Hi
5
11
2
5
9
2
3
3
5
8
(2 /)
li
13
3
9
6
6
12
SALES HOUSING
Table 7*— New 1-Family Houses Purchased:
Distribution by Purchase-Price Class— Continued
PART C — -ALL MORTGAGED HOUSES PURCHASED BY WORLD WAR II VETERANS
All new mort
gaged houses
Area
Percent of new mortgaged houses having purchase price of—
Median
All
Under $7,500 $ 8 , 5 0 0 $9,500
to
Number purchase
to
to
prices #7,5oo
price
8,1)99 9,1)99 10,1)99
$1 0 , 5 0 0 $ 1 2 , 5 0 0 $1 1 ),5 0 0 $1 6 , 5 0 0 $ 1 8 , 5 0
and
to
to
to
to
12,1)99 H), 1)99 16,1j99 18,1*99 over
Houses completed July-December 19U9,,
Atlanta ••••••••• 1,350
Boston ..........
775
Chicago .......••
3,030
Cleveland .... .
1,350
D a l l a s .... ... •. l,9l)5
Denver ..........
1,365
Detroit ........
7,500
Los Angeles ••.«® 10,31)5
Miami •® •®......
2,1)25
New York ........ 1 0 , 0 3 0
Philadelphia ..•. 3,1)90
Pittsburgh .....
1,085
San Francisco ••• 2,825
1 )0 0
Seattle .........
Washington, D. C. 2,605
$8
,2 0 0
100
28
30
19
9
,1 * 0 0
100
3k
18
3k
1 1 ,6 0 0
100
71
(2 /)
73
1 1 ,3 0 0
100
7 ,1 0 0
100
3
5
7
19
13
17
15
9
9 ,1 0 0
100
2
3k
1*0
8 ,7 0 0
100
22
23
38
25
32
9
25
1*7
27
23
31
17
8 ,5 0 0
100
7 ,1 0 0
100
9,500
100
9 ,2 0 0
100
1 0 ,5 0 0
100
11
57
i*
7
(2 /,)
18
20
10
2
9,900
100
k
16
9 ,1 0 0
100
13
16
1 1 ,3 0 0
100
1
1
9
8
8
71)0
1 ,2 1 0
2 ,8 3 0
1,275
5,770
1 6 ,9 0 0
1 1 ,5 9 0
51)5
,1 ) 3 0
2,585
2
9 ,0 0 0
100
1 1 ,0 0 0
100
1 2 ,5 0 0
100
8 ,0 0 0
100
9,300
100
9 ,1 0 0
1 0
11
(2 /)
3
31
26
2
k
21 *
7
9
ko
6
18
100
k
6
,1 * 0 0
100
6
13
36
39
15
20
1 0 ,6 0 0
100
8
1
16
1 0 ,0 0 0
100
2
3
1 1 ,2 0 0
100
(2 /)
30
7
2
9,300
25
1 1 ,2 0 0
100
17
(2 /)
Ik
600
3
k
2 ,1 6 0
1 3 ,1 0 0
100
1
3
8
610
100
20
36
17
5
9
2
1
1
11 *
2
10
1*
(2 /)
(2 / 0
1
1
2
1
(2 />
7
3
6
1
20
16
31
23
18
10
21 *
21
36
25
10
2
k
18
26
2 i*
31
29
33
15
30
13
15
1
2
26
1
7
6
(2 / 0
16
8
22
8
1*
15
2
2
8
2
16
5
18
(2 /)
20
(2 / 0
2
22
25
32
21*
39
100
1
l*
1*
2
19
30
3
8
17
5
2
16
100
12
11
2
31*
29
38
1 0 ,6 0 0
10
19
23
l*
9
9,900
1 0 ,2 0 0
5
3
1*
9
(2 / 0
5
3
metropolitan areas
31*
25
6
5
1
(2 /)
(!/)
(2 /)
12
20
2
1
2
100
1*
(2 /)
7
7
2
100
1 0 ,8 0 0
26
i*
1*
13
11
9 ,6 0 0
16
5
12
20
5,150
9,385
7,150
225
1,665
1,330
8
1
2
21
10
6
(2 / 0
31
2
2
3
3
1
15
(|/)
(1 /)
2
19
100
100
2
(2 /)
3
(2 /)
1*
5
(2 /)
13
18
10
1
1
metropolitan areas
6
25
29
2
13
5
(2 /)
3
11
5
5
17
1
8
1*
(2 /)
(|/)
Cl D
1
11*
(2 /)
1*
7
18
10
1
(2 / 0
1*
8,700
100
6
28
1 ,0 1 0
1 1 ,1 0 0
(2 /)
11 *
Houses completed January-March 1951,
Atlanta ........
B o s t o n ..... .
Chicago ........
Dallas .........
Detroit •••••••••
Los Angeles •••®®
New York ........
Pittsburgh .....
San Francisco •••
Washington, D® C®
1*
1*
18
Houses completed October-March 1950,
Atlanta ........
B o s t o n .........
Chicago ........
Dallas .........
Detroit ........
Los Angeles ....
New York .......
Pittsburgh .....
San Francisco •••
Washington, D. C®
9
13
21
5
5
3
metropolitan areas
15
25
1*
(2 /)
8
7
7
3
(2 /)
K l/)
6
6
2
12
10
k
10
5
6
9
(2 /)
2
7
(2 /)
3
8
See footnotes at end of table®
225836 0 - 52 - 5
31
0
SALES HOUSING
Table 7.--New 1-Faroily Houses Purchased:
Distribution by Purchase-Price Class— Continued
PART D . ~ ALL MORTGAGED HOUSES PURCHASED BY OTHER VETERANS AND NONVETERANS
All new mort
gaged houses
Area
Percent of new mortgaged houses having purchase price of—
Median
Under # 7 , 5 0 0 # 8 , 5 0 0 # 9 , 5 0 0
All
to
to
Number purchase
to
prices # 7 , 5 0 0
price
8,1*99 9,1*99 10,1*99
#1
0 ,5 0 0
to
12,1*99
#1
2 ,5 0 0
to
n*, 1*99
#U*,5oo #1 6 , 5 0 0 ♦18,500
to
to
and
over
1 6 ,1 * 9 9
1 8 ,1 * 9 9
Houses completed July-December 19l*9, 15 metropolitani areas
Atlanta ........
Boston .........
Chicago ........
Cleveland ......
Dallas .........
Denver ..........
Detroit .........
Los Angeles ....
M i a m i ..........
New Y o r k ...... .
Philadelphia ....
Pittsburgh .....
San Francisco ...
Seattle ........
Washington, D. C.
360
2*i*o
2 ,2 7 5
1 ,0 5 0
750
2l*5
#7 ,5 0 0
11,100
13,300
n*, 7 0 0
8 ,3 0 0
1 0 ,5 0 0
2 ,8 9 0
1 0 ,5 0 0
3 ,7 7 5
9,100
10,100
1*59
5,280
1,1*70
1*70
1,270
31*9
920
1 1 ,8 0 0
10,800
11,700
12,300
10,600
11*,600
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
50
(2 /)
6
2
1*7
11
11
25
11*
7
3
1*
3
11
(£/)
5
17
(2/)
(2/)
1*
(2/)
13
15
20
9
5
2
16
3
(2/)
2
16
11
3
(2/)
29
17
17
5
6
19
13
9
2h
1*
6
11
2
2
(2/)
11
9
7
22
11
12
6
6
10
9
li*
20
23
21
13
18
28
8
21*
28
35
1*0
18
20
13
3
8
19
18
3
8
11
11
10
11
9
21
11
10
21
1*
1*
20
19
7
11
1*
1*
(2/)
7
7
9
12
5
20
10
10
1*
11
6
8
1*
6
2
8
(2/)
2
1*
5
12
5
16
15
23
20
5
1*
8
5
15
10
2
21
13
20
Houses completed October-December 1950, 10 metropolitan areas
Atlanta •••••••••
Boston .........
Chicago ...... .
Dallas .........
Detroit .........
Los Angeles ••• • »
New York .......
Pittsburgh ......
San Francisco ...
Washington, D. C.
230
7i»0
1,970
870
1,01*0
l*,6l*0
l*,ll*0
290
830
800
10,200
H*, 300
13,500
9,300
11,800
1 1 ,6 0 0
11,1*00
15,100
11,100
15,900
100
100
100
100
100
IOC
100
100
100
100
13
(2/)
(£/)
28
10
8
7
25
(2 /)
( p)
k
ii*
(2/)
8
11
(2/)
(2 /)
(!/)
2
(p)
1*
3
2
10
5
15
9
1*
20
2
12
11*
2
7
10
8
16
15
17
7
13
21*
21
9
1*0
33
11
15
22
10
1*
12
25
5
15
8
1*
1*
15
ll*
8
18
25
3
10
8
9
29
7
20
(2/)
12
10
3
(2/)
(2/)
7
17
9
16
21
18
15
21
10
13
27
12
9
29
(2/)
12
16
7
8
10
6
(2/)
9
(2/)
(2/)
ll*
23
H*
11
15
11
17
11
28
Houses completed January-March 1951, 10 metropolitan areas
Atlanta ........
Boston .........
Chicago .........
Dallas ......... .
Detroit ........
Los Angeles •••••
New York .......
Pittsburgh •«••••
San Francisco ...
Washington, D. C.
110
9 ,7 0 0
300
2 ,6 9 0
1)*,1*00
11*,900
9,500
11,800
11,200
3,510
105
895
350
12,600
11,800
11*, 700
1 ,9 2 0
1
W5
,1*1*5
1 1 ,5 0 0
100
100
100
100
100
100
100
100
100
100
23
(2 /)
2
21
5
3
(2/)
(2/)
h
(2 /)
8
1*
2
12
8
10
7
8
2
(2/)
15
(2/)
8
18
8
13
1*
(2/)
1*
3
23
8
5
11
16
10
9
6
17
10
8
18
6
1*
22
23
30
35
30
10
8
22
25
H*
H*
10
21*
28
11
21*
15
22
ll*
(2/)
8
5
9
7
13
21*
Includes houses for which veteran status of purchaser and mortgage data are unknown# 2/ Less than 1 per
cent of all new houses purchased in the area. 3/ Includes houses for which veteran status of purchaser is
unknown#
1 /
Note: Distributions may not always equal totals because of rounding and because of the exclusion of units
for which data are unknown.
IT
SALES HOUSING
Table 8.— New Mortgaged 1-Family Houses:
and Type of Mortgage
Area
Number
of new
mortgaged
houses
Distribution by Veteran Status of Purchaser
Percentage distribution, by type of mortgage, of houses bought by—
All
purchasers
World War II Veterans
V.A.guaranteed
F.H.A.insured
All others
F.H.A.-V.A.
Uninsured
combination
F.H.A.insured
Uninsured
Houses completed July-December 19l*9* 15 metropolitan areas
Atlanta ..........
Boston ............
Chicago ...........
Cleveland....... .
D a l l a s ......... ..
D e n v e r .......... «
Detroit ...........
Los Angeles ......
Miami ............
New York ..........
Philadelphia .....
Pittsburgh..... .
San Francisco •••••
Seattle
Washington, D. C. .
1,710
1,215
5,380
2 ,iao
2,700
1,615
10,530
11*, 120
2,885
15,310
1*,960
1,555
U,095
750
3,520
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
3U
57
15
18
13
26
1*1*
25
38
2/H*
1*
6
2
21
36
1*
1
13
10
11
10
15
3
7
6
ll*
5
10
26
8
3i*
2
18
17
1*6
1*8
11
33
39
1*1*
51
53
52
1
27
7
U
12
12
1*
1
3
12
(2/)
2
2
7
5
5
3
5
10
12
9
11*
8
20
8
11*
23
20
16
20
30
17
16
26
30
31*
12
7
7
19
2
11
9
13
11
17
9
Houses completed October-December 1950, 10 metropolitan areas
A t l a n t a ....... .
B o s t o n .... .......
Chicago •••••••••••
Dallas ...........
Detroit ..........
Los Angeles ......
New York .........
Pittsburgh ••••••..
San Francisco •••.•
Washington, D. C. •
970
1,950
It,795
2,H5
6,815
21,51)0
15,730
835
3,260
3,380
100
100
100
100
100
100
100
100
100
100
67
50
22
23
76
2/63
1/38
17
2/29
1/66
2
3
18
8
1*
7
9
12
9
1
k
3
6
17
1
1*
23
32
36
3
i*
7
13
10
1*
It
3
It
2
5
10
9
15
22
7
11
15
13
15
7
11*
29
26
18
8
10
11
22
9
16
Houses completed January-March 1951* 10 metropolitan areas
Atlanta ..........
B o s t o n ..... .
Chicago .........
Dallas ...........
D e t r o i t ......... .
Los Angeles .......
New York . • •• ......
Pittsburgh ........
San Francisco ....
Washington, D. C. .
725
900
1*,080
1,1*95
6,590
12,075
1 0 ,6 6 0
335
2,560
l,68o
100
100
100
100
100
100
100
100
100
100
60
56
20
23
65
63
53
23
1*8
66
1
2
21
18
13
5
9
15
1*
3
Q/>
(i/)
2
10
(I/O
1
It
23
10
(!/)
22
9
10
16
2
9
2
7
5
11
7
2
18
16
13
6
15
16
21
8
9
31
29
17
8
15
18
16
13
13
1 / Less than 1 percent of all new houses purchased in the area.
2/ Includes a few units for which first
mortgage was VA-guaranteed and second mortgage was uninsured (19l*9> two percent in New York; 1950, one
percent or less in the areas noted).
Note:
Percentage distributions may not always total 100 because of roundingo
33
SALES HOUSING
Table 9*— New Mortgaged 1-Family Houses: Distribution by Percent of Initial Equity
and by Type of Mortgage Financing
PART A.—
Area
Number
of new
mortgaged
houses
_______ I J
ALL MORTGAGED HOUSES
Percent of all new mortgaged houses for which initial equity was—
All
houses
0
1-5
percent
6-10
percent
Houses completed July-December
A t l a n t a ........... . • ••
Boston .................
Chicago ................
Cleveland .............
Dallas .................
Denver ................
Detroit ................
Los Angeles ...........
Miami ..................
New York ..............
Philadelphia ...........
Pittsburgh *.... *......
San Francisco ••••••••••
Seattle *...... *.......
Washington, D* C* ••••••
1,710
1,215
5,380
2,iao
2,700
1,615
10,530
III,120
2,885
15,310
It,960
1,555
It,095
750
3,520
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
57
23
3
3
53
21
36
38
39
23
33
7
9
15
17
8
9
11
7
2
33
15
20
36
16
13
20
29
6
15
19h9f
11
9
8
7
10
12
9
7
6
9
7
11
lli
8
11
11-15
percent
15
16-25
percent
26-35
percent
36-99
percent
metropolitan areas
6
11
9
5
12
8
8
7
3
10
5
7
10
29
9
5
13
21
Hi
6
11
15
11
10
15
16
18
11
21
20
7
9
22
19
6
8
5
5
3
1U
11
19
10
6
16
6
26
26
li5
11
7
12
12
3
13
15
18
17
15
12
Houses completed October-December 1950, 10 metropolitan areas
Atlanta ................
Boston ............... .
Chicago ............. .
Dallas .................
Detroit ................
Los A n g e l e s ...... .
New York ..............
Pittsburgh .......... .
San Francisco .........
Washington, D. C.......
970
1,950
it, 795
2,llt5
6,815
2 l, 5 Uo
15,730
835
3,260
3,380
100
100
100
100
100
100
100
100
100
100
39
11
(2/)
31
23
51
27
13
21
2k
19
7
3
8
39
13
Hi
12
32
22
10
12
9
9
7
6
13
10
6
12
8
10
10
13
3
li
Hi
21
7
li
8
Hi
22
13
10
8
11
18
12
10
6
17
20
Hi
7
9
10
15
10
15
10
29
36
12
11
9
11
11
12
13
Houses completed January-March 1951, 10 metropolitan areas
A t l a n t a .............. .
Boston *.............. .
Chicago ...............
Dallas .................
Detroit ................
Los Angeles *..........
New York ...............
Pittsburgh ............
San Francisco .........
Washington, D. C* •*•••«
725
900
It,080
1,7*95
6,590
12,075
1 0 ,6 6 0
335
2,560
1 ,6 8 0
See footnotes at end of table*
~ w
100
100
100
100
100
100
100
100
100
100
33
11
1
16
2h
51
16
6
5
11
15
13
2
11
19
10
15
17
33
3U
6
16
10
9
10
3
7
12
8
10
7
5
5
1U
8
5
7
10
11
9
12
16
19
19
8
20
9
18
22
18
6
7
18
Hi
Hi
16
7
12
Hi
11
17
21
Ul
13
19
15
17
28
19
13
SALES HOUSING
Table 9.— New Mortgaged 1-Family Houses: Distribution by Percent of Initial Equity
and by Type of Mortgage Financing— Continued
PART B*—
Area
HOUSES PURCHASED WITH VA-GUARANTEED MORTGAGE FINANCING 3/
New houses with
VA-guaranteed mort
gage financing 3/
As percent
of all mort—
Number
gaged houses
Percent of houses with VA-guaranteed financing
for which initial equity was-All
houses
0
6 -1 0
3 6 -9 9
n -1 5
1 6 -2 5
2 6 -3 5
1 -5
percent percent percent percent percent percent
Houses completed July-December
Atlanta ...........
Boston ............
Chicago ...........
Cleveland .........
Dallas *.......... .
Denver ............
Detroit ...........
Los Angeles .......
Miami ..............
New York ..........
Philadelphia ......
Pittsburgh .........
San F r a n c i s c o .... .
Seattle ........ ..
Washington, D. C. ••
1,165
715
1,735
835
1,5140
1,180
5,6Uo
8,170
2,225
3/8,620
2,665
905
2,190
165
2,225
68
59
33
35
59
7U
55
58
77
58
55
59
5U
22
63
100
100
100
100
100
100
100
100
100
81
39
9
1*
90
29
65
63
51
100
38
100
100
100
100
100
59
11
12
63
26
8
11*
31
21
3
1*1*
22
27
1*7
28
22
31*
51*
19
23
15 metropolitan areas
19h9,
3
13
20
20
7
16
6
It
2
12
8
15
21
3
16
6
13
8
lU
(2/)
5
2
1*
(2/)
8
5
8
1*
9
10
1
6
18
23
(2/)
3
1
1
(2/)
8
3
18
6
6
11*
1
6
8
9
(2/)
1
2
(2/)
(5/)
1*
3
8
2
(2/)
9
(2/)
9
6
9
(2/)
2
2
1
(2/)
2
(2/)
6
1
(2/)
2
Houses completed October-December 1950, 10 metropolitan areas
A t l a n t a ..... *.....
Boston .............
Chicago ........ ..
Dallas .............
Detroit ........ . • ••
Los Angeles .......
New York ..........
Pittsburgh ........
San F r a n c i s c o .... .
Washington, D* C. ..
685
1,030
1,350
870
5,255
3/1b,h00
3/9,660
1405
3/2,110
2/2,375
70
53
28
1*1
77
67
61
1*9
65
70
100
100
100
100
100
100
100
100
100
100
55
20
(2 /)
76
30
75
38
27
33
31*
28
H*
9
17
50
(2/)
19
22
1*9
31
1*
21
30
(2/)
9
18
15
H*
7
H*
3
H*
18
3
1*
3
11
20
3
6
8
11
15
2
6
2
12
8
7
8
(2/)
i.i
15
(2/)
1
(2/)
2
(2/)
2
3
3
10
12
2
1
2
3
9
(2/)
3
Houses completed January-March 1951* 10 metropolitan areas
Atlanta ...........
