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Study Reveals Room for Growth
Survey results show a fluctuation between what households intended to buy and what they purchased.
Laura Butalla, Senior Editor
August 1, 2006
Professional Builder
Owens Corning conducted a housing survey of 1,217 households to find out who intended to purchase a new home in the next 18 months and what kind of home they were interested in buying. The following charts compare the intention to buy to the actual 2005 housing market. The results show a fluctuation between what households intended to buy and what they purchased.
| Existing site-built home | 59% |
| New site-built home | 29% |
| New HUD home | 7% |
| New modular home | 5% |
| 7 million existing site-built homes | 80% |
| 1.6 million new site-built homes | 18% |
| 130,000 HUD homes | 1.5% |
| 40,000 modular homes | 0.5% |
| Under $100,000 | 23% |
| $100,000–$200,000 | 44% |
| $201,000–$300,000 | 20% |
| $301,000–$500,000 | 13% |
Source: Owens Corning | |
© 2008, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.