Wednesday, January 12, 2022

The Last Months of 2021 Saw Single-Family Permit Gains

 


The last months of 2021 saw a great gain in single-family permits in the housing industry. In the first ten months of the year, nationwide single-family permits totaled 948,321. Year-to-date (YTD) this shows a 17.3% increase from October 2020.

Each region had increases in single-family permits issued. The South reported the highest increase of 19.1%, next was the Northeast at 18.5%, the West at 15.6% and the Midwest came in with the smallest increase at 12.4%. Multifamily also saw an increase across all four regions. The West the most at 38.6%, Midwest 30.3%, the South at 23.8% and the Northeast at 15.5%.

At the local level, below are the top 10 metro areas that issued the highest number of single-family permits:

Metropolitan Statistical AreaSingle-family Permits: (Units #YTD, NSA)
Houston-The Woodlands-Sugar Land, TX44,342
Dallas-Fort Worth-Arlington, TX43,012
Phoenix-Mesa-Scottsdale, AZ30,013
Atlanta-Sandy Springs-Roswell, GA27,283
Austin-Round Rock, TX20,895
Tampa-St. Petersburg-Clearwater, FL16,613
Charlotte-Concord-Gastonia, NC-SC16,310
Orlando-Kissimmee-Sanford, FL15,006
Jacksonville, FL13,809
Nashville-Davidson–Murfreesboro–Franklin, TN13,766

 

For multifamily permits, below are the top 10 local areas that issued the highest number of permits:

Metropolitan Statistical AreaSingle-family Permits: (Units #YTD, NSA)
New York-Newark-Jersey City, NY-NJ-PA34,380
Dallas-Fort Worth-Arlington, TX22,782
Austin-Round Rock, TX21,925
 Seattle-Tacoma-Bellvue, WA17,305
Los Angeles-Long Beach-Anheim, CA16,880
Denver-Aurora-Lakewood, CO13,345
Houston-The Woodlands-Sugar Land, TX12,959
Miami-Fort Lauderdale-West Palm Beach, FL12,771
Phoenix-Mesa-Scottsdale, AZ12,671
Minneapolis-St. Paul-Bloomington, MN-WI12,499

Click Here For the Source of the Information.

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