Boston .............
Chicago .......... .
Dallas .............
Detroit •••. *......
Los Angeles .......
New Y o r k ........ .
Pittsburgh ........
San Francisco ••*••*
Washington, D. C. ••
1435
60
510
57
22
35
6h
65
57
1*6
58
66
900
s
li,290
7,865
6,110
155
l,li95
1,105
52
100
100
100
100
100
100
100
100
100
100
55
20
(2/)
hi
37
75
28
11*
9
17
23
20
10
23
29
15
22
26
53
1*9
8
26
23
H*
15
3
9
26
13
11*
6
8
7
11
10
3
7
8
11*
10
8
12
23
3
5
3
17
15
9
1*
(2/)
9
20
2
2
1
10
1
3
1*
(2/)
5
17
(2/)
2
(2/)
7
10
(2/)
1
See footnotes at end of table*
35
SALES HOUSING
Table 9.— New Mortgaged 1-Family Houses: Distribution by Percent of Initial Equity
and by Type of Mortgage Financing— Continued
PART C.—
HOUSES PURCHASED WITH FHA-INSURED
Area
New houses with
FHA and conventional
mortgage financing
As percent
of all mort
Number
gaged houses
h /
AND CONVENTIONAL TYPE (UNINSURED) MORTGAGE FINANCING
Percent of houses with FHA h j and conventional financing
for which initial equity was—
All
houses
0
6 -1 0
11-15
1 6 -2 5
2 6 -3 5
3 6 -9 9
1-5
percent percent percent percent percent percent
Houses completed July-December 19h9, lb metropolitan areas
Atlanta ............
B o s t o n ..... .......
Chicago .......... .
C l e v eland...... .
Dallas .......... .
Denver ...... ......
Detroit .......... .
Los Angeles ........
Miami •••••••••••••«
New York ..........
Philadelphia ......
Pittsburgh ........
San Francisco .....
Seattle ...........
Washington, D. C. ..
51*0
32
100
500
1*1
100
100
100
100
100
100
100
100
100
100
100
100
100
100
3,570
1 ,5 7 5
1,075
1*25
U.830
•5,950
655
6,325
2,21*5
6U0
1,880
585
1,275
67
65
Ul
26
U5
ii2
23
ii2
16
hi
U6
78
37
7
(2 /)
8
(2/)
(I /)
( 1 /)
2
1
(2 /)
2
1*
(2 /)
1
2
(2 /)
(2/)
1
3
7
10
(2/)
1
2
(2/)
(2/)
2
2
u
2
(2 /)
26
5
- 3
(2/)
12
2
11
12
20
5
6
5
6
10
3
7
8
9
(2/)
29
15
111
11
13
13
6
5
16
3U
8
lh
2h
23
9
13
32
33
2ii
h2
26
32
18
7
25
31
____11_ _ _ _ _ _ _ _ _ _ _ _ _
27
10
12
12
27
20
36
31
8
29
18
51
36
65
28
21
23
27
13
27
32
36
36
19
27
20
22
21
2ii
27
27
23
29
27
ill
27
32
ii6
20
ii8
25
26
lii
33
36
20
12
29
2ii
16
Houses completed October-December 1950, 10 metropolitan areas
A t l a n t a .......... .
Boston .............
Chicago ............
Dallas •.••••••....
Detroit ............
Los Angeles .......
New York ..........
Pittsburgh ........
San F r a n c i s c o .....
Washington, D. C. ••
285
920
3,U*5
1,275
1,560
7,llt0
6,070
1*30
1,150
1,005
30
hi
72
59
23
33
39
51
35
30
100
100
100
100
100
100
100
100
100
100
(2 /)
(!/)
(!/>
(2 /)
(2/)
3
9
(2/)
(2/)
(!/)
(2/)
(2/)
1
1
3
2
5
1
2
© 0
23
(2/)
(2/)
15
(2/)
12
9
6
3
8
20
7
7
19
(2/)
8
18
22
111
(2/)
10
19
2ii
21
23
23
11
28
22
16
Houses completed January-March 1951, 10 metropolitan areas
Atlanta ...... .....
Boston ............
Chicago ...........
Dallas .............
Detroit ...o........
Los A n g e l e s ........
New Y o r k ........ .
Pittsburgh ........
San Francisco ......
Washington, D. C. ••
290
390
3,180
970
2,300
l*,210
U,550
180
1,065
575
ho
h3
78
65
36
35
ii3
Sh
ii2
3h
100
100
100
100
100
100
100
100
100
100
(2 /)
(2/)
1
(2 /)
(!/)
8
(2 /)
3
3
(2/)
5
(2/)
2
h
© 0
9
(2 /)
5
U
(!/)
3
3
6
5
2
5
6
(2/)
2
2
9
2
5
15
3
8
7
12
5
6
17
20
18
27
31
16
2U
12
27
25
2ii
30
23
26
Hi
18
30
2ii
lii
27
ill*
hi
hi
21
51
U3
29
ii2
ii6
35
1/ Includes houses for which data on type of mortgage and initial equity are unknown. Distributions may
not always equal the totals because of rounding and because of the exclusion of units for which type of
mortgage and initial equity are unknown. Percentage distributions are based on units for which data are
known but may not total 100 because of rounding. 2/ Less than one percent of all new houses purchased in
the area. 3/ Covers houses with VA-guaranteed mortgages, FHA-VA combination mortgages, and a few units for
which first mortgage was VA-guaranteed and second mortgage was uninsured (19h9, two percent in New Yorkj
1950, one percent or less in the areas noted), h / Excludes houses with FHA-VA combination mortgages.
36
SALES HOUSING
Table 10.— New Mortgaged 1-Family Houses:
and Percent of Initial Equity
Distribution by Purchase-Price Class
PART A.— INITIAL EQUITY IN HOUSES PRICED UNDER $9,500
New mortgaged houses
priced under $9 > 5 0 0
Area
All mortgaged houses priced under $9,500*
percent for which initial equity was—
As percent All houses
of all mort
under
gaged units
$9,5oo
Number
0
6-1$
26-35
16-25
1-5
36-99
percent percent percent percent percent
Houses completed July - December 19U9, 15 metropolitan areas
Atlanta ...............
Boston ................
Chicago ...............
C leveland ........ .
Dallas ................
Denver ............... .
Detroit ...............
Los Angeles ..........
Miami .................
New York .............
Philadelphia .........
Pittsburgh ...........
San Francisco ........
S e a t t l e ..... .........
Washington, D. C ......
1,2U0
$70
855
190
1*990
995
6,LU5
10,1*85
2,200
6,105
2 ,6 0 0
1*05
1,565
380
5U0
73
U7
16
8
7h
62
61
7U
77
U0
52
26
38
51
15
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
71
39
(1/)
“16
67
29
51
8
10
hi
h9
11
3
37
18
23
39
21
19
15
17
25
63
U2
5
12
hi
hi
h1
h0
13
2h
23
28
2h
22
19
17
9
21
13
27
33
U8
13
3
12
13
6
3
8
9
9
3
10
8
3
5
15
10
1
12
10
28
3
2
2
2
1
h
3
7
11
(1/)
“ 2
1
2
1
6
6
12
(1/)
“ 3
2
(1/)
“ 5
3
2
h
(1/)
Houses completed October-December 1950, 10 metropolitan areas
Atlanta ..............
Boston ...... ........ .
Cnicago ...............
Dallas ................
Detroit ..............
Los Angeles ..........
New York ..•••........
Pittsburgh ...........
San F r a n c i s c o ....... .
Washington, D. C ......
5U5
120
1*90
1,1*25
3,1*85
12,375
U,970
160
1,01*5
21*5
56
6
10
66
51
57
32
19
32
7
100
100
100
100
100
100
100
100
100
100
28
17
25
11
55
9
3h
3h
15
19
i|2
50
25
2
11
30
27
h3
lh
76
(1/)
8
hlx
33
(1/)
“ U5
35
73
U3
Id
7
8
17
Ik
6
h
9
10
9
8
2
(i/)
(1/)
8
1
(1/)
~ 2
a n
a n
(1/)
~ 6
(1/)
a n
(1/)
~ 8
(1/)
(i/)
(T/)
2
(1/)
a n
a n
a n
~ 5
6
11*
3
a n
-
k
2
1
~ 8
Houses completed January-March 1951, 10 metropolitan areas
A t l a n t a ...............
Boston ................
C h i c a g o ....... .......
Dallas ................
Detroit ...............
Los Angeles ..........
New York .............
Pittsburgh ...........
San Francisco ........
Washington, D. C ......
390
55
1*80
925
2,76$
1*,000
2,275
70
590
120
5U
6
12
62
U2
33
21
21
23
7
100
100
100
100
100
100
100
100
100
100
U8
22
(1/)
“27
hh
60
33
5
10
50
2h
hS
13
16
31
16
22
3h
58
ho
15
(1/)
“ L3
30
16
10
22
20
23
10
11
33
31
2h
8
5
1U
2h
6
(1/)
13
3
(1/)
" 1*
3
3
(1/)
a n
See footnotes at end of table.
37
SALES HOUSING
Table 10*— New Mortgaged 1-Family Houses: Distribution by Purchase-Price Class
and Percent of Initial Equity— Continued
PART B.— INITIAL EQUITY IN HOUSES PRICED $9,500-$!2,U99
New mortgaged houses
priced at $9 ,5 0 0 -1 2 ,k 9 9
Area
Number
All mortgaged houses priced at $9,500-12,U9
percent for which initial equity was—
As percent All houses
of all mort 89,500gaged units
12,1*99
9
:
1 6 -2 5
6 -1 5
1 -5
26-35
3 6 -9 9
percent percent percent percent percent
0
Houses completed July-December 19^9, 15 metropolitan areas
Atlanta ...............
B o s t o n ......... .
Chicago ...............
C l e v e l a n d ............
Dallas ................
Denver ................
D e t r o i t ............ ..
Los Angeles ..........
Miami .................
New Y o r k ..............
Philadelphia .........
Pittsburgh ...........
San Francisco .........
Seattle ............ .
Washington, D. C ......
305
1*00
2,080
900
295
U90
3,000
1,950
560
5,620
1,685
780
1,1*00
220
1,365
18
33
39
37
11
30
29
lh
19
37
3U
50
3U
29
39
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
32
lh
8
2
25
9
17
18
(1/)
"16
22
h
3
10
18
12
8
11
11
(1/)
3U
Hi
18
37
22
8
19
38
10
26
15
21
29
22
28
23
16
9
16
22
10
19
26
36
27
ia
16
17
22
17
17
18
31
21
33
23
29
21
15
28
19
17
21
2a
2a
12
6
18
9
10
ia
17
10
6
7
11
23
9
2a
6
a
16
16
5
7
17
20
8
10
3
Houses completed October-December 1950, 10 metropolitan areas
Atlanta ••••..........
Boston ................
Chicago ...............
Dallas ................
Detroit ...............
Los Angeles ..........
New Y o r k ..............
Pittsburgh ...........
San Francisco ........
Washington, D. C ......
280
1,060
1,1*35
210
2,655
7,020
6,255
395
1,1*1*0
1,670
29
5U
30
10
39
33
U0
hi
hh
50
100
100
100
100
100
100
100
100
100
100
U8
16
(1/)
“ 7
12
1U
11
3
(1/)
~27
29
2h
29
13
18
35
lh
21
36
ao
16
30
U0
36
23
8
27
a6
15
n
8
16
ao
36
18
17
12
11
13
6
(1/)
“11
6
21
12
12
13
5
13
6
ia
16
11
(1/)
- 8
10
6
6
3
(1/)
Houses completed January-March 1951, 10 metropolitan areas
Atlanta ..............
Boston ...............
Chicago ..............
Dallas ...............
Detroit .............. .
Los Angeles ..........
New Y o r k .............
Pittsburgh ...........
San Francisco ........
Washington, D. C ......
See footnotes at end of table
165
1*20
930
175
2,810
6,075
U, 2 9 0
160
1,305
850
22
1*7
23
12
1*3
50
1*0
1*8
51
51
100
100
100
100
100
100
100
100
100
100
15
20
2a
ia
36
26
(T/)
11
16
3
10
2a
3a
-lh
lh
25
10
19
35
17
20
25
32
22
(1/)
60
19
10
6
15
10
17
20
36
52
11
23
ia
20
a
22
20
19
28
12
6
12
11
9
6
(1/)
” a
16
a
10
3
10
10
12
3
SALES HOUSING
Table 10.— New Mortgaged 1-Family Houses; Distribution by Purchase-Price Class
and Percent of Initial Equity— Continued
PART C.— INITIAL EQUITY IN HOUSES PRICED $12,500 AND OVER
New mortgaged houses
priced $1 2 , 5 0 0 and over
Area
All mortgaged houses priced $12,500 and over:
percent for which initial equity was—
As percent All houses
of all mort $1 2 , 5 0 0
gaged units
and over
Number
6-15
16-25
26-35
1-5
percent percent percent percent
0
Houses completed July-Deeember
A t l a n t a ...............
B o s t o n ................
Chicago ...............
Cleveland ........ ••••
Dallas ................
Denver ................
Detroit ...............
Los A n g e l e s .... .
M i a m i .......... ......
New Y o r k ..... ........
Philadelphia ••••.....
Pittsburgh ............
San Francisco ........
Seattle ...............
Washington, D. C ......
165
21*5
2,1*1*5
1 ,3 2 0
1*15
130
1,085
1,685
115
3,585
675
370
1 ,1 3 0
150
1,615
10
100
20
100
1*5
55
15
100
8
10
15 metropolitan areas
19h9>
100
(V)
-
(1 /)
3
(1 /)
" l*
(1 /)
100
(1 /)
a / )
100
a / )
100
(1 /)
(I/)
(1 0
8
12
100
(T/)
i*
23
ii*
2U
28
100
a / )
(
)
100
C
)
100
(i/)
(T/)
(V)
V
V
(V)
100
3
(T/)
20
100
(i/)
U6
100
(T/)
100
i*
36-99
(i/)
(V)5
a/)
a3
ia
5
3
3
(1 /)
(T/)
“ 8
(1 /)
~ 9
15
3
6
a
11
21
13
8
5
13
13
2a
13
15
30
16
10
23
19
21
15
7
28
17
2a
39
32
31*
65
63
57
56
55
11
68
1*6
12
23
36
1*2
21
1*9
32
32
25
15
29
1*9
52
26
Houses completed October-December 1950, 10 metropolitan areas
Atlanta ...............
Boston ................
C h i c a g o ....... .......
Dallas ................
Detroit ...............
Los Angeles ..........
New Y o r k ...... .......
Pittsburgh ...........
San Francisco ........
Washington, D. C ......
15
ao
100
2 ,8 7 0
60
100
510
675
2,11*5
1*,505
2
ll*5
770
280
775
1,1*65
a
100
100
(V)
(V)
(V)
(V)
(1 /)
13
(T/)
(T/)
8
(V)
” 3
(1 /)
(I/)
3
6
(V)
“ 5
10
100
10
100
29
a
2a
a3
100
6
(T/)
" 8
100
(1 /)
(1 /)
12
100
(T/)
(I/)
“ 12
7
2a
3
100
5
23
13
13
13
3
(1 /)
(V)
33
26
28
a7
23
39
ia
32
16
16
21
16
27
3
a
ai
53
56
ai
77
56
33
22
a2
27
Houses completed January-March 1951, 10 metropolitan areas
A t l a n t a ........... .
Boston ................
C h i c a g o ...............
Dallas ................
D e t r o i t .......... ••••
Los Angeles ..........
New Y o r k ...... .......
Pittsburgh ...........
San Francisco ........
Washington, D. C ......
170
h2S
2 ,6 7 0
395
1,015
2 ,0 0 0
U,095
105
665
710
2a
a7
65
26
15
17
39
31
26
a2
100
(1 /)
100
100
(T/)
~ l
100
a/)
100
(i/)
100
a/)
100
100
100
100
■ 3
(V)
(V)
(V)
(l/)
~ 6
(l/)
(V)
(V)
("/)
-
8
(1 /)
~
6
10
5
21
3
2
a
a/)
~ 6
5
17
19
19
33
26
70
39
56
50
92
77
29
62
17
11
a9
22
22
27
5
ia
15
(V)
(i/)
~ a
21
6
20
20
25
as
a
1/ Less than one percent of all purchased houses in the area.
Note: Percentage distributions are based on units for which data are known, but may not always total 100
because of rounding.
39
SALES HOUSING
Table 11*-— New 1-Family Houses Purchased: Distribution by Income Class of Purchaser,
Average Purchase Price, and Ratio of Purchase Price to Income
PART A.—
Area
Number
of new
Ail
purchased
income
houses
classes
INCOME CLASS FOR PURCHASERS OF HOUSES
Percent of purchasers in specified income class
*6,000 *7,500 *10,600
*3,000 *1*,000 *5 , 0 0 0
Under # 2 , 0 0 0
to
to
to
and
to
to
to
#2,000
over
9,999
2,999
7,1*99
3,999
U,999
5,999
Houses completed July-December 19U9 ,
Atlanta .........
Boston ..........
Chicago .........
Cleveland .......
Dallas
Denver ...........
Detroit .........
Los Angeles ••••••
M i a m i ...........
New Y o r k ....... .
Philadelphia ....
Pittsburgh .......
San Francisco ••••
Seattle .........
Washington, D. C..
1S areas combined.
1,750
1,290
5,700
2,61*0
2,795
1,715
11,225
15.1U0
3,01*0
16,31*0
5,21*5
1,705
l*,l*8o
860
3,780
77,705
100
100
100
100
100
5
3
a/)
~ 2
1
100
5
100
100
100
100
100
100
100
100
100
100
1
3
(i/)
1
1
1
2
(1 /)
<]/>
2
26
20
1*
7
2l*
17
11
16
ll*
9
ll*
18
5
12
1*
12
36
1*0
30
32
32
39
hS
h2
3h
31
1*2
29
33
35
22
36
13
15
31
21*
18
18
21*
20
26
21*
20
21*
26
27
30
23
15
Un
known
metropolitan areas
13
9
15
12
10
13
12
11
H*
H*
12
u*
H*
10
19
13
1*
5
10
10
8
5
3
2
8
6
1*
2
8
5
15
6
1
5
6
7
3
2
1
2
3
1*
2
2
6
1*
6
3
(a/)
3
1
(!/)
1*
1
2
1*
1*
1
1
(!/)
2
1
1*
2
7
1
(i/)
i*
3
2
1
9
3
3
5
1
2
1
1*
1
Houses completed October-December 1950, 10 metropolitan areas
Atlanta
Boston ...........
Chicago .........
Dallas ..........
Detroit .........
Los Angeles .....
New York ........
Pittsburgh ......
San Francisco ••••
Washington, D. C..
1,200
2,200
5,780
2,U30
8,270
22,730
17,570
1,230
3,715
3,725
100
100
100
100
100
100
100
100
100
100
2
1
1
11
3
1
11
8
7
6
3
2
1
k
(I/O
2
(a/>
3
1
1
32
22
18
28
23
30
21*
31
25
22
13
21*
28
15
30
28
25
13
26
18
6
20
17
12
13
15
15
8
17
22
6
13
12
9
8
6
8
7
13
13
11
8
11
1*
1
1*
1*
6
3
10
5
15
i*
1
12
9
10
1*
11 *
5
2
1*
8
11
0/)
2
6
31
10
6
Houses completed January-March 1951., 10 metropolitan areas
Atlanta ......... .
Boston ..........
Chicago ••••.....
Dallas ..........
Detroit .........
Los Angeles .....
New Y o r k ....... .
Pittsburgh ......
San Francisco ••••
Washington, D. C..
815
1,11*0
1*,320
1 ,6 0 0
7,215
13,01*0
12,090
380
3,300
1,71*0
See footnotes at end of table
100
100
100
100
100
100
100
100
100
100
2
1
(1 /)
1
1
2
1
(a/>
1
(2 />
13
1*
5
6
5
1*
a
8
5
3
31
22
22
21
26
3U
18
la
20
21
7
25
21*
23
31
21*
21*
30
21
28
15
18
15
15
16
17
12
6
11*
19
5
1*
17
11
9
8
11
3
12
15
8
7
H*
9
3
1*
9
(1/0
5
7
8
7
3
12
2
3
6
6
5
3
10
12
1
3
7
1*
17
5
18
1*
SALES HOUSING
Table 11.— New 1-Family Houses Purchased: Distribution by Income Class of Purchaser,
Average Purchase Price, and Ratio of Purchase Price to Income— Continued
PART B . ~ AVERAGE PURCHASE PRICE BY PURCHASERS' INCOME CLASS
Area
Average purchase price paid by buyers in specified income class
Number
All
of new
$2,000 $3,000 $b,000 $ 5 , 0 0 0
$6,000 $7,500 $10,000
Under
Un
houses income
to
to
to
to
to
and
to
known
purchased classes $2,000
over
2,999
3,999
h ,9 9 9
5,999
7,U99
9,999
_ J Z _
Houses completed July-December 19 k 9 > 15 metropolitan areas
Atlanta ..........
Boston
Chicago • ......
Cleveland
Dallas ..........
D e n v e r ........ .
Detroit • ••».....
Los Angeles ......
Miami ...........
New Y o r k ....... •
Philadelphia .••••
Pittsburgh ......
San Francisco • •••
S e a t t l e ..... ....
Washington, D. C##
15 areas combined.
1,750
1,290
5,700
2,62*0
2,795
1,715
11,225
15,12(0
3,01*0
16,32(0
5,2U5
1,705
2(,1(80
860
3,780
77,705
$8,6U5
11,100
13,160
ll(,595
9,300
10,057
9,680
9,820
8,155
11,670
10,1(50
11,570
12,005
11,895
13,160
10,905
$5,055
9,030
—
10,730
3,390
9,U30
7,685
10,505
—
10,135
6,U80
11,250
io,l(55
$6
,7 9 0
9 ,6 6 0
11,720
12,1(00
6,U70
9,H(0
7,895
8,765
6,2U5
8,615
8,91(0
10,725
9,390
8 ,5 6 0
—
9,525
11,965
8,560
$8,135
9,850
10,980
12,085
6,875
9,125
8 ,9 0 0
8,625
6,71(5
9,1(90
9,1(10
11,080
10,155
9,1(30
10,890
9,21(0
$9,300 $1 0 , 6 2 0 $1U,8U5 $13,190 $
« $12,800
10,750 12,020 lb,210 15,730 2 b , 6 0 0
11,890 12,815 16,250 18,325 29,b70
8,900
ll(,3l(0 15,555 17,b55 18,635 26,710 15,635
9,725
9,535 11,210 1U,380 20,300 2b,990
9,9UO 11,210 12,395 17,060 20,bb0
9,920 11,1(50 10,380 13,5b5 19,950
8,9b5
9,625 10,915 12,115 10,515 22,885 10,725
~
8,01(0
9,670 10,985 13,670 19,505
10,1(90 12,770 12,725 17,700 22,720 12,b25
10,625 11,100 13,590 lb,800 20,935 1 2 , 6 0 0
10,61(5 13,815 13,825 15,375 15,500 11,995
11,1(55 12,670 17,14(5 15,715 20,365 I5,9b5
9,0b0
11,575 15,295 lb,015 ll,8o5 25,860
12,090 13,665 lb,220 17,860 2b,385 15,905
10,570 12,115 13,935 16,385 22,985
—
Houses completed October-December 1950, 10 metropolitan areas
Atlanta .........
B o s t o n ..... ..
Chicago .........
D a l l a s ......... .
Detroit .........
Los Angeles ••••..
New York ........
Pittsburgh.... .
San Francisco ....
Washington, D. C.«
1 ,2 0 0
1 1 ,3 2 0
2 ,2 0 0
13,390
lb,bb0
11,115
10,595
5,780
2,b30
8,270
22,730
17,570
1,230
3>7b5
3,725
6,825
1 0 ,1 8 0
1 1 ,6 3 0
—
5,770
—
9,360
9,290
10,150
lo,6bo
13,b95
1 6 ,5 0 0
1 0 ,0 5 0
12,185
12,bl0
7,325
10,9b5
15,875
6,555
8 ,8 0 0
8 ,5 2 0
8 ,8 6 0
8 ,8 7 5
8,195
9,735
8,725
1 1 ,2 3 0
1 1 ,8 3 0
8,085
9,030
8,720
9,616
10,130
10,b85
1 0 ,6 6 0
13,395
11,565
12,750
9,b85
1 0 ,2 3 0
9,9b0
10,187
10,715
11,255
11,835
10,7b5
ll,b95
1 2 ,5 3 0
1 6 ,2 1 0
1 3 ,2 0 0
1 6 ,1 8 0
1 0 ,9 b 0
10,390
1 0 ,boo
12,133
12,775
ll,b05
13,055
13,605
ll,b8 0
1 1 ,2 b0
lb,b89
15,850
b,86o
lb, 160
11,925
19,605
17,710
17,900
1 2 ,0 0 0
I6 ,bb0
I6,3b6
16,550
13,955
1 6 ,7 6 0
31,985
22,205
26,750
22,735
23,885
2 1 ,1 8 0
2b, 759
—
26,250
22,760
1 1 ,5 8 0
11,390
17,655
12,795
1 1 ,0 2 0
9,205
11,269
13,920
12,135
15,565
Houses completed January-March 19$1, 10 metropolitan areas
Atlanta .........
Boston .••••••••••
Chicago .........
Dallas ..........
D e t r o i t ..... ..
Los Angeles ••••..
New York .........
Pittsburgh ......
San Francisco ••••
Washington, D. C..
815
l,lb0
b,320
1 ,6 0 0
7,215
13,0b0
12,090
380
3,300
1,7b0
10,365
lb, 095
lb,590
ll,b05
6,b75
13,bOO
11,115
8 ,8 5 0
ll,b25
12,695
12,230
12,635
13,b20
10,620
9,250,
—
b,b70
—
9,200
6,220
12,070
11,930
5,965
9,205
9,830
9 ,6 6 0
9,760
9,b30
11,290
8,530
ll,b65
11,830
8,070
9,585
10,015
10,bl5
9,095
11,925
12,290
9,355
10,215
10,265
10,655
13,015
15,300
10,b35
1 1 ,0 6 0
1 0 ,boo
1 2 ,6 1 0
10,b90
10,265
10,835
12,150
12,b20
lb , 6 9 0
12,b20
13,020
1 0 ,6 9 0
1 0 ,8 6 0
13,770
1 6 ,9 b 0
17,785
12,bOO
12,305
13,230
lb,095
13,8b5
lb,bo5
15,890
1 5 ,obo
18,530
17,255
lb,085
15,335
18,125
16,695
—
16,275
18,8b0
17,775
16,625
25,225
2b,790
2b,015
2b, 690
18,500
23,795
22,570
30,750
8,330
20,920
15,000
1 6 ,0 0 0
17,605
15,030
13,910
11,575
27,275
15,0b0
See footnotes at end of table*
ill
SALES HOUSING
Table 11*— New 1-Family Houses Purchased: Distribution by Income Class of Purchaser,
Average Purchase Price, and Ratio of Purchase Price to Income— Continued
PART C.—
Area
RATIO OF PURCHASE PRICE TO INCOME
Number
of new
houses
purchased
%]
Ratio of purchase price to income for specified income class
All
income
classes
$2,000
to
___ 2 * 9 9 9
$3,000
to
___ 3a 999
$1*,000
to
U.999__
$6,000
l5,ooo
to
to
5.999__ 1 7.1*99 _
$7,500
to
9.999 _
Houses completed July-December 19l*9, 15 metropolitan areas
Atlanta ....................
B o s t o n ....................
Chicago T, T T._ .........
Cleveland ..................
Dallas .....................
D e n v e r ........ ............
Detroit ....................
Los Angeles ................
M i a m i ......... ............
New York ...................
Philadelphia ..............
Pittsburgh..... ...........
San Francisco .............
Seattle ....................
Washington, D. C ..... .
15 areas c o m b i n e d .........
1*750
1,290
5, 700
2,61*0
2,795
1,715
11,225
15,11*0
3,01*0
16,31*0
5,21*5
1,705
U,l480
860
3,780
77,705
2.3
2.7
2.7
3.1
2.2
2.5
2.L
2.1i
1.9
2 .1*
2 .5
2.8
2.6
2.6
2.6
(U/)
2.7
3.9
I4 . 7
5.0
2.6
3.7
3.2
3.5
2.5
3.5
3.6
1*.2
3.8
3.1i
1 4 .8
3.U
2.3
2.8
3.X
3.5
2.0
2.6
2.5
2.5
1.9
2.7
2.7
3.2
2.9
* 2.7
3.1
2.6
2.1
2 .It
2.6
3.2
2.1
2.2
2.2
2.1
1.8
2.3
2.U
2.14
2.5
2.6
2.7
2.1*
1.9
2.2
2.3
2.8
2.0
2.0
2.1
2.0
1.8
2.3
2.0
2.5
2.3
2.8
2.5
2.2
2.2
2.1
2.1*
2.6
2.1
1.8
1.5
1.8
1.6
1.9
2.0
2.1
2.6
2.1
2.1
2.1
1.6
1.8
2.1
2.1
2.3
2.0
1.6
1.2
1.6
2.0
1.7
1.8
1.8
1.7
2.0
1.9
Houses completed October-December 1950, 10 metropolitan areas
Atlanta ....................
Boston .....................
Chicago ....................
Dallas .....................
Detroit ....................
Los Angeles ........ ........
New York ...................
Pittsburgh .................
San Francisco .............
Washington, D. C. •«••«•••••
1,200
2,200
5,780
2,1430
8,270
22,730
17,570
1,230
3,7U5
3,725
2.2
2.6
2.6
2.2
2.2
2.2
2.2
2.5
2.3
2.U
2.9
W*
6 .I4
2.6
3.5
3.ii
3.6
3.6
3.3
3.9
2.5
3.2
3.U
2.3
2.6
2.5
2.7
2.9
3.0
3.0
3.0
2.6
2.8
2.1
2.3
2.2
2.3
2.14
2.5
2.6
2.0
2.3
2.1i
2.0
1.9
1.9
2.2
2.3
2.1
2.1*
1.7
2.1*
2.1*
2.0
1.7
1.7
2.1
2.3
1.8
2.1
1.1*
2.2
2.0
2.0
1.1*
1.9
1.9
1.9
1.6
1.9
Houses completed January-March 1951, 10 metropolitan areas
Atlanta ....................
Boston .....................
C h i c a g o ...................
D a l l a s .......... ..........
Detroit ................... .
Los Angeles ................
New York ...................
Pittsburgh ......... ........
San Francisco .............
Washington, D. C ...........
815
1,11*0
1*,320
1,600
7,215
13,11*0
12,090
380
3,300
1,71*0
2.2
2.7
2.7
2.0
2.3
2.1*
2.U
2.9
2.14
2.6
3.3
1*.8
i*.8
2.1*
3.7
3.9
3.9
3.9
3.8
14.5
2.1*
3.3
3.14
2.3
2.7
2.9
3.0
3.0
3.0
2.9
2.0
2.7
2.7
2.1
2.3
2.3
2.5
2.8
2.14
2.7
1.9
.I4
2.8
1.9
1.9
2.0
2.3
2.7
2.3
2.1*
2
2.0
2.5
2.6
1.8
1.8
2.0
2.1
2.1
2.1
2.1*
1.7
2.1
2.0
1.6
1.8
2.1
1.9
—
1.9
2.2
Less than 1 percent of all purchasers of new houses in the area,
2/ Represents the average purchase
price for all purchasers, including those who did not report incomes,
2 / The ratio for ”A11 purchased
houses” is based on the average annual income for home-buying families in income classes of less than
$10,000, and the average purchase price of houses bought b y these families. The ratio for an income class
is based on the mid-point of the class, and the average purchase price of houses bought by persons in the
income class,
( J Not available.
See text, footnote?.
l /
Note:
Percentage distributions may not always total 100 because of rounding.
1r
SALES HOUSING
Table 12.— New Mortgaged 1-Family Houses:
Houses Completed July-Becember
Average Purchase Price by Veteran Status and l^pe of Mortgage
15 Metropolitan Areas
\9h9,
Average purchase price of mortgaged houses bought by—
Area
Number
of new
All
mortgaged
houses purchasers
Atlanta
Boston ..........
Chicago .........
Cleveland ......
Dallas .........
Denver ..........
Detroit .........
Los Angeles •••••
Miami ............
New York ..••••••
Philadelphia ....
Pittsburgh .....
San Francisco •.•
Seattle ....... .
Washington, D. C.
1,7X0
1,215
5,380
2,110
2,700
1,615
10,530
111,120
2,885
15,310
8,960
1,555
8,095
750
3,520
World War II Veterans, with —
All others, with —
F.H.A.-V.A. F.H.A.
Uninsured
F.K.A.
Uninsured
V.A.
(conventional) insured (conventional)
guaranteed combination insured
mortgage
mortgage
mortgage
mortgage
mortgage
mortgage
#8,510
10,980
12,990
111, 385
9,180
9,750
9,508
9,895
7,930
11,305
10,315
11,310
11,700
11,136
12,865
#8,225
9,810
11,800
13,155
6,810
9,080
8,590
# 8,610
# 9,080
#7,785
# 1 1 ,5 1 0
8,700
10,805
10,000
13,070
13,10 0
10,680
18,670
15,56 0
11 ,9 1 0
9,575
8,280
6,860
10,110
9,385
10,665
11,635
6,765
8,265
10,275
9,180
10,815
9,910
8,820
11,10 0
11,180
11,685
11,675
7,180
9,185
8,600
10,250
li,055
9,980
10,925
8,805
9,160
10,585
10,380
13,195
9,665
15,125
13,925
15,795
17,055
16,565
10,965
11,180
#8,005
12,290
1 8 ,13 5
16,635
13,910
11,550
13,070
11,165
9,985
8,730
9,875
10,915
10,680
10,730
12,300
10,780
18,085
(i/)
15,0 8 5
13,265
15,870
13,880
10,900
18,290
11,8 2 0
13,505
18,275
15,230
12,795
16,835
17,075
17,155
1/ Less than one percent of all new houses purchased in the area were in this category.
Note: For the 15 areas combined, the average purchase price of all new houses bought (mortgaged and unmort
gaged) was $10,900. World War II Veterans bought 66 percent of all new houses purchased; the average pur
chase price for this group was $9>9li5* For all other purchasers, the average purchase price was $12,835*
In the 15 areas as a whole, mortgage financing was used by 93 percent of the purchasers. See ’’Note” to
table 14 for percentage distribution of all houses purchased, by veteran status and type of financing*
Table 13.— New Mortgaged 1-Family Houses: Average Amount of Mortgage and Average Monthly Mortgage Payment
Houses Completed July-December 19U9* 15 Metropolitan Areas.
Average amount of
mortgage
Area
Total
A t l a n t a ....... . •
B o s t o n ..... • ••••
Chicago .........
Cleveland ...... .
Dallas ........ .
D e n v e r .... ......
Detroit ..........
Los Angeles ..••••
Miami ...........
New York ........
Philadelphia .•.• •
Pittsburgh ......
San Francisco ••••
Seattle ......... .
Washington, D. C..
15 areas combined.
1 / Not available.
#7,560
7,960
8,970
8,795
7,210
8,505
7,905
7,980
7,270
8,975
8,280
8,305
8,970
8,265
10,175
8,810
First
only
Second
only
#6,950
#1,860
1,770
1,795
2,110
1,055
1,595
1,515
1,555
1,825
1,565
1,670
1,700
7,920
8,600
8,820
6,730
7,710
7,780
7,315
6,710
8,225
7,815
7,805
8,190
8,230
9,585
7,880
1,860
1,700
2,070
1,585
Houses financed
by second mortgage
Average monthly
Average
mortgage payment on—
purchase
As
Houses
price of
All new bought by Houses
Average
percent
all new
bought
Number
of all purchase mortgaged mortgaged
World
by all
houses
mortgaged price
War II
houses
others
houses
Veterans
715
25
1,0 95
815
1,285
8o5
1,18 0
5,685
1,135
7,185
2,565
815
2,175
15
1,080
26,095
U2
2
20
17
U6
50
11
ho
39
1*7
52
52
53
2
31
36
#7,855
8,730
10 ,6 15
11,785
7,135
9,810
8,900
8,975
8,355
10,885
9,130
10,815
9,955
ll,8oo
12,325
(1/)
# 6 ,510
10,980
12,990
18 ,385
9,180
9,750
9 ,510
9,895
7,930
11,30 0
10 ,3 15
1 1 ,3 1 0
11,700
11,135
12,665
151.35
50.70
63.25
60.85
85.95
51.15
87.8o
85.75
85.10
56.82
50.75
52.55
58.35
55.90
62.75
52.50
#89.80
#58.90
50.60
58.05
59 .35
88.80
50.60
86.35
80.80
50.80
69.00
62.05
50.55
83.90
53.85
50.25
58.25
56.05
50.85
61.25
89.50
58.15
51.25
60.85
51.25
61.8 0
52.05
88.25
63.80
62 .25'
67.00
59.25
See text, footnote 2
U3
SALES HOUSING
Table lit•— New Mortgaged 1-Family Houses: Average Duration of Mortgage and Average Interest Rate,
by Type of Mortgage, Houses Completed July-December 19U9> 15 Metropolitan Areas
I^pe of mortgage on new houses purchased by—
World War II veterans
All types of V.A.
F.H.A.-V.A.
mortgages
guaran- combination
teed
First Sec
First Sec
ond
ond
Area
1/
Other veterans and nonveterans
F.H.A.
insured
1/
Uninsured
All types of
mortgages
First Sec
ond
First
Sec
ond
F.H.A.
insured
1/
Uninsured
First
Sec
ond
Average duration of mortgage (years)
Atla nta ••••••••«••
Poston ••••••••••••
Chicago •••••••••••
Cleveland •••••••••
Dallas ••••••••••••
Denver • • • .........
Detroxt •••■•••••••
Los Angeles .......
New York ..........
Philadelphia ••••••
Pittsburgh ........
San Francisco ....
Washington, D. C. •
1 5 areas combined •
2 2 .2
2 0 .7
2 1 .2
2 1 .2
23.14
214-3
2 3 .8
2 2 .7
2U .6
2 3 .8
2U.U
2 3 .2
2 3 .0
2 2 .3
2 3 .1
2 2 .0
1 8 .1
2 0 .0
2 1 .2
2 1 .1
1U .7
2 3 .1
2 1 .0
2 0 .1
1 1 .6
2U .2
2U .6
2 3 .9
2 3 .8
1 7 .5
2 0 .3
2 1 .2
2 2 .u
2 1 .0
2 1 .8
2 1 .2
2 3 .7
2U.U
2U.U
2U .0
2U .9
2 3 .6
2 5 .0
2 2 .2
2 2 .5
2 3 .0
2 2 .U
(2 /)
2 3 .2
2 0 .0
23*3
2 3 .6
2U .0
2U .5
2U .6
2 3 .8
2U .3
2U .3
2U .8
2 3 .9
2U .3
2 2 .5
2U .6
(2 /)
1 8 .8
2 0 .0
2 1 .9
2 1 .5
1U .7
23.U
2 1 .0
2 0 .6
1 1 .6
2U .3
2U .7
2 3 .9
2 3 .9
1 7 .5
2 0 .8
(2 /)
23.U
2 0 .0
2 0 .9
2 0 .6
2 2 .5
2 3 .6
2 3 .7
2 1 .8
2U .6
2 1 .7
2 3 .6
2 3 .8
2 1 .3
2 2 .5
23.U
(2 /)
1 5 .8
1 7 .0
1 7 .1
1 7 .8
1 7 .5
1 2 .7
5 .0
1 5 .0
-
-
11. s
1 7 .2
lU.U
1 0 .7
-
•
1 6 .2
1 8 .3
1 6 .3
16.U
1 7 .9
1 7 .8
(2 /)
2 0 .9
-
1 0 .3
(2 /)
1 9 .7
1 7 .5
9 .0
2 0 .2
- 1 8 .6
5 .0
2 1 .9
1 2 .5
2 3 .3
3 .0
2 3 .7
2 3 .1
1 1 .5
2 2 .2
9 .8
•» 2 1 .7
. - 2 3 .9
- 2 1 .6
2 2 .U
3 .5
- 2 2 .2
2 2 .2
7 .7
(2 /)
(2 /)
1 5 .1
1 7 .5
1 7 .7
1 6 .2
1 9 .7
1 9 .5
2 1 .1
1 6 .8
2 0 .7
2 0 .2
2 2 .1
1 8 .7
1 9 .7
1 8 .9
20.U
(2 /)
1 1 .3
5 .3
U.U
U .8
U .7
U .7
U .9
U .7
5 .3
U .5
U .6
U .7
U .8
U .6
U .8
U .6
(2 /)
5 .9
-
13. u
1 7 .5
1 6 .3
1 5 .7
16. U
1 5 .3
1U .9
1U .0
9 .6
1 7 .0
1 7 .1
1 5 .1
1U .9
1 2 .7
1 7 .5
(2 /)
1 1 .3
5 .5
U .5
U .9
U .7
5 .1
5.U
5 .1
5 .7
U .8
U .7
5 .1
5 .2
U .8
5 .3
U .8
(2 /)
5 .9
-
9 .0
-
5 .0
1 2 .5
3 .0
1 1 .5
9 .8
-
3 .5
-
7 .7
(2 /)
Average interest rate
Chicago •••••••••■•
Cleveland .........
Denver ............
Detroit ...........
Los Angeles .......
i4.i1
u .o
14.5
14.2
I4.O
14.1
U .o
U .o
U .o
U .o
U .i
U .o
U .o
U .o
U .o
U .o
U .o
U .i
U .I
u.u
u.14
i4.a
14.2
14.3
14.3
u.u
Philadelphia ......
Pittsburgh ........
San Francisco ....
14.5
i4.s
14.5
u.u
Washington, D# C. ,
15 areas combined •
14.3
u.5
1 / First mortgage only,
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
2 / Not available.
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .o
U .5
U .o
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
5 .5
U .5
U .9
U .7
U .7
5 .7
-
-
U .7
U.O
-
5 .8
5 .0
5 .0
5 .7
-
-
U .5
5 .1
U .9
U .i
5 .3
U .7
(2 /)
U .5
-
5 .8
(2 /)
-
5 .0
-
5 .5
6 .0
5 .0
6 .0
5 .0
-
5 .7
-
5 .9
(2 /)
U .5
U .3
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
U .5
(2 /)
-
5 .0
-
5 .5
6 .0
5 .o
6 .0
5 .0
-
5 .7
-
5 .9
(2 /)
See text, footnote 2s,
Note: For the 15 areas combined, the following shows the distribution of all purchased houses (mortgaged
and unmortgaged) by veteran status of purchaser and b y type of financing:
Percent
All new houses purchased
Percent purchased b y —
U q t* T T
U 'o + .o r a n c
\JL. —.fin a r , nrvf\p>pri mrs Y*+.era
IT U A— A n n m W n a f i n n
Percent purchased by—
.................................................... ...... ...
....................... . . .
m ftr + .ffflc r o
66
33
19
15
13
5
.......................................
33
FHA-insured mortgage ....................
Uninsured mortgage ......................
Unmortgaged (100 % initial equity) ....
5
http://fraser.stlouisfed.org/ I *
Federal Reserve Bank of St. Louis
Percent
............................................................
8
Unmortgaged (100 % initial equity) ...
SA LES HOUSING
Table 15.— New Mortgaged 1-Family Houses:
Houses Completed July-December
Source of Down Payment and Average Amount of Initial Equity
15 Metropolitan Areas
19h9,
Percent of mortgaged
Average initial
houses for which source equity in all
of down payment was—
mortgaged houses
Houses bought without
a down payment
Number
of new
mort
gaged
houses
Area
Atlanta ...............
B o s t o n ..............
Chicago ..............
Cleveland ............
Dallas ................
Denver ................
Detroit .... ..........
Los Angeles ..........
Miami .................
New Y o r k ....... ••••••
Philadelphia .........
Pittsburgh ...........
San F r a n cisco ........
Seattle ..............
Washington, D. C ..... .
15 areas combined .....
Number
1,710
975
280
1,215
5,380
160
2,1*10
65
2,700 1,1*35
1,615
335
10,530 3,780
111,120 5,285
2,885 1,125
15,310 3,1*35
it,960 1,61*0
105
1,555
370
U,095
750
115
3,520
585
72,755 19,680
As per
cent
of all
mort
gaged
houses
57
23
3
3
53
21
36
37
39
22
33
7
9
15
17
27
As percent of
mortgaged houses
Borrow
bought by—
Savings ing and
Other
other
World
veterans
sources
War II and non
veterans veterans
70
36
5
3
72
35
50
50
U6
3h
hi
7
(1/)
(2/)
3
5
Q/)
(pO
2
9
<S0
(SO
(So
10
29
22
38
6
(1/)
(p o
2
1/ Less than one percent of all new houses purchased in the area.
36
65
69
88
1*1
62
59
51*
61
63
51*
85
81*
80
78
(2/)
Unknown
h
3
13
5
8
3
$91*5
3,020
It,020
5,550
1,970
1,21*5
1,605
1,550
660
2,330
2,035
3,005
2,730
2,875
2,690
2,220
(1 /)
i
i
7
3
1
h
1
(,1 /)
(l/)
7
8
6
h
3
2
(2/)
8
5
3
2
2
2
(2/)
16
(1/)
2/ Not available.
As per
cent of
Amount average
purchase
price
11
28
31
39
21
13
17
16
8
21
20
27
23
26
21
21
See text, footnote 3.
Table 16.— New Mortgaged 1-Family Houses: Source of First-Mortgage I/aan
Houses Completed July-December 19h9, 15 Metropolitan Areas
Area
A t l a n t a ....... .
B o s t o n ......................
Chicago .....................
Cleveland .......... ........
Dallas .......................
Denver .......... ............
Detroit .....................
Los Angeles ...........••••••
Miami ••••••....... .........
New Y o r k ........... ........
Philadelphia ................
Pittsburgh ..................
San Francisco ...............
Seattle •• •..................
Washington, D. C............
15 areas combined ..........
Number
of new
mortgaged
All
sources
houses
1 ,7 1 0
1 ,2 1 5
5 ,3 8 0
2,1*10
2 ,7 0 0
1 ,6 1 5
1 0 ,5 3 0
11*, 120
2 ,8 8 5
1 5 ,3 1 0
1*,960
1 ,5 5 5
1*,095
750
3 ,5 2 0
7 2 ,7 5 5
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
Percent of mortgaged houses for which source
of first-mortgage loan was—
Mortgage
company
39
(l/)
31
9
55
55
65
16
95
7
U7
55
10
23
52
31
Bank
20
88
3h
53
3
10
18
18
3
81
la
19
57
22
23
37
1 / Less than one percent of all new houses purchased in the area.
Savings
Insurance
Individual
and loan
company
association
29
6
22
17
6
23
h
hi
1
7
2
21
h
Hi
6
15
6
6
h
15
27
9
9
13
(1 /)
5
7
(]/)
21
33
15
10
3
(i / )
li
6
5
3
li
h
(£ /)
(£ /)
3
3
2
7
2
3
Other
and
Unknown
3
(2 />
5
(i/)
it
0 /)
(i/)
8
(P 0
1/
(p o
1
6
(i/)
2
li
SALES HOUSING
Table 17.— New Mortgaged 1-Family Houses: Average Purchase Price and Ratio of
Mortgage Amount to Purchase Price, by Income Class of Purchaser
Houses Completed July-December I9U9, 15 Metropolitan Areas
Area
All new
mortgaged
houses
Income of purchasers of new mortgaged houses
Under
Number
Per
cent
$2,000
*2,000
*3,000
*l*,ooo
*5,000
*6,000
$7,500
to
to
to
to
to
to
2,999
3,999
l*,999
5,999
7,1*99
9,999
$10,000
and
over
Unknown
income
or mort
gage
amount
Percent of purchasers of new mortgaged houses in income group
Atlanta ...............
Boston ................
Chicago ...............
Cleveland ............
Dallas ................
D e n v e r .......... .
Detroit ...............
Los Angeles ..........
Miami .................
New Y o r k ..............
Philadelphia .........
Pittsburgh ...........
San Francisco ........
Seattle ...............
Washington, D* C* ••••
1 5 areas combined ••••
1,710
1,215
5,380
2 ,1*10
2,700
1,615
10,530
lit, 120
2,885
15,310
It, 960
1,555
1*,095
750
3,520
72,755
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
5
U
1
2
1
1*
1
2
(i/)
(T/)
“ 1
26
36
111
20
1|0
3
31
33
32
15
33
2li
6
2ii
17
12
17
15
1
1
10
111
16
h
(l/)
Hi
<T/>
1
18
18
111
23
U5
lili
35
33
lili
30
3U
38
k
22
12
37
20
27
25
20
26
26
26
31
2U
12
8
13
13
10
13
12
10
12
111
12
111
111
11
19
13
1
5
5
9
5
6
6
11
8
(1 /)
~ 3
3
2
2
2
2
2
1
6
2
3
1
1
2
2
5
3
2
8
6
3
1
1
li
1
8
5
15
5
3
(1 /)
~ 3
3
6
1
6
3
3
1
(1 /)
~ 1
2
1
(1 /)
~ 1
1
(1 /)
~ 3
2
10
5
(i/)
1
2
Average purchase price of new mortgaged houses
Atlanta ...............
Boston ................
Chicago ..............
Cleveland ............
Dallas ................
Denver ................
Detroit ..............
Los Angeles ..........
M i a m i .................
New York .............
P h i l a d e l p h i a .... .
Pittsburgh ...........
San Francisco ........
Seattle ...............
Washington, D. C ......
15 areas combined ••• •
18,510
*5,055
10,980
9,030
12,990
llt,3U5
9 ,180
9 , ISO
9,510
9,1*95
7,930
11,305
10,315
11,310
12,lt00
13,1*75
3,315
8,380
9,865
9,200
—
_
7,250
11,700
11,135
12,865
13,160
10,200
__
—
10,602
9,035
*6,81*5
9,530
11,565
11,385
6,1*15
9,065
7,895
8,870
6,21*5
8,580
8,765
10,655
8,1*75
8,560
10,590
8,51*5
*8 ,19 5
9,770
10,985
11,950
6,81*0
9,125
*9,300 *1 0 ,2 1 5 *11*,81*5 *13,900
*12,800
10 ,830 11,11*0 ll*,210 15 ,7 3 0 *26,250
11,8 9 0 12,1*35 16,210 18 ,3 2 5 30,1*85 16,155
1 3 ,9 1 5 15,555 17,61*0 19 ,7 1 0 25,150 11*,870
9,560 10,980 11*,550 20,520 22,1*25 20,795
9,570
9,665
9,665
8,800
8,580
10,785
11,01*0
6,755
9,1*75
8,01*0
10,635
9,595
10,335
12,350
9,1*00
10,1*10
10,71*5
9,525
9,31*5
10,775
9,155
10,61*5
11,235
11,065
13,570
12,625
11*,795
13,1*85
11,835
11,080
12,050
10,1*1*0
11,130
10,380
12,115
10,81*5
12,725
13,130
12,150
17,260
13,21*5
13,950
13,780
16,1*90
13,51*5
9,820
20,550
21,325
21,855
—
7,595
ll*,l*60
16,230
15,600
15,000
16,810
13,1*00
—
22,985
23,580
12,600
H*,325
12,1*25
17,715
15,990
20,095
29,575
13,605
23,1*50
23,1*00
18,350
—
12,U75
12,060
—
—
Average amount of mortgage as percent of average purchase price
Atlanta ...............
Boston ................
C h i c a g o .......... .
Cleveland ............
Dallas ................
D e n v e r ................
Detroit ..............
Los Angeles ..........
M i a m i .................
New Y o r k ......... .
P h i l a d e l p h i a .........
Pittsburgh ...........
San F r a n c i s c o ........
Seattle ..............
Washington, D. C ......
15 areas combined ••••
89
72
70
61
81
87
83
8U
91
79
80
75
77
7h
92
65
2U
65
77
8ii
60
67
—
—
97
66
77
80
—
—
79
63
96
7ii
92
60
77
65
95
92
87
91
97
88
85
78
66
95
89
9U
83
99
89
89
70
82
85
79
86
80
88
86
85
87
1 / Less than 1 percent of a l l new houses purchased in the area*
http://fraser.stlouisfed.org/ 1.6
Federal Reserve Bank of St. Louis
92
78
73
66
78
89
8U
8U
9U
81
80
81
81
77
83
81
89
70
67
63
77
83
7li
81
89
75
77
63
73
58
78
75
61
78
—
71
6ii
53
60
75
83
71
82
75
71
39
6I1
6 I1
3k
60
72
75
69
111
51
50
58
63
59
51
52
61
66
73
ei
85
73
68
61
29
6I1
57
50
65
72
76
79
69
76
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
SA LES HOUSING
Table 18.— New Mortgaged 1-Family Houses: Income Class of Purchaser, by Average Amount of
Mortgage, Ratio of Mortgage Amount to Income, and Ratio of Mortgage Payment to
Income— Houses Completed July-December 19li9, 15 Metropolitan Areas
Area
Income cla s s fo r purchasers of mortgaged houses
All
mort
Under # 2 ,0 0 0 # 3 ,0 0 0 # a ,o o o # 5 ,o o o # 6 ,0 0 0 ♦ 7 ,5 0 0 H o ,o o o
gaged
All
to
Unknown
to
to
to
to
and
to
houses cla sse s # 2 ,0 0 0
over
2 ,9 9 9
3 ,9 9 9
a , 99 9
5 ,9 9 9
7 ,a 9 9
9 ,9 9 9
Average amount of to ta l mortgage 1 /
Number
1 ,7 1 0
A t l a n t a ...................... ..
Boston ............................... 1 , 2 1 5
5 ,3 8 0
C h icag o .................. ....
2,1*10
Cleveland
2 ,7 0 0
D a l l a s ...................... ..
Denver ............................... 1 ,6 1 0
D etroit ............................. 1 0 ,5 3 0
Los Angeles .................. .. 11*, 1 2 0
M iami............................. ..
2 ,8 8 5
New Tork ........................... 1 5 ,3 1 0
Philadelphia .................. 1*,960
Pittsburgh ...................... 1 , 5 5 5
San Francisco ................ a , 0 9 5
S e a ttle .............................
75 0
Washington, D. C. . . . . 3 ,5 2 0
1 7 ,5 6 0 # a ,6 3 0
7 ,9 6 0 5 ,8 8 5
8 ,9 7 0 3 ,0 0 0
8 , 7 9 5 8 ,7 5 0
7 ,2 1 0 2 ,5 5 5
8 , 5 0 5 7 ,0 5 0
7 ,9 0 5 5 ,9 3 5
7 ,9 a o 6 , 2 0 0
7 ,2 7 0
(2 /0
8 ,9 7 5
(£/)
8 , 2 8 0 7,7500
8 ,3 0 5 9 ,0 0 0
8 ,9 7 0 7 ,8 3 5
8 ,2 6 5
(2 /)
1 0 ,1 7 5
(2 /)
# 6 ,5 3 5
7 ,0 7 0
6 ,8 8 5
7 ,5 2 5
6 ,0 9 0
8 ,0 6 5
7 ,a o o
7 ,3 3 0
6 ,1 5 5
7 ,6 5 0
7 ,7 6 5
7 ,a 9 5
6 ,9 7 5
7 ,3 0 0
8 ,a io
# 7 ,5 5 0
7 ,8 0 0
8 ,a io
7 ,7 8 5
6 ,a 7 0
8 ,a io
7 ,6 3 0
7 ,7 6 5
6 ,5 6 0
8 ,3 8 0
7 ,9 8 0
8 ,3 a o
8 ,3 7 0
8 ,0 0 0
9 ,1 2 5
# 8 ,5 7 5
8 ,a 7 0
8 ,7 2 0
9 ,2 3 5
7 ,a 3 5
8 ,5 2 0
8 ,1 0 0
8 ,1 5 0
7 ,5 1 5
8 ,a o 5
8 ,3 0 5
8 ,6 6 5
9 ,0 9 5
8 ,5 6 0
9 ,9 7 5
# 9 ,o a o
7 ,7 7 0
8 ,3 3 5
9 ,7 8 0
8 ,a o o
8 ,9 3 5
8 ,1 0 0
8 ,5 9 0
8 ,5 a 5
9 ,3 0 0
8 ,a 7 5
8 ,7 2 5
9 ,2 a 5
8 ,5 2 0
1 0 ,a 6 0
# 9 ,U 5 # 1 0 ,9 0 0
1 0 ,0 9 0 i o ,o a o
1 0 ,3 1 0 1 1 ,6 6 5
9 ,9 a o
9 ,3 1 5
8 , 7 9 0 1 3 ,2 9 0
8 ,3 9 5 1 1 ,8 2 5
8 ,5 8 0 io ,2 a 5
7 ,7 8 0
8 ,6 a 5
8 ,9 a o
9 ,9 6 5
9 ,a 9 0 1 2 ,3 5 0
9 ,3 0 5
6 ,3 8 5
a , 7 5 0 1 1 ,0 0 0
1 0 ,3 9 0
9 ,5 6 5
9 ,a 7 0 1 0 ,5 2 5
1 0 ,5 1 0 1 2 ,9 3 0
(2 /)
# 8 ,3 8 0
1 5 ,6 8 5
1 2 ,6 2 0
1 2 ,9 6 5
1 3 ,0 0 0
1 2 ,6 3 5
1 1 ,1 1 5
8 ,7 2 0
i a ,0 7 5
1 5 ,a 5 0
(2 /)
1 2 ,2 9 5
8 ,5 0 0
1 5 ,0 0 0
# 6 ,9 0 0
(2 /)
(2 /)
7 ,7 H 5
6 ,a o o
(2 /)
7,1*00
1 2 ,0 0 0
(2 /)
8 ,5 0 5
8 ,7 1 5
7 ,8 6 5
8 ,8 7 0
(2 /)
1 1,800
Ratio of to ta l mortgage amount to income 3 /
Atlanta .............................
B o sto n ...............................
Chicago .............................
Cleveland . . . . . ..............
Dallas ............................. ..
Denver ...............................
D etroit .............................
Los Angeles ....................
M iam i.................................
New Y o r k ...........................
P h ila d e lp h ia ..................
P itts b u rg h .................... ..
San Francisco ................
S e a ttle .............................
Washington, D. C............
1 5 areas combined . . . .
2.0
2.0
1 .9
1 .9
—
—
—
—
—
—
—
—
—
—
—
—
(V)
—
—
1. 9
1 .8
2. 2
2.0
2. 0
1. 7
2. 0
2.0
2.1
2.0
2.0
2 .6
2 .8
2 .8
3 .0
2.1i
3 .2
3 .0
2 .9
2 .5
3 .1
3 .1
2 .9
2 .8
2 .9
3.1i
2 .9
2 .2
2 .2
2.1|
2 .2
1 .8
2 .U
2 .2
2 .2
1 .8
2.1i
2 .3
2.1|
2.1i
2 .3
2 .6
2 .3
1 .9
1 .9
1 .9
2 .1
1 .7
1 .9
1 .8
1 .8
1 .7
1 .9
1 .9
1 .9
2 .0
1 .9
2 .2
1 .9
1 .6
l .l l
l.ii
1 .5
1 .5
1 .U
1 .3
1 .2
1 .3
1 .3
1 .3
1 .5
1 .8
1 .5
1 .6
1 .5
1 .6
1 .6
1 .7
1 .5
1 .6
1 .7
1 .5
1 .9
1 .6
l .l i
l .l i
.7
1 .5
l.i i
1 .6
l .l i
1 .2
1 .2
1 .3
1 .1
1 .5
l .l i
1 .2
.9
1 .1
l .l i
.7
1 .3
1 .2
1.2
1 .5
1 .3
_
—
—
—
—
—
—
—
—
—
—
—
Ratio of mortgage payment to income 5 /
Atlanta .............................
Boston ...............................
Chicago .............................
Cleveland .........................
Dallas ...............................
Denver ...............................
D etroit .............................
Los Angeles ....................
M iami.................................
New Y o r k .................... ..
P h ila d e lp h ia ..................
Pittsburgh ......... ............
San Francisco ................
S e a ttle .............................
Washington, D. C...........
1 5 areas combined . . . .
.1 6
.1 5
.1 6
.1 6
.I k
.1 6
.111
.1 6
.1 3
.111
.1 5
.1 7
.1 6
.1 6
.1 5
(U/)
—
—
—
—
—
—
—
—
—
—
—
—
—
.2 2
.2 1
.2 3
.2 6
.1 8
.2 3
.2 0
.2 2
.1 7
.2 3
.2 2
.2 3
.2 3
.2 2
•2ii
.2 2
.1 6
.1 7
.1 9
.1 7
.111
.1 7
.1 6
.1 7
.1 3
.1 7
.1 6
.1 8
.1 8
.1 7
.1 9
.1 7
.1 5
.i l l
.1 5
.1 6
.1 2
.1 3
.1 3
.l l i
.1 3
•lli
.H i
.l l i
.1 5
.1 5
.1 6
.l l i
.1 2
.1 3
.1 5
.H i
.1 2
.1 2
.1 1
.1 3
.1 2
.1 2
.1 1
.1 3
.1 3
.111
.lli
.1 3
.lli
.1 1
.1 3
.1 3
.1 1
.09
.0 9
.1 2
.1 1
.0 8
.1 1
.0 7
.1 2
.1 2
.1 2
.1 1
.1 1
.0 9
.1 3
.1 0
.1 2
.1 1
.0 9
.0 7
.1 2
.1 0
.0 5
.1 0
.0 9
.1 0
.1 1
.1 0
—
—
—
—
—
—
—
—
—
—
—
—
__ n
1 / Based on u nits fo r which mortgage amount was reported. Mortgage amount unknown fo r 55 u nits in Chicago
and Cleveland, 35 in D allas, 70 in Pittsburgh, 135 in San Fran cisco. 2 / Less than 1 percent o f a l l new
home purchasers in the area were in th is group. 3 / Ratio fo r "All mortgaged houses” based on average mort
gage amount fo r $0-$9,999 income c la s s e s , and average annual income fo r th is group. Ratio fo r an income
cla ss based on mid-point of the c la s s , and average mortgage amount fo r the c l a s s , h/ Not av a ila b le .
5 / Ratio fo r " a l l mortgage houses" based on average annual mortgage payment fo r $0-^9,999 income c la s s e s ,
and average annual income fo r th is group. Ratio fo r an income c la ss based on mid-point of the c la s s , and
average annual mortgage payment fo r the c la s s .
hi
SALES HOUSING
Table 19*— Proportion of New 1-Family Houses Mortgaged, by Purchasers* Income Class
Houses Completed July-December 19l*9> 15 Metropolitan Areas
Purchasers* income class
Number
of new
mort
gaged
houses
Area
All
income
classes
Under $2,000
$2,000 - 2 ,9 9 9
$3,000
- 3 ,9 9 9
$l*,ooo
- U ,999
$5,000
- 5 ,9 9 9
$6,000
-7,1*99
$ 7 ,5 0 0
- 9 ,9 9 9
$10,000
and
over
Percent of all new houses mortgaged, by income group
Atlanta ....................
Boston .....................
Chicago ....................
Cleveland •••••.•••••......
Dallas .....................
Denver ........... ..........
Detroit ....................
Los Angeles ................
M i a m i ......................
New York ...................
Philadelphia ...............
Pittsburgh .................
San Francisco .............
Seattle ....................
Washington, D. C« ........ .
15 areas combined o.........
1,710
1 ,2 1 5
5 ,3 8 0
2,lil0
2,700
1 ,6 1 5
1 0 ,5 3 0
lU, 120
2 ,8 8 5
1 5 ,3 1 0
98
9li
100
100
9k
(1/0
91
97
9U
9U
93
95
60
82
69
(1/)
70
(V)
w)
(V)
(y)
Cy
(I/)
(I/)
9h
95
91
91
87
93
.9U
U,96 o
1 ,5 5 5
1*,095
750
3 ,5 2 0
7 2 ,7 5 5
06
98
93
87
81
97
95
100
98
100
96
92
83
76
100
86
95
100
95
100
88
95
9k
93
95
100
98
93
100
91
85
96
96
99
95
95
95
99
99
95
98
98
99
99
96
93
95
95
97
89
85
87
100
98
9k
9k
92
83
9U
95
88
95
9k
9k
93
100
100
90
96
98
86
100
100
95
100
90
50
91
77
9k
95
0/)
(1/)
81
100
100
76
87
58
(1/)
71
75
66
85
50
77
68
90
78
63
82
5k
100
80
5k
(I/O
o2
67
(V)
88
U5
57
70
1/ Less than one percent of all new houses purchased in the area*
Table 20.— New 1-Family Houses Purchased: Distribution by Type of Building Operation,
Mortgage Status, and Veteran Status of Purchaser,
Houses Completed July-December 19^9, 15 Metropolitan Areas
New 1-family houses purchased
Built by operative builders
Area
Total
Number
A t l a n t a ......... . 1 ,7 5 0
Boston ...........
1 ,2 9 0
Chicago ..........
5 ,7 0 0
2,6liO
Cleveland ........
2 ,8 0 0
Dallas ...........
Denver ........
1 ,7 1 5
Detroit .......... 1 1 ,2 2 5
15,11*0
Los Angeles
Miami ............
3,01*0
New York .......... 16,31*0
Philadelphia •••••• 5,21*5
Pittsburgh ........
1 ,7 0 5
l*,l*8o
San Francisco ....
860
Seattle ..........
Washington, D. C. « 3 ,7 8 0
18
Number
1 ,5 9 5
1 ,0 0 0
1*,635
1 ,6 0 0
2,1*55
1 ,5 9 5
10,1*75
1 2 ,8 7 5
2 ,8 6 0
H*, 325
U, 790
1,1*25
3 ,3 7 0
61(0
3 ,3 8 0
Built on contract let by owner
Percent of operativePercent of contractAs
As
built houses
built houses
percent
percent
Number
of all
Bought by—
Bought by—
of all
purchased Mort
purchased Mort World
World
All
All
houses gaged War II
houses gaged War II
others
others
Veterans
Veterans
91
78
81
61
88
92
93
85
9k
88
91
8U
75
75
89
98
9k
95
96
98
98
97
99
99
97
97
9k
98
96
95
82
70
58
66
76
86
71
77
81$
68
72
70
72
56
7U
18
30
ko
3k
2k
1U
27
23
16
32
28
30
28
Ui
26
155
29 0
1 ,0 6 5
1,01*0
31*5
12 0
750
2 ,2 6 5
180
2 ,0 1 5
1*55
280
1 ,1 1 0
220
1*00
9
22
19
39
12
8
7
15
6
12
9
16
25
25
11
95
82
92
81
88
38
kb
63
31
72
70
75
73
62
76
29
30
32
38
23
20
11
33
18
2U
35
39
k2
22
60
71
70
68
62
77
80
89
67
82
76
65
61
58
78
ko
SALES HOUSING
Table 21. — New 1-family Houses Purchased:
Type of Building Operation and Room Count, b y
Average Square Feet of Floor Space, and Average Purchase Price
Houses Completed July-Dee ember 19l*9, 15 Metropolitan Areas
PART A — OPERATIVE-BUILT HOUSES
Area
All
operativebuilt
houses
Room count for operative-built houses
All
houses
it rooms
or less
lti-5
rooms
5|-6
rooms
Over 6
rooms
Number
Percent having specified number of rooms
Atlanta .....................
Boston ...... ...............
C h i c a g o ...... ..............
Cleveland ...................
Dallas ......................
D e n v e r ......................
Detroit .....................
Los Angeles .................
Miami .......................
New York ....................
Pliladelphia ...............
Pittsburgh ..................
San Francisco ..............
Seattle .................. ..
Washington, D. C. «••••••••••
1,595
1,000
U,635
1,600
2,1*50
1,595
10,1*75
12,875
2,860
lit, 325
It,790
1,1*25
3,370
6i*0
3,380
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
37
50
39
6
11
2l*
25
26
53
1*7
15
20
h
21
11
1*8
37
1*7
71
78
72
57
60
38
35
9
1*1*
51*
1*9
1*6
15
12
H*
18
9
1*
16
11*
8
18
73
33
1*0
27
39
(1/)
~ 2
1
6
3
1
1
1
1
3
1*
1
3
5
1,205
1,310
1,010
1,250
1,1*00
995
995
1,250
1,105
1,21*5
1,195
1,190
1,195
980
1,125
2,280
1,780
1,380
1,560
2,195
-
#11,01*5
13,090
15,505
15,655
Xl*, 81*0
11,705
11,71*5
13,020
1 0 ,1 * 6 0
15,065
10,310
12,555
12,805
10,075
13,895
#25,275
13,900
31,500
21,555
29,230
Average square feet of floor space
Atlanta .....................
Boston ......................
Chicago .....................
Cleveland ...................
Dallas ......................
D e n v e r ......... ............
D e t r o i t .....................
Los Angeles ................
Miami .......................
New York ....................
Philadelphia ...............
Pittsburgh ..................
San Franciseo ..............
S e a t t l e ...................
Washington, D. C.
920
890
890
980
930
775
830
910
790
925
1,120
1,015
1,065
955
1,020
760
730
790
71*0
695
715
730
790
61*5
7U5
820
770
820
815
670
9it5
900
930
890
865
780
810
870
905
995
855
960
975
935
975
1,1*25
1,900
1,305
1,1*10
1,710
1,1*20
1,61*5
1,81*0
1,355
Average purchase price
Atlanta .....................
Boston ......................
Chicago .....................
Cleveland .......... ........
Dallas ........ .............
D e n v e r ..... ................
Detroit .....................
Los Angeles .................
Miami .......................
New Y o r k ....................
Philadelphia ................
Pittsburgh ..................
San Fran c i s c o ............. .
Seattle .....................
Washington, D. C. ••••»«•*»••
#8,105
9,960
12,175
12,995
8,575
9,lt95
9,lt05
9,075
7,975
10,900
10,180
11,005
11,390
10,180
12,825
#5,980
8,880
9,950
10,355
5,695
8,890
7,950
7,765
6,910
8,735
8,535
9,870
8,115
8 ,lt8 0
8,825
#8,710
10,21*0
12,830
11,850
7,1*80
9,590
9,180
8,595
8,810
11,620
9,030
10,21*5
1 0 ,3 8 0
10,li*0
11,980
17,980
20,750
13,700
17,070
20,165
12,300
19,265
22,700
20,985
See footnote at end of table.
~w
SALES HOUSING
Table 21 •--New 1 -family Houses Purchased:
Type of Building Operation and Room Count, by
Average Square Feet of Floor Space, and Average Purchase Price— Continued
Houses Completed July-Dec ember 19b9, 1$ Metropolitan Areas
PART B — HOUSES BUILT ON CONTRACT LET BY OWNER
Area
All
contractbuilt
houses
Room count for contract- built houses
All
houses
h rooms
or less
UJ-5
rooms
5*-6
rooms
Over 6
rooms
Number
Percent having specified number of rooms
A t l a n t a .............. .......
Boston .......................
C h i c a g o ......................
Cleveland ....................
Dallas .......................
Denver .......................
D e t r o i t ..................... .
Los Angeles ..................
M i a m i ...................... ..
New Y o r k .....................
Philadelphia .................
Pittsburgh ...................
San Francisco ...............
Seattle ......................
Washington, D. C .............
100
100
100
100
100
100
100
100
100
100
100
100
100
155
290
1,065
l,0 l» 0
31*5
123
750
2,265
180
2,015
1*55
280
1,110
29
U2
U5
37
Ul
27
32
16
38
25
U7
U5
30
11
16
220
100
22
1*00
100
6
38
32
33
31
3$
li2
1?
33
37
36
23
61
33
19
51
kS
(1/)
"27
15
13
5
15
26
29
25
27
13
12
12
10
11
lS
6
19
10
(1 /)
~ 21
27
h
h
1h
Hi
Average square feet of floor space
A t l a n t a ......... ............
B o s t o n ...................... .
Chicago ......................
Cleveland ....................
Dallas .......................
Denver .......................
Detroit .... .................
Los Angeles ..................
Miami • ••••...... .
New York .....................
Philadelphia........... .......
P i t t sburgh .......... .
San Francisco................
Seattle ......................
Washington, D. C. ............
1
,2 1 * 0
—
1 ,0 3 0
1,385
1,530
1,1*85
1 ,7 6 0
1 ,0 5 5
1 ,0 3 0
1 ,3 1 0
2 ,1 7 0
1,185
1,015
1
1,665
,1 * 0 0
1 ,8 0 0
1 ,5 0 5
1 ,2 9 0
920
980
1 ,2 9 0
i,oUo
1 ,1 7 5
1 ,2 3 0
805
1,1*35
735
875
895
1 ,2 6 0
1,035
2 ,3 6 0
1,535
2,305
1 ,3 1 0
1 ,1 8 0
805
775
1 ,2 0 0
1 ,1 2 0
1,1*65
1,11*5
,1 4 * 0
_
1,165
1,215
1,085
700
1,115
1 ,1 8 0
1,785
705
725
865
1 ,0 2 0
1 ,2 8 0
1 ,6 6 0
1,065
1 ,1 1 * 5
1,085
1,530
1 ,8 9 0
1 ,2 6 0
880
1 ,2 0 0
1 ,6 7 0
1,1*60
1,195
595
1 ,0 2 0
1,235
1 ,6 5 0
1 ,2 6 0
1 ,2 0 5
2
2 ,2 6 0
Average purchase price
A t l a n t a ..................... .
Boston .......................
C h i c a g o ....... ..............
Cleveland ....................
Dallas .......................
Denver .......................
Detroit ......................
Los Angeles ..................
Miami ....................... .
New York .....................
Philadelphia .................
Pittsburgh ...................
San Francisco ...............
S e a t t l e .....................
Washington, D. C .............
$1 2 , 8 3 0
15,070
17,14*5
1 7 ,0 6 0
11*,515
17,1*25
13,370
1 1 *,1 1 0
11,085
17,11*5
1 3 ,2 8 0
li*,ljl*5
1 1 *,5 3 0
1 6 ,7 6 0
15,81*0
••
$9,875
12,015
$13,625
17,090
1 8 ,9 1 * 0
17,655
18,1*55
18,1*10
17,910
1 3 ,2 2 0
1 5 ,5 0 0
1 0 ,8 2 0
H*, 395
20,795
11,635
15,870
17,300
15,550
16,620
1 1 ,3 6 0
1 1 *, 3 l* 0
1 2 ,6 3 5
1 1 ,6 1 0
16,310
15,870
9,81*0
6,895
1 1 ,6 0 0
8,525
8 ,5 1 * 0
6,14*5
8,885
7,660
9,035
8 ,1 3 0
H*, 330
8 ,1 * 5 0
1 6 ,8 3 0
H *,6 5 0
11,255
11,685
Ut,3li5
16,01*5
13,590
1/ Less than 1 percent of all purchased houses.
Note:
Percentage distributions may not always total 100 because of rounding*
$2
3 ,7 2 0
1 9 ,6 8 0
21*,650
2 6 ,0 3 0
21,315
2 9 ,8 0 0
19,535
2 8 ,6 0 0
—
23,530
19,955
2 5 ,8 0 0
1 8 ,8 0 0
21*,285
2 0 ,8 0 0
SALES HOUSING
Table 22*— New 1-Family Houses Purchased: Distribution by Percent of Initial Equity,
and by Type of Building Operation and Veteran Status of Purchaser
Houses Completed July-December 19h9, 15 Metropolitan Areas
Area
All purchased
houses
Number | Percent
Percent of purchased houses for which initial equity was—
100
36-99
16-25
26^-35
1-5
0-15
0
percent percent percent percent percent percent
All purchased houses
Atlanta ................
1,75P
1,290
Boston .................
Chicago ................ 1/5,700
Cleveland ...... •.....• • 2/2,61*0
Dallas ................. 1/2,795
Denver ................
1,715
Detroit •••••••••••••••• 3/11,225
15,i U o
Los Angeles ............
Miami ..................
3,01*0
New Y o r k .... ..........
16,31*0
Philadelphia ••••......
5,21*5
Pittsburgh • •••....... . 1*/1,705
San Francisco .........
h,h30
Seattle ................
860
Washington, D.C........
3,780
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
Atlanta ...............
B o s t o n ...... ........ ..
Chicago • • • •....... ••• •
Cleveland ............. .
Dallas • ••••...........
Denver ••••.............
Detroit ................
Los Angeles ...........
Miami ••••••......... .
Mew Y o r k ...............
Philadelphia......... •
Pittsburgh...... ......
San Francisco .........
Seattle ................
Washington, D.C...... ..
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
56
22
3
3
SI
19
31*
35
37
21
31
6
8
13
15
8
8
11
7
2
31
lh
19
35
15
12
18
26
5
lh
16
20
16
11
21
19
15
lh
9
18
12
16
21
32
19
5
12
20
13
5
10
IS
10
9
lh
15
16
10
18
19
7
8
21
17
6
8
5
5
3
13
10
18
10
6
15
6
2h
2h
hi
11
6
11
11
3
12
lh
16
16
13
11
2
6
6
9
3
7
6
7
5
6
5
9
9
13
7
5
10
20
2h
3
7
5
3
2
13
11
18
8
h
lh
h
15
17
2h
6
5
9
7
2
7
11
13
11
6
9
2
3
5
h
2
2
3
1
1
3
3
6
2
h
5
28
(5/)
“ 25
8
31
15
(5/)
18
(5/)
“ 13
(5/)
15
lh
10
19
55
58
67
h5
19
hi
33
18
h8
h8
h5
30
36
27
Houses built by operatj ve builders
1,5 95
1,000
l*,635
1 ,6 0 0
2,1*55
‘ 1,595
10,1*75
12,875
2,860
lit,325
2*,790
1,1*25
3,370
61*0
3,380
61
28
h
h
58
21
36
hi
39
2h
3h
7
10
18
17
8
10
13
9
3
3h
15
22
37
17
13
21
35
7
16
17
22
19
17
23
20
16
15
9
19
12
16
25
ill
20
h
12
22
17
5
11
15
li
9
16
17
19
9
21
19
HousesI built on contract let by owner
Atlanta ••••••.........
B o s t o n ....
Chicago ................
Cleveland ••••••••••••..
D a l l a s .... •......... ••
Denver ••••••••........
Detroit ................
Los A n g e l e s .... .......
Miami . .......... ......
New Y o r k .............• •
Philadelphia...... ..
Pittsburg
San Francisco ........
S e a t t l e ....... .
Washington, D.C...... .
155
290
1,065
1,01*0
31*5
120
750
2,265
130
2,015
1*55
L/280
1,110
220
1*00
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
(5/)
(5/)
JO
JJ)
(V)
(V )
<5/>
JJ)
j o
(|0
m
(V )
JO
jo
JJ)
m
(5/)
3
(5/)
(5/)
(5/)
“ 2
(5/)
JJ)
jj)
jj)
JJ)
do
j )
12
12
(5/)
(5/)
~ 6
(5/)
& /)
6
(5/)
( ? /)
10
15
9
7
lh
22
15
7
5
7
(5/)
JJ)
6
(5/)
(3/)
JJ)
JJ)
15
9
16
26
(5/)
“ 18
8
16
12
62
52
37
69
28
30
25
27
38
25
See footnotes at end of table
51
SALES HOUSING
Table 22.— Mew 1-Family Houses Purchased: Distribution by Percent of Initial Equity, and by
Type of Building Operation and Veteran Status of Purchaser— continued
Houses Completed July-Deeember 1 9h9> 15 Metropolitan Areas
Area
Atlanta ...................
B o s t o n .... ...............
Chicago ...................
Cleveland ........... ......
D a l l a s ....... ............
Denver ....................
Detroit ...................
Los Angeles ..............
Miami .....................
New York •••••............
Philadelphia...........
Pittsburgh................
San Francisco .............
Seattle ...................
Washington, D.C. ....... .
Percent of purchased houses for which initial equity was—
All purchased
26-35
100
16-25
houses
36-99
0
1-5
6-15
Percent percent percent
Number
percent percent percent percent percent
Houses purchased by World War II veterans
1,360
790
3,055
l,U5
1,950
1,395
7,560
10,700
2,10(5
10,220
3,605
5/1,115
2,910
Uo5
2,720
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
70
3f
2
71
2h
50
h9
U6
33
U$
9
10
28
22
8
13
18
12
2
38
20
22
U3
2$
17
28
la
10
19
1k
25
22
20
lii
21
12
11
7
19
12
20
22
35
2h
3
9
26
19
5
7
3
6
13
20
2
1
10
16
20
6
k
h
8
8
3
3
1
7
10
11
6
h
10
2
11
7
19
9
17
16
6
5
(5/)
7
10
9
5
(5/)
2
(5/)
~ 7
(5/)
2
1
3
1
2
3
3
3
1
5
k
23
h7
35
12
11
Houses purchased by other veterans and nonveterans
A t l a n t a .................
Boston .................. .
Chicago ...................
Cleveland .................
Dallas ....................
Denver •••••...............
Detroit ...................
Los Angeles ........ .......
Miami .....................
New York ..................
Philadelphia ..............
Pittsburgh ................
San F r a n c i s c o .... ........
Seattle ...................
Washington, D.C...........
390
5oo
2,565
1,185
835
335
3,525
l(,UiO
595
6,120
l ,6 U o
6/590
1,570
U55
1,060
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
7
( 5 /)
G/)
" 3
5
(5/)
G /)
l
(5/)
G )
GD
G /)
" 5
(5/)
Gj)
7
( 5 /)
3
( 5 /)
" 3
h
1
10
( 5 /)
23
12
9
( 5 /)
35
10
22
20
18
G )
G /)
16
( f /)
7
19
30
8
G /)
G/)
GJ)
11
12
19
12
6
8
23
28
20
10
30
15
18
21
10
16
11
37
21
35
10
ll
13
19
25
2h
12
31
16
7
28
8
66
11
22
15
20
26
13
25
31
29
28
21
26
10
27
18
15
23
Hi
10
22
19
23
13
1/lncludes 80 units for which veteran status of purchaser is unknown. ^2/lncludes a few units (less than 1
percent) for which veteran status of purchaser is unknown. 3 A ncludes lUO units for which veteran status
of purchaser is unknown, k / Includes 60 units with unknown initial equity; 20 purchased by World War II
veterans, and i;0 by other veterans and nonveterans. 5/ Less than 1 percent of all purchased uiiits. 6/
Includes 20 units with unknown initial equity.
Note: Percentage distributions are based on units for which complete data are available, but may not
always total 100 because of rounding.
http://fraser.stlouisfed.org/ $2
Federal Reserve Bank of St. Louis
SALES AND RENTAL HOUSING
Table 2 3 •— N ew 1-Family Houses Purchased:
Proportion Having Specified Equipment Included in
Purchase Price— Houses Completed July-December 194-9, 15 Metropolitan Areas
All new
Area
4"fclfln+.a ..........
Boston ...........
Chicago ..........
Cleveland
Dallas ........ .
Denver ...........
Detroit
Los Angeles .....+
Miami
N ew York .........
Philadelphia ....
Pittsburgh .......
San Francisco • • • •
Seattle
Washington, D. C.
Percent of housesi for which purchase price included—
chased
houses
(number)
Cooking
stove
1,750
1,290
5,700
2,61*0
2,795
1,715
11,225
15,11*0
3,0l*0
16,31*0
5,21*5
1,705
2
72
6
(1/)
Cl/)
lli
(1/)
12
20
87
93
2
l*,l*8o
h
860
3,780
3
98
Hot
water
heater
Refrig
erator
2
11
<
85
89
91
99
97
9k
97
98
99
99
100
99
99
78
99
(i / )
12
(1/)
“ 11
21
29
(i/)
1
3
2
89
Garbage Washing
disposal machine
unit
Dish
washer
Venetian
blinds
\
1
2
2
2
8
2
u
O
c.
li
4
8
4K
7
38
O
c
li
21
1,
£
{X
J\
7
6
o
{1 Jl
oc.
n
XX
0
*
a /)
38
12
(1/)
30
1?
11
27
p£
tL
O
01
C.X.
j
JL
2
4
(i/)
70
(7
(1/)
23
5
(I/)
3
5
-O
J0
16
8
o
7
C
O
T
4
Storm
windows
a /)
(7 / \
DO
cU
(f/)
X
51*
1
1/ Less than 1 percent of all houses purchased in the area©
Table 24-.— New Dwelling Units Purchased or Rented: Elapsed Time from Completion Until Purchase
or Rental— Dwelling Units Completed July-December 1949, 15 Metropolitan Areas
Area
Number
of
dwell
ing
units
Elapsed t ime from completion of dwelling unit until sold or rented
Percent with elapsed time Of—
All
units
4
month
pi
2
1
i*
3
34
5
month months months months months months months months
6 or
more
months
1-family houses purchased (operative-built only)
Atlanta ................ 1,595
Boston ................. 1,190
Chicago ................
It,635
Cleveland .............. l,6oo
2,lt50
D a l l a s ...... ..........
Denver ................ . 1,595
Detroit ................ 10,1*75
Los Angeles ............ 12,875
2 ,8 6 0
Miami •••••••••••......
New York ............ .. lit,325
It,790
Philadelphia ..........
Pittsburgh .............
1,1*25
San Francisco •••••••••• 3,370
61*0
Seattle ................
3,380
Washington, D. C .......
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
6h
69
59
59
63
70
71
67
U5
51
78
37
59
51
77
17
19
17
11
18
111
Ih
Hi
22
15
li
30
13
22
17
5
5
it
13
6
5
6
5
13
(V)
w )
11
3
5
2
5
li
3
8
8
li
li
li
9
10
6
3
9
9
1
li
3
2
3
2
2
2
5
5
l
(1/)
” 2
2ii
3
(1/)
3
(1/)
~ li
2
2
2
2
2
3
9
2
5
6
5
l
(V)
(T/)
2
3
1
1
1
1
2
0/)
(V )
li
1
3
Q/ )
1
(1/)
“ li
3
1
1
1
1
1
7
2
7
3
2
1
(1/)
(1/)
3
(3/}
(i/)
1
(2/)
3
11
5
8
5
li
7
3
11
7
1
1
(2/)
1*
6
(2/)
(2/)
1
8
3
3
(2/)
9
2
(2/)
(2/)
(2/)
1
1
2
1
ii
8
8
(2/)
~ 1
i
i
l
a/)
ii
i
2
2
1
(1/)
a /)
a/)
2
(V)
(1/)
2
(1/)
1
(1/)
3
(1/)
1
2
(i/)
a/)
Dwelling units rented (all types of structures)
Atlanta ................
Boston .................
Chicago ................
Cleveland
Dallas .................
Denver .................
Detroit ......... .......
Los Angeles *..........
Miami ................. .
New Y o r k .... ..........
Pittsburgh............
San Francisco .........
Seattle ........ .......
Washington, D. C« ......
l,2it5
125
1,1*90
330
270
21*5
785
6,660
2,150
7,355
535
1,150
85
It,190
100
100
100
100
100
100
100
100
100
100
100
100
100
100
78
68
56
26
32
53
UU
ii6
25
a
20
h3
32
72
1/ Less than 1 percent of all purchased units.
Hi
23
27
6
33
17
17
21
3ii
23
19
20
51
17
3
6
5
7
Hi
3
11
8
10
(2/)
8
6
8
6
3
(2/)
2
13
5
6
5
8
5
9
10
8
1
li
1
(2/)
~ 2
10
2
7
3
3
6
(2/)
1
2
li
(2/)
1
(2/)
~ 1
7
k
3
5
3
5
7
Hi
li
U
(2/)
2
(2/)
1
li
3
1
(2/)
1
li
(2/)
(f/)
1
(2/)
(2/)
(2/)
1
10
2/ Less than 1 percent of all rented units.
53
SALES AND RENTAL HOUSING
Table 25.— New Dwelling Units Completed: Distribution by Intended Disposition
(for Sale or for Rent), by Type of Building Operation, and by Type
of Structure
PART A.— DWELLING UNITS COMPLETED OCTOBER-DECEMBER 1950, 10 METROPOLITAN AREAS
(a) All Dwelling Units Completed:
For Sale or for Rent 1/
New dwelling units completed
Area
Total
number
all types
Number
2 ,9 3 0
1 ,3 0 0
2 ,3 1 0
2 ,3 1 0
6,1*65
3,130
9,135
27,025
25,175
1,605
It,280
5,3l*0
5,9U5
2,685
Atlanta ............
Boston .............
Chicago ............
Dallas .............
Detroit .............
Los Angeles ........
New York ...........
Pittsburgh.........
San Francisco ......
Washington, D. C. ...
For sale 2/
For rent
As percent
of total
8 ,6 3 0
22,730
17,755
1,265
3,815
3,725
Number
bb
100
92
86
95
8b
70
79
89
70
1 ,6 3 0
(i/)
520
1*1*5
505
U.295
7.U20
31*0
1*65
1,615
As percent
of total
56
(1/)
8
1b
5
16
30
21
11
30
Percent
of sales
housing
unsold 3/
Percent
of rental
housing
unrented
8
5
3
10
b
(U/)
1
3
2
(U/)
3
(l/>
9
23
(b/)
22
2
7
8
7
For Sale or for Rent, and by Type of Building Operation 1/
(b) One-Family Houses Completed:
1-family houses completed
Built on contract
let by owner
Operative-built
Area
Total
Number
Atlanta ............
B o s t o n ....... ......
Chicago ............
Dallas .............
D e t r o i t ......... .
Los Angeles ........
New York ...........
Pittsburgh*.........
San Francisco.......
Washington, D . C . . . .
1
,1 * 7 0
2 ,3 1 0
6,070
2,790
8,630
23,205
17,850
1,285
3,995
3,780
1 ,2 8 0
1,760
1*,265
2,505
7,590
21,180
16,375
920
3,150
3,590
As percent
of all
houses
87
86
70
90
88
91
92
72
79
95
(c) Rental Units completed:
Area
Atlanta ...............
Chicago ................
Dallas .......... ......
Detroit ............ .
Los Angeles ............
New York ...............
Pittsburgh ............
San Francisco .........
Washington, D. C .......
Number of
rental
units
completed
1 ,6 3 0
520
1*1 *5
505
1*,295
7,1*20
31*0
1*65
1,615
Percent
for sale
87
100
97
96
100
98
99
98
9b
98
Percent
for rent
13
(l/)
3
b
(k/)
2
1
2
6
2
Number
190
550
1 ,8 0 5
285
1,01*0
2,025
1,1*75
365
81*5
190
As percent
of all
houses
13
2b
30
10
12
9
8
28
21
5
Type of Structure 1 /
Percent of completed rental units in—
All
types of
structures
100
100
100
100
100
100
100
100
100
1-family
structures
10
2h
2h
(b/)
11
1
6
39
3
2-b family
structures
50
(i/)
(I/)
(i/>
27
(i/)
<i/>
(1 /)
- - H / ) ____
5-or-more
family
structures
hO
76
76
100
62
99
9k
61
9k
1 / The estimates for rental housing completed during the survey period cover units in all types of struc
tures in Atlanta and Los Angeles, but exclude units in 2-b family structures in 7 areas (Chicago, Dallas,
Detroit, New York, Pittsburgh,San Francisco, and Washington, D. C.). In Boston, because of the small vol
ume of rental housing completed during the period, the survey covered only 1-family housing built for sale.
2/ Includes houses built on contract let by the owner. 3/ Remaining unsold or unrented as of March 1, 1951*
U / Less than 1 percent of all dwelling units completed in the area.
Note: Information on new dwelling units completed during July-December 19i*9, and rented by the spring of
1950, is available for lb areas. For these l h areas as a whole, 6 percent of the rented units were new
1-family houses; 21 percent were units in 2-b family structures; and 73 percent were units in multifamily
structures.
SALES AND RENTAL HOUSING
Table 2$•— New Dwelling Units Completed: Distribution by Intended Disposition
(for Sale or for Rent), by Type of Building Operation, and by Type
of Structure-— continued
PART Bo— DWELLING UNITS COMPLETED JANUARY-MARCH 1 9 5 1 , 10 METROPOLITAN AREAS
(a)
All Dwelling Units Completed:
For Sale or for Rent 1/
New dwelling units completed
Total
number,
all types
Area
A t l a n t a ............ .
Boston ............... .
Chicago ................
Dallas .................
Detroit ................
Los Angeles ...........
New York ...............
Pittsburgh............
San Francisco .........
Washington, D.C........
(b)
For sale 2/
As percent
Number
of total
2 ,1 1 $
1 ,2 9 0
U,335
2,3lt5
7, W O
16,1.25
18,935
7U0
lt,2lt0
2 ,8 2 0
1-Family Houses Completed:
For rent
As percent
N umber
of total
Percent
of sales
housing
unsold 3/
Percent
of rental
housing
unrented 3/
56
Q/)
12
11
h
7
15
(1 /)
1
1*0
2
uy>
h
13
930
1 ,2 8 0
It,620
1 ,8 8 0
hh
7,370
13,595
99
80
83
17
1 2 ,2 2 0
380
65
52
2,330
6,715
35
1
360
hs
3,1.50
l,7lt0
81
62
790
19
h
” 20
1 ,0 8 0
38
(U/)
5
1,185
Q/)
215
U65
99
96
80
20
1
(V)
5
1
a/)
For Sale or for Rent, and by Type of Building Operation 1/
1-family houses completed
Built on contract
let by owner
As percent
of all
Number
houses
Operative-built
Area
As percent
of all
houses
Total
Number
Atlanta ................
Boston •••••••.... •••••
C h i c a g o ...............
Dallas .................
Detroit ................
Los Angeles ........ ••••
New York ...............
Pittsburgh •••••••.....
San Francisco ..........
Washington, D. C .......
(c)
930
1 ,2 9 0
It,620
l,9lt5
7,li50
13,870
1 2 ,2 2 0
380
3,585
1,790
A t l a n t a ....... ........
Chicago ................
D a l l a s ........ .......
Los Angeles ••••.......
New York ••••..........
Pittsburgh.... ........
San Francisco ..........
Washington, D. C. ......
Percent
for rent
885
95
100
1 ,0 1 0
3 ,6 6 0
1 ,7 6 0
6 ,6 7 0
78
99
79
90
90
88
89
67
83
9L
100
I2,llt5
10,855
255
2,975
1 ,6 8 0
Rental Units Completed:
Area
Percent
for sale
Number of
rental
units
completed
1,135
215
1*65
2 ,8 3 0
6,715
360
790
1,080
96
99
98
100
100
96
97
(V)
(f/)
(it/)
it
!t5
5
280
960
22
21
10
10
12
185
1
730
(V)
(S/)
1,725
1,365
125
2
It
3
610
110
11
33
17
6
Type of Structure l/
Percent of completed rental units in—
5-or-more
All
1-family
2-1* family
family
types of
structures structures structures structures
100
100
100
100
100
100
100
100
1
(U/)
( /)
15
10
(i/)
(£/)
17
5
32
a/)
a /)
29
d/)
w
a /))
a/)
68
100
85
61
100
100
83
95
1/ The estimates for rental housing completed during the survey period cover units in all types of struc
tures in Atlanta and Los Angeles, but exclude units in 2—U family structures in 7 areas (Chicago, Dallas,
Detroit, New York, Pittsburgh,San Francisco, and Washington, D. C.). In Boston and Detroit, because of the
small volume of rental housing completed during the period, survey results given in the following tables
cover only 1-family housing built for sale. 2/ Includes houses built on contract let by the owner. 3/ Re
maining unsold or unrented as of June 1, 19517 U/Less than 1 percent of all dwelling units completed in the
area.
55
RENTAL HOUSING
Table 26.— New Rented Dwelling Units:
Distribution by Monthly Rdhtal Class,
and by Veteran Status of Tenant
PART A.— ALL RENTED DWELLING UNITS 1/
m newPercent of new units having a monthly contract rent of—
units rented
Average
$130.00
Number monthly Under # 5 0 . 0 0 #60.00 #70.00 #80.00 #90.00 #100.00 #110.00 #120.00
and
contract #50.00 -59.99 -69.99 -79.99 -89.99 -99.99 -109.99 -119.99 -129.99 over
y
rent 1/
—
Area
New dwelling units completed July-Dec ember 19U9, lU metropolitan areas
Atlanta .........
1,21*5
125
Boston ..........
1,1*90
Chicago .........
Cleveland .......
330
270
Dallas ..........
Denver ...... .
21*5
Detroit .........
785
6,660
Los Angeles .....
2,150
Miami ............
New York ........
7,355
Pittsburgh .......
535
San Francisco .... 1,150
Seattle ..........
85
Washington, D. C.. It,190
ill area combined • 26,615
159.00
1 0 3 .0 0
92.00
89.00
89.00
9U.00
87.00
77.00
120.00
110.00
100.00
90.00
83.00
87.00
93.00
20
(2/)
d/)
1
3
( y )
1
3
W?
<y)
3
2
(2/)
~ 2
1*8
(2/)
W
G /)
10
(2/)
12
11
1
(2/)
1
1*
1*
(2/)
6
15
(2/)
3
(2/)
10
5
(2/)
22
19
3
5
12
17
1
10
2
16
12
17
10
17
16
33
2k
10
5
20
22
23
19
10
26
ii6
52
U
13
26
19
12
15
6
16
17
39
22
a
a
23
7
a2
19
28
a
i
25
21
13
12
29
16
(2/)
ia
a
12
3
21
10
a
9
19
19
111
9
6
10
1
6
5
10
13
9
3
3
2
8
37
9
17
1
5
(2/)
22
1
1
7
10
2
1
7
7
3
a
(2/)
~ i
3
1
11
6
(2 /)
£/)
a
3
3
22
ia
a
6
(2/)
(2/)
- 7
New dwelling units completed October-December 1950, 9 metropolitan areas
Atlanta .........
Chicago •••••....
Dallas ..........
Detroit .........
Los Angeles .....
New York ........
Pittsburgh ..... .
San Francisco ....
Washington, D. C.«
1,585
1*70
31*0
505
3,355
7,275
315
1*30
1,510
53.00
102.00
95.00
83.00
75.00
107.00
100.00
89.00
96.00
37
9
16
(2/)
1*
2
W
)
<fO
1
1*6
(2/)
3
(2/)
10
(2/)
W
m
)
(?/)
13
(2/)
12
1
33
3
(2/)
~26
13
2
1*
(2/0
58
17
12
(2/)
7
15
(2/)
1
li
7
20
21
5
7
li2
1
18
a
27
6
2a
36
38
1
(2/)
~17
17
3
3
10
52
ia
(2/)
1
36
21
a
a
12
7
3
2
(2/)
~ 9
13
(2/)
~ 2
6
(2/)
~ 1
18
(2/)
~ 6
10
(2/)
1
10
(2/)
“ a
9
New dwelling units completed January-March 1951 s> 8 metropolitan areas
Atlanta ••••••••••
Chicago .........
Dallas ......... .
Los Angeles .....
New York ........
Pittsburgh ......
San Francisco ••••
Washington, D. C..
1,120
210
285
2,1*60
6,6X5
360
625
1,030
61*.00
117,00
99.00
83.00
115.00
110.00
99.00
86.00
See footnotes at end of table
12
(2/)
10
5
(2/)
d/>
<§o
i
21
(2/)
2
6
1
(2/)
2
9
1*8
(2/)
3
15
1
(2/)
8
11*
16
1
k
22
13
(2/)
16
18
(2/)
5
7
25
22
17
29
18
(2/)
” 7
3
9
16
9
ia
23
(2/)
7
23
8
9
29
10
1
1
29
32
2
15
20
a
6
1
31
8
a
a
i
2
a
1
20
7
a
19
25
ia
6
RENTAL HOUSING
Table 26.— New Rented Dwelling Units: Distribution by Monthly Rental Class,
and by Veteran Status of Tenant— Continued
PART B.—DWELLING UNITS RENTED BY WORLD WAR II VETERANS
New units rented by
Percent of new units having a monthly contract of—
World War II veterans
As
percent Average
Number of a ll monthly- Under #50.00 #60.00 $ 70.00 #80.00 #90.00 #100.00 #110.00 #120.00 #130.00
and
3/
rented contract 150.00 -50.99 -69.99 -79.99 -89.99 -99.99 -109.99 -119.99 -129.99
over
rent
units
2/
New dwelling units completed July-Dec ember 19l*9, li* metropolitan areas
Atlanta ...............
Boston .................
Chicago ...............
Cleveland ...........
Dallas .................
Denver .................
Detroit ••••••••
Los Angeles ••••
Miami ...................
New York .............
Pittsburgh .........
San Francisco ••
Seattle ...............
Washington, D.C.
Ill areas
combined .........
765
63
60
1*6
955
215
61*
67
1*1*
58
53
120
11*0
1*10
3,205
855
2,91*5
220
5oo
1*0
3,100
13,530
1*8
1*0
1*0
1*1
$59.00
9U.00
90.00
88.00
89.00
97.00
83.00
73.00
90.00
16
(2/)
W)
(g o
2
w?
~
2
It
97.00
97.00
( 2/ )
7l*
90.00
86.00
87.00
2
2
( 2/ )
51
85.00
1*5
1*8
q/)
53
(2 /)
&r>
q/)
2
( 2/ )
-15
11*
( 2/ )
® 0
17
( S ')
2
( 2/ )
20
6
( 2/ )
“ 23
28
2
9
1
28
li*
15
( 2/ )
60
2
10
23
21*
30
27
17
12
6
8
2
(2/)
11*
2
7
10
21
2
36
55
” 16
3
19
7
23
(g o
10
H*
20
1
18
2
( S ')
17
6
60
16
21*
3
(£ /)
( 2/ )
5
3
11*
(s')
( 2/ )
“ 5
1*
1*
13
27
10
6
6
3
7
2
7
1*3
27
21
U*
2
( 2/ )
19
( 2/ )
2
2
13
( 2/ )
1
( 2/ )
6
(£ /)
&/)
“ 2
3
(^ )
5
6
1*
6
10
6
1*
12
23
15
29
39
u*
12
28
7
19
2
(2 /)
25
16
10
1*
2
3
$
3
New dwelling units completed October-December 1950, 9 metropolitan areas
820
Atlanta ...............
300
Chicago ...............
170
Dallas .................
320
Detroit ...............
Los Angeles ••••
985
New Y o rk ............. 3,71*5
Pittsjurgh .........
175
San Francisco . ,
200
680
Washington, D.C.
56
70
55
67
31
53
58
1*6
1*6
5U.00
100.00
97.00
82.00
70.00
99.00
98.00
83.00
92.00
35
11*
1*5
q /)
w
i
19
( 2/ )
■ 9
§
m
16
( 2/ )
"12
1
5U
5
( 2/ )
25
13
(2/ )
3
( 2/ )
( 2/ )
13
( 2/ )
“ 9
13
26
16
H*
1*7
“ 60
18
6
2
21
3
25
3
23
38
39
1
( 2/ )
“ 7
16
1*
2
10
56
1*
( 2/ )
1
39
17
( 2/ )
“13
( 2/ )
2
1
( 2/ )
12
21
(2/ )
(? /)
13
( 2/ )
“ 3
11
( 2/ )
” 1
5
( 2/ )
” 2
7
New dwelling units completed January-March 1951., 8 metropolitan areas
Chicago ...............
1*15
100
130
Los Angeles . . . .
91*0
New York ............ 2,350
Pittsburgh . . . .
155
San Francesco ••
295
Washington, D.C.
615
38
65.00
117.00
112.00
1*
( 2/ )
1*0
81.00
36
1*3
51
103.00
106.00
90.00
86.00
9
( 2/ )
1*8
1*5
60
25
(2/ )
q /)
q /)
q j)
( 2/ )
“ 2
f ’>
5
2
8
56
( 2/ )
7
li*
2
( 2/ )
7
23
13
2
6
18
( 2/ )
2
( 2/ )
7
15
9
31
21
6
8
21
15
11
23
21*
13
(S')21*
20
28
<2f i
31
9
10
26
15
2
2
30
26
1
15
18
2
6
( 2/ )
33
9
1
6
( 2/ )
(? /)
~ 2
( 2/ )
T j6
6
1*
8
18
6
7
See footnotes a t end of tab le.
57
RENTAL HOUSING
Table 26.— New Rented Dwelling Units: Distribution by Monthly Rental Class, and by
Veteran Status of Tenant— Continued
PART C.— DWELLING UNITS RENTED HI OTHER VETERANS AND NONVETERANS
Area
New units rented by
Percent of new units having a monthly contract rent of—
other veterans and
nonveterans
As
percent Average
Number of a l l monthly Under 150.00 160.00 ♦70.00 ♦80.00 ♦90.00 ♦100.00 ♦110.00 ♦120.00 ♦130.00
and
/ rented contract ♦50.00 -59.99 -69.99 -7 9.99 -89.99 -99.99 -109.99 -119.99 -129.99 over
rent
units
2
New dwelling units completed July-Dee ember 19k9, 1b metropolitan areas
Atlanta ...............
455
B oston .................
65
Chicago ...............
535
Cleveland ...........
105
Dallas .................
150
Denver .................
105
Detroit ...............
365
Los Angeles . . . . 3,455
Miami................... 1,295
New York ............. 4,380
Pittsburgh . . . . .
315
San Francisco . .
6o5
Seattle ...............
45
Washington, D.C. 1,090
1b areas
combined •. ••. 12,965
60
59
55
52
26
♦57.00
111.00
97.00
92.00
89.00
91.00
91.00
81.00
139.00
119.00
102.00
88.00
81.00
86.00
h9
101.00
37
54
36
33
56
b2
hi
52
60
30
39
w
w
7
W ?
(fo
3
(2 /)
(2 /)
4
2
(£/)
11
(2 /)
5
(2/)
3
1*
(2 /)
21
12
3
2
1h
h
20
(2 /)
(2 /)
3
6
9
22
17
17
8
32
19
9
6
22
36
23
h
9
18
W )
1
8
8
1
(2 /)
1
2
2
8
18
30
3b
6
17
25
21
11
12
9
lb
7
38
8
6
35
11
28
21
32
5
1
18
27
12
9
32
(2 /)
22
6
10
6
1h
Ui
2
10
17
17
lit
7
5
1
7
6
22
13
7
5
li
3
8
32
7
16
(2 /)
16
10
6
2h
(i/)
25
(2 /)
6
b
1
9
8
2
3
(2/)
do
(2 /)
"16
9
w
7
3
5
31
19
5
8
(2 /)
do
5
12
(2 /)
"3
3
(2 /)
3
7
(2 /)
23
(2/)
"8
8
(2 /)
^ 2
17
(2 /)
7
9
1
30
7
5
2
2
2
8
1
25
9
5
2b
30
21
b
New dwelling units completed October-December 1950, 9 metropolitan areas
A tla n ta ...............
650
130
Chicago ...............
lbO
Dallas .................
Detroit ...............
160
Los Angeles •••• 2,205
New Y o rk ............. 3,390
P ittsb u rg h .........
125
San Francisco . •
230
Washington, D.C.
810
Ui
30
b5
33
69
hi
h2
5b
5b
52.00
106.00
93.00
85.00
76.00
117.00
38
(2/)
16
(2 /)
5
1
105.00
48
(2 /)
6
(2/)
11
(2 /)
w
W
94.00
99.00
1
W)
(f/)
7
(2 /)
13
(2 /)
2b
1
(2/)
26
11
5
8
(2/)
57
16
11
w 12
f/)
<&)
(2 /)
3
23
16
6
2
bO
1
11
6
27
7
26
32
38
1
(2 /)
38
23
3
4
10
45
25
(2/)
(2 /)
32
25
10
5
11
17
5
3
New dwelling units completed January-March 1951, 8 metropolitan areas
680
Atlanta ...............
Chicago ...............
110
Dellas .................
155
Los Angeles . . . . 1,425
New Y o rk ............. 4,265
Pittsburg: . . . . .
205
San Francisco ••
285
Washington, D. C.
405
62
52
55
60
6b
57
U9
bo
63.00
118.00
96.00
84.00
121.00
114.00
107.00
<&)
86.00
3
18
(2 /)
“ 19
2
(2/)
16
(2 /)
b
7
1
(2 /)
~ 2
10
45
(2/>
(V )
n6
i
(1/)
n
2
18
(2/)
3
26
13
(2/)
7
27
(2 /)
7
b
20
22
12
3b
25
(2 /)
6
(2 /)
^9
14
4
9
15
(2/)
5
16
8
8
31
7
(2 /)
(2 /)
27
37
2
15
22
7
5
of the small volume of units completed for ren t, data for Philadelphia are excluded from the 19b9 survey resu lts)
for Boston in 1950) and fo r Boston and Detroit in 1951* 2 / Less than 1 percent of a ll new rented units in the
area. 3 / Based on units fo r which veteran status of tenant was reported.
Note: Distributions may not equal totals because of the exclusion of units fo r which data are unknown, and be
cause of rounding.
RENTAL HOUSING
Table 27.— New Rented Dwelling Units: Distribution by Income Class of Tenant,
Average Monthly Contract Rent, and Rent-Income Ratio
PART A— INCOME CLASS FOR RENTERS OF DWELLING UNITS
Area
Number
of new
rented
All
Under
dwelling income
$2,000
units classes
Percent of renters in specified income class
$2,000
to
2,999
$3,000
to
3,999
lit,000
to
It,999
$5,ooo
to
5,999
$6,000
to
7,U99
$7,500
to
9,999
$10,000
Un
and
known
over
Dwelling units completed July-December 1949, 1U metropolitan areas
Atlanta ............
Boston ............
C h i c a g o ..... .
Cleveland .........
Dallas ............
Denver ............
Detroit ...........
Los Angeles .......
Miami ..............
New York ..........
Pittsburgh ........
San Francisco .....
Seattle ...........
Washington, D. C. ..
14 areas combined 2/
1,2U5
125
1,490
330
270
2lt5
785
6,660
2 ,1 5 0
7,35$
53$
1,150
85
It,190
26,61$
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
12
(1/)
a / )
~ 2
2
5
2
8
3
1
5
1»
1
(l/)
" 3
29
10
(i/)
5
7
11
12
15
10
6
11
11
8
3
10
2ii
11
3
21
12
15
18
29
21
19
8
22
14
20
21
17
20
11
27
14
28
32
19
18
21
28
25
21
37
23
6
37
24
19
23
18
21
13
14
20
13
10
34
21
17
5
10
23
16
23
17
8
8
13
9
8
13
7
14
11
2
5
18
1
10
4
2
5
17
6
3
5
7
4
7
1
7
11
1
8
2
4
3
4
11
2
3
7
(1/)
~ 5
5
(1/)
~lo
7
1
(1/)
~ 1
1
(1/)
~ 6
22
6
1
(1/)
~ 3
Dwelling units completed October-December 1950, 9 metropolitan areas
Atlanta ...........
Chicago ...........
Dallas ............
Detroit ...........
Los Angeles .......
New Y o r k ........ ..
Pittsburgh ........
San Francisco .....
Washington, D. C. ••
1,585
U70
3ia
505
3,355
7,27$
315
U30
1,510
100
100
100
100
100
100
100
100
100
36
1
2
1
15
2
1
(1/)
~ 1
22
(1/)
~ 9
5
15
5
7
7
12
20
26
12
18
20
11
19
11
13
6
26
16
19
14
20
12
27
17
4
18
22
20
15
21
30
13
18
1
7
14
15
6
12
9
20
11
1
4
13
9
5
8
2
3
8
(1/)
~ 3
8
6
2
11
2
1
15
9
15
5
7
8
10
18
18
5
3
3/17
“ 3
4/14
* 4
5/6
~ 2
6
7
4
14
6
14
16
3
Dwelling units completed January-March 1951, 8 metropolitan areas
Atlanta ...........
Chicago ...........
Dallas ............
Los Angeles ........
New Y o r k ..........
Pittsburgh........
San Francisco .....
Washington, D. C. ••
1,120
210
285
2,U60
6,615
360
625
1,030
100
100
100
100
100
100
100
100
14
(1/)
10
3
1
1
1
2
22
2
7
7
4
1
12
15
29
6
7
23
10
24
18
16
14
19
16
18
18
17
10
28
6
28
22
18
22
26
19
20
3
18
16
9
11
9
12
8
3
20
2
5
15
3
6
5
See footnotes at end of table.
59
RENTAL HOUSING
Table 27.— New Rented Dwelling Units: Distribution by Income Class of Tenant, Average
Monthly Contract Rent, and Ratio of Rent to Income— Continued
PART B— AVERAGE MONTHLY CONTRACT RENT BY RENTERS' INCOME CLASS
Area
Number
Average monthly contract rent paid by renters in specified income class
of new
*2,000 *3,000 *U ,000 *5,o o o * 6 ,0 0 0 $ 7 ,5 0 0 $ 1 0 ,0 0 0
rented
All
Un
Under
dwelling income
to
to
to
to
to
to
and
*2,000
known
units classes
over
2 ,9 9 9
3 ,9 9 9
1*,999
5 ,9 9 9
9 ,9 9 9
7,1*99
Dwelling units completed July-Deeember
Atlanta ...........
B o s t o n ........... Chicago ...........
Cleveland .........
Dallas ............
Denver ............
D e t r o i t ..... ......
Los Angeles .......
M i a m i .............
New York ..........
Pittsburgh .........
San Francisco ......
Seattle ...........
Washington, D. C. ••
1,21*5
125
1,1*90
330
270
21*5
785
6 ,6 6 0
2 ,1 5 0
7 ,3 5 5
535
1 ,1 5 0
85
U ,190
*59
103
92
89
89
9k
87
77
120
no
100
90
83
87
*1*1*
—
•51
87
$59
88
75
—
—
81
53
56
81*
81
30
80
68
78
78
68
71
76
71
87
89
81
58
92
90
89
87
35
--
8h
60
85
93
69
100
78
68
81
$66
97
80
87
77
97
80
73
78
95
107
85
82
8k
19k9$
ll* metropolitan areas
$71
107
81*
91
9k
101
89
87
100
101
87
98
89
87
Dwelling units completed October-December 1950,
Atlanta ............
Chicago ...........
Dallas .............
D e t r o i t ....... .
Los Angeles .......
New York ...........
Pittsburgh ........
San Francisco .....
Washington, D. C. ••
31*1
505
3 ,3 5 5
7 ,2 7 5
315
31*
50
—
kk
83
76
78
60
83
67
82
75
107
100
58
78
77
68
73
89
89
88
102
97
99
1*30
1,510
89
—
81*
8h
100
80
96
90
76
7k
8k
108
1 ,5 8 5
1*70
1*8
53
102
90
95
59
105
115
81
82
58
107
97
82
71
98
92
$80
97
91
99
101
111
100
81*
11*3
$75
118
91
85
101*
100
92
100
223
$85
11*9
101
95
107
98
107
120
21*3
—
107
129
108
108
122
201
107
113
101*
10I*
105
112
97
9
85
107
97
101
95
—
*61*
—
127
95
106
__
78
80
—
metropolitan areas
66
n6
91
_
126
129
55
109
99
88
79
97
123
121
82
89
89
86
93
101
115
218*
100
103
101*
105
220
122
109
111
63
11*0
107
98
77
106
87
101*
98
Dwelling units completed January-March 1951* 8 metropolitan areas
Atlanta ...........
Chicago ...........
Dallas ........... .
Los Angeles .......
New York ..........
Pittsburgh.... .
San Francisco .....
Washington, D. C. ••
1,120
210
285
2 ,1 ) 6 0
6,615
360
625
1,030
See footnotes at end of table.
60
61*
n7
99
83
115
no
99
86
57
—
36
72
77
80
63
90
56
120
53
6k
66
68
71
83
8k
108
119
92
99
no
105
61*
67
85
112
78
87
100
79
73
81
85
96
10k
no
83
89
9k
107
115
96
121*
130
92
115
129
96
10k
72
6k
113
99
117
73
—
132
Ik k
230
no
1U5
113
107
97
96
131
135
88
RENTAL HOUSING
Table 27•— New Rented Dwelling Units: Distribution by Income Class of Tenant, Average
Monthly Contract Rent, and Ratio of Rent to Income-Continued
PART C--RATTO OF RENT TO INCOME 6/
Area
Number
of new
rented
dwelling
units
Ratio of rent to income for specified income class
All
income
classes
|2,000
♦3,000
♦u,ooo
♦5,ooo
♦6,000
to
to
to
to
to
2,999
3,999
to
It,999
$7,500
5,999
7,1*99
9,999
Dwelling units completed July-December 191*9, 11* metropolitan areas
Atlanta........ .
Boston............
Chicago ...........
Cleveland .........
Dallas ............
Denver ............
Detroit ...........
Los Angeles .......
Miami .............
New Y o r k ..........
Pittsburgh ........
San Francisco .....
Seattle ...........
Washington, D. C. ••
1,21*5
125
1,1*90
330
270
2U5
785
6,6 6 0
2,150
7,355
535
1 ,1 5 0
85
1*,190
.20
.26
.16
•23
•19
•21*
.23
.22
.26
•21*
.26
.23
.20
.21
.25
.1*2
—
.38
.33
.37
.37
.33
.31*
.1*2
•1*3
.39
.28
.1*1*
.20
.30
.26
.29
.20
.29
.32
.21*
.26
.31
.31*
.27
.23
.28
.18
.26
.21
.23
.21
.2 6
.21
.19
.21
.25
.28
.23
.1 5
.23
.18
.2 0
.20
.22
.19
.19
.22
.22
.22
.19
.19
.22
.19
.22
.11*
.17
.16
.18
.18
.2 0
.18
.1 5
.2 6
.19
.19
.17
.15
.17
.10
.16
.13
.12
.11*
.11*
.13
.11*
.31
.18
.1 5
.17
.15
.11*
Dwelling units completed October-Deceraber 1950, 9 metropolitan areas
1*30
1,510
•21*
CVJ
.
1 ,5 8 5
1*70
31*1
505
3,3 5 5
7,2 7 5
315
-3
Atlanta .......... .
Chicago ...........
Dallas ............
Detroit ...........
Los Angeles .......
New York ..........
Pittsburgh ........
San Francisco .....
Washington, D, C. ••
•25
—
.21
.21
•19
.38
.37
.3 5
•1*9
.1*0
.22
.22
.2 5
.20
.22
.36
.2 0
.28
.23
.28
.23
.31
.33
.29
.2 5
.16
.28
.31
.22
.22
.21*
.27
.21
.22
.13
.23
.12
.21
.21
.18
.17
.1 5
.1 5
.19
.17
.16
.21
.22
.20
.21*
.12
.17
.17
.11*
.12
.12
.11*
.11*
.11*
.19
.11*
Dwelling units completed January-March 1951, 8 metropolitan areas
Atlanta ...........
Chicago ...........
Dallas ............
Los Angeles ...... .
New York • • • • • • • • • • •
Pittsburgh ........
San Francisco .....
Washington, D« C. ••
1,120
210
285
2,1*60
6 ,6 1 5
360
625
1 ,0 3 0
.22
.23
.23
.20
.21
.26
.22
.22
.27
.58
.2 5
.31
.1*1
.51*
.37
.31*
.22
.18
.1 5
.13
.11
.29
.31
.23
.30
.31*
.27
.2 5
.29
.26
.17
.26
.22
.23
.18
.21
.20
.18
.23
.28
.21
.21*
.21
.21
.22
.21*
.19
.18
.13
.16
.20
.18
.17
.19
.16
.10
1/ Less than 1 percent of all renters of new units in the area, 2/ For the li* areas as a whole, the median
Tncome for all families renting new units completed during the last half of 19 l*9 was $1*,630; the average
rent-income ratio was 0.22; and the average size of family was 2.7 persons. 3/ Ten percent reported
incomes of $10,000-12,1*99, and average monthly rent of $12$; 5 percent, incomes of $15,000 and over, and
average monthly rent $11*1. h/ Ten percent reported incomes of $15,000 and over, and average monthly rent
of $21*1*. 5/ The majority reported incomes of $10,000-12,1*99, and average monthly rent of $153* 6/ The
ratio for ^All rented dwelling units” is based pn the average annual income for renting families Tn income
classes of less than $10,000 and the average annual contract rent for these tenants. The ratio for an
income class is based on the midpoint of the income class, and the average annual contract rent for tenants
in the income class.
Note:
Percentage distributions may not always total 100 because of rounding.
61
RENTAL HOUSING
Table 2 8 .—New Rented Dwelling U n its; D istribution by Room Count, and Average Monthly Rent
PART A.—NUMBER OF ROOMS l /
Area
Number
o f new
rented
dwelling
units
All
u nits
Percent of units having sp ecified number of rooms
Less
2 -2 *
3 -3 *
i*-i*J
S-5*
than 2
rooms
rooms
roam.
rooms
rooms
Dwelling units completed July-December 19l*9, Ill metropolitan areas
A tlanta .........................
Boston ...........................
Chicago ••••••••••••
Cleveland ••••••••••
Dallas ................•••••
D en ver..............••••••
D e t r o i t ..............•••••
Los Angeles ••••••••
Miami •••••................
New York .................. ..
P itts b u rg h ................ ..
San Francisco ...........
S e a ttle .........................
Washington, D. C. ••
100
100
100
100
100
100
100
100
100
100
100
100
100
100
l,2l»5
125
1,1*90
330
270
21*5
785
6 ,6 6 0
2 ,1 5 0
7,355
535
1 ,1 5 0
85
1*,190
< fo
(2 /)
d />
2
3
1
(2 /)
1
(2/0
6
22
10
1*
3
h
16
18
19
23
12
19
22
38
la
51*
30
25
20
qfr
1
la
8ft
5
m
(f/)
u
(2 /)
3
(2 /)
Dwelling units completed October-December 1950,
A tlanta ........... ............
Chicago ........................
D a l l a s .................... ..
D etroit .........................
Los Angeles •••••••«
New York .......................
P itts b u rg h ................ ..
San Francisco ••••••
Washington, D. C. ••
100
100
100
100
100
100
100
100
100
1,585
1*70
31*0
505
3 ,3 5 5
7 ,2 7 5
315
1*30
1 ,5 1 0
3
(2 /)
11
9
1
6
11
10
(2 /)
i
1*6
(2 /)
1
5
(2 /)
qj)
q/)
2
1*7
39
13
8
50
1*8
36
35
31*
y
18
1*9
33
7
63
22
61
51
32
25
27
U7
29
51*
1*3
33
52
11*
61*
18
27
23
10
5
17
31*
17
13
9 metropolitan
36
1*7
29
66
33
35
31
1*8
15
6 or
more
rooms
(2 /)
17
18
8ft
(j/)
<f/>
“ 1
1
1
1
9
6
1
areas
5
i
3
32
(2/0
13
1
(2 /)
1
(2 /)
5
(2 /)
It
38
19
6
6
8
PART B .—AVERAGE MONTHLY CONTRACT RENT BY NUMBER OF ROOMS 1 /
Area
Nuirfcer
of new
rented
dwelling
units
Average monthly co n tra ct re n t fo r sp ecified number o f rooms
Average
a ll
u n its
Less
than 2
rooms
2 -2 *
rooms
3 -3 *
rooms
i*-U*
rooms
5-5|
rooms
6 or
more
rooms
Dwelling units completed July-December 19l*9, ll* metropolitan areas
A A n t.a .................
Boston
Chicago *.«• .«• • • »..
Cleveland . . . . . . . . . .
Dallas
Denver ....................
D etroit . . . . . . . . . . . .
Los Angeles t . f . . . . .
Miami ..................
New York •••••••••••
Pittsburgh . . . . . . . . .
San Francisco . . . . . .
S e a ttle . . . . . . . . . . . .
Washington, D. C. • •
1,21*5
125
1,1*90
330
270
21*5
785
6 ,6 6 0
2 ,1 5 0
7,355
535
1 ,1 5 0
85
1*,190
A tlanta . . . . . . . . . . . .
Chicago . . . . . . . . . . . .
Dallas
D etroit . . . . . . . . . . . .
T / * a Anpales . . . . . . . .
Y n rk .......................... ...
W t.tahnrffh
San Francesco . . . . . .
Washington, D. C. • •
1,585
1*70
31*0
505
3 ,3 5 5
7 ,2 7 5
a
1 ,5 1 0
$59
103
92
89
89
158
♦1*1*
100
5o
65
9h
$57
102
97
78
76
77
85
70
121
io5
106
70
75
81
$58
97
102
88
80
99
86
76
121*
51
ill*
1*6
71*
69
101
96
81
96
51*
97
87
78
82
116
98
93
110
$71
9h
88
U2
95
98
90
86
101
150
98
103
81*
99
87
81
77
126
66
120
116
110
91*
75
98
100
91
75
66
83
90
86
10*
83
87
85
87
Dwelling units completed October-December 1950, 9 metropolitan area is
53
102
95
83
75
107
100
89
96
99
1*5
81*
100
103
69
86
70
95
87
90
100
•
•
72
97
U9
96
86
17l*
$137
97
•
•
-
232
93
350
11*1*
130
100
13U
113
92
no
120
106
-
96
139
92
-
1 / For the 14 areas combined, the d istrib u tio n of new u nits (completed during July-December 1949) by room
count was as follow s: 1 percent had le s s than 2 rooms; 8 p ercent, 2 rooms; 39 p ercen t, 3 rooms; 32 p ercen t,
4 rooms; 17 percen t, 5 rooms; and 2 percent, 6-or-more rooms. Data fo r 1951 not a v a ila b le . See t e x t ,
footnote 2 .
2 / Less than 1 percent of a l l new rented u nits in the a re a .
Note: Percentage d istrib u tio n s may not t o t a l 100 because of rounding.
http://fraser.stlouisfed.org/ " 5 "
Federal Reserve Bank of St. Louis
RENTAL HOUSING
Table 2 9 -— N e w Rented Dwelling Units?
Included in Monthly Rent.
Area
Proportion Having Specified Utilities and Equipment
Percent of rented units for wnich monthly rent included—
Numb e r
of n e w
rented
dwelling
units
Utilities ]/
Elec
tricity
Water
Heat
Equipment l /
...
Cooking
fuel
Hot
water
Refrig Cooking
Garage
erator
stove
Furniture
N e w dwelling unitsi completed July-December 19i*9, lit metropolitan areas
Atlanta ............
Boston .............
Chicago .............
Cleveland
Dallas ..............
Denver ..............
Detroit .............
Los Angeles ........
Miami ...............
N e w York ............
Pittsburgh .........
San Francisco ......
Seattle ............
Washington, D. C. ••
ll* areas combined ..
1,21*5
1
3h
1 2 5
1,1*90
330
270
2U5
785
6 ,6 6 0
2,150
7,35$
535
1,150
85
It,190
26,615
15
(2 /)
66
5
(2/)
6
16
9
77
36
(2/)
88
2i*
81*
78
97
76
61*
82
82
97
100
100
91*
3l*
91
100
95
1
58
22
1
66
3l*
12
7
(2/)
Too
38
36
21*
97
51
6
58
23
76
61*
1*0
11*
11
30
100
88
36
29
97
56
1
37
11*
(2/)
"65
26
(2/)
7
11*
13
77
37
(2/)
97
27
71*
70
90
93
55
1*9
73
21*
91
98
81
1*7
52
1 0 0
73
75
87
91
93
55
58
75
21*
93
98
88
51*
82
100
71*
3
53
1
83
21*
26
7
70
1
3
5
83
17
(2/)
21*
1
8
1
(2/)
52
12
(2/)
8
1*8
(2/)
(2 /)
2
(2/)
1
7
N e w dwelling units completed October-December 1950, 9 metropolitan areas
Atlanta ............
Chicago ............
D a l l a s ........ .
Detroit ............
Los Angeles ........
N e w York ...........
Pittsburgh .........
San F r a n c i s c o ......
Washington, D. C. ..
1 ,5 9 5
1*70
31*0
505
3,355
7,275
315
1*30
1,510
1 / Data fo r 1951 not av ailab le.
the area.
2
31
1*3
6
10
16
58
(2/)
80
97
83
60
100
92
99
100
66
6
70
1*5
9
12
100
96
53
10
16
99
100
11*
87
25
38
97
See t e x t , footnote 2 .
6
66
1*
51
1*5
6
12
16
75
(2/)
30
85
71*
28
91*
20
99
96
1*3
99
86
71*
28
91*
20
99
96
1*3
100
1
1
H*
6
8
1
20
1
(2/)
“ 1*2
(2/)
loo
(2/)
(50
71
3
2 / Less than 1 percent of a l l new rented units
(2/)
1
in
63
RECENT PU BLICATIO NS O N NEW H O U SIN G IN M ETRO PO LITAN A REAS
The following list of articles, analyzing results of the Bureau*s Area Housing Surveys, appeared in
various issues of the Monthly Labor Review and Construction* Reprints are available free, while the supply
lasts, from the Bureau of Labor Statistics, U. S. Department of Labor, Washington 25, D. C.
VOLUME AND STRUCTURAL CHARACTERISTICS OF NEW HOUSING
New Housing in Metropolitan Areas. Reprint No. 2007, Monthly Labor Review, Oct. 1950. S tru ctu ral charac
t e r i s t i c s of new 1-fam ily houses sta rte d July-December 1 9 U 9 > ^ m e tro p o lita n are a s.
h pp.
Housing and Population in Metropolitan Areas. Reprint No. 2069, Monthly Labor Review, Jan. 1951.
homebuilding ra te in re la tio n to population in crease, 15 metropolitan areas.
2 pp.
Postwar
Supplement to Construction. May 1951. For 15 metropolitan are a s, covers volume of new housing put under
construction fo r 191*6-50, by type of ownership (p riv ate and p u b lic), type of stru ctu re ( 1 - , 2-U, and m ulti
fam ily), and presents the average construction co st of private 1-fam ily houses s ta rte d .
36 pp.
Features and Costs of New 1-Family Houses. Reprint No. 2052, Monthly Labor Review, Ju ly 1951. Trends in
s tru ctu ra l c h a r a c te r is tic s , construction c o s ts , and type of builder fo r new 1-fam ily houses sta rte d during
selected periods, 19U9-51, 6 metropolitan are a s.
2 pp.
Regional Differences in C h a ra cte ristics of New Houses. Reprint No. 2075, Monthly Labor Review, Feb. 1952.
Regional differen ces in s tru c tu ra l c h a ra c te r is tic s and construction co st fo r new 1-fam ily houses completed
April-September 1950, 8 metropolitan areas.
3 pp.
NEW SALES AND RENTAL HOUSING
New Home Financing in 9 Large City Areas. Reprint No. 2011, Monthly Labor Review, Dec. 1950. Sales
p rice s, veteran s ta tu s 7 down payments, type and source o f mortgage financing fo r new 1-fam ily houses com
pleted July-December 19U9*
3 pp.
New Home Financing in Washington Area. Reprint No. 2035. Monthly Labor Review, May 1951. E ffe cts of mort
gage cre d it co n tro ls, and trends in purchase p ric e s , re n ts , incomes, down payments, and financing fo r new
sales and re n ta l housing completed during selected periods, 19U9-50.
h pp.
Purchasers1 Incomes and New Home Financing. Reprint No. 2051, Monthly Labor Review, Ju ly 1951. Purchase
p ric e , mortgage amount and monthly payments in re la tio n to income, and d etailed financing c h a ra c te r is tic s
fo r new 1-fam ily houses completed July-December 19U9, 15 metropolitan are a s.
5 PP*
Family Income and New Rental Housing. Reprint No. 2053, Monthly Labor Review, Ju ly 1951. Monthly rent
paid, rent-income relation sh ip s and size of household, veteran s ta tu s , room count, and u t i l i t i e s and equip
ment provided with rent fo r new dwelling units completed July-December 19ii9, Hi metropolitan a reas.
5 PP*
New Rental Housing C h a ra cte ristics in 9 Areas. Reprint No. 2068, Monthly Labor Review, Dec. 1951. Trends
fo r 19^9-51 in monthly co n tract re n t, size o f household, rent-income relatio n sh ip s, veteran s ta tu s , and
c h a ra c te r is tic s of the u n its.
Veterans and the Cost of Homebuying. Reprint from Construction, Feb. 1952. Analyzes housing debt in r e la
tio n to income fo r veterans and nonveterans, 1950, 10 metropolitan areas.
3 PP*
Financing of New Sales Housing in Metropolitan Areas. Reprint No. 2078, Monthly Labor Review, Apr. 1952.
E ffects of mortgage c re d it co n tro ls, types of mortgage financing, down payments, veteran statu s and incomes
of homebuyers, area v ariatio n s and trends in sales p rices fo r new 1-fam ily houses completed during 19U9-51,
10 metropolitan a re a s. 5 PP*
U. S. GOVERNMENT PRINTING OFFICE : O — 1952
U.
S.
DEPARTMENT
BUREAU
OF
LABOR
Washington
BUREAU
REGION I .
Wendell
261
D.
10.
(Pho n e :
LABOR
25.
C.
REGIONAL
NEW ENGLAND
Robert
Room
Massachusetts
2-2115)
R.
New
Maine,
Hampshire,
MIDDLE ATLANTIC
Behlow
1000
341
Ninth
New
York
Avenue
1,
(Phone:
(Connecticut.
OFFICES
REGION I I .
Street
Liberty
LABOR
D.
STATISTICS
MacDonald
Franklin
Boston
OF
OF
STATISTICS
New
York
Lackawanna
4-9400)
Massachusetts,
Rhode
Island,
Vermont)
(Delaware,
New
Jersey,
New
York,
Pennsylvania)
REGION I I I .
Brunswick
Room
50
A.
REGION I V.
Bagdon
Adolph
664
- 7th
Atlanta
Street,
5,
(Ph o n e :
(Alabama.
Louisiana,
N.
E.
Georgia
Elgin
Columbia,
North
SOUTHERN
District
Maryland,
Carolina.
Virginia,
West
South
Illinois
Andover
3-3600)
Indiana.
Michigan,
Missouri,
Montana,
Ohio,
Iowa,
Kansas,
Minnesota,
Nebraska,
South Dakota,
North
Wisconsin
Virginia)
PACI FI C- ROCKY MOUNTAIN
Kossoris
Room
1074
870
Market
San
Francisco
Street
the
labor
Bureau's
California
California,
New
Washington,
of
2,
Yukon-2-5800
(Arizona,
Nevada,
Building
Boulevard
Kentucky,
Dakota,
(Phone:
sultation .
6.
Agencies
Texas,
M a x D.
to
War
Jackson
(Illinois.
REGION V.
services
West
of
Mississippi,
Oklahoma,
Tennessee,
available
226
(Pho n e :
Georgia.
Carolina,
The
National
Chicago
Arkansas,
Berger
312
3311)
Florida,
O.
NORTH CENTRAL
Mexico,
Idaho,
Utah.
Wyoming)
regional
organizations,
Colorado,
Oregon,
directors
management,
and
and
their
the
technical
general
public
staffs
for
are
con
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