Showing posts with label Eye On Housing. Show all posts
Showing posts with label Eye On Housing. Show all posts

Thursday, April 29, 2021

The New Year Began With Strong Single-Family Permit Gains



The National Association of Home Builders Eye On Housing reports that January 2021 was a month to celebrate in the housing industry. Single-family permit gains saw a year-over-year 19.2% increase from January 2020. In January 2020 the level was reported at 70,386 and in January 2021 the level reached 83,921 year-to-date YTD.

All four regions saw increases. The Midwest saw an increase of 21.5%, right behind the Northeast with a 20.7% increase, the South 20.3% and the West came in last with a 15.1% increase. Sources feel that the Midwest saw the biggest increase due to the area's more affordable housing.

Not all states saw a YTD increase from January 2020 to January 2021. The highest increase was in South Dakota going from 99 to 202 with a 104% increase. The biggest decline was seen in Montana from 171 in 2020 to 144 in 2021 making this a decline of 15.8%. The top 10 states with the highest numbers combined accounted for 64.1% of the total single-family permits issued.

Metropolitan Statistical Area Single-family Permits: Jan (Units #YTD, NSA)

 
Metropolitan Statistical AreaSingle-family Permits: Jan (Units #YTD, NSA)
Dallas-Fort Worth-Arlington, TX4,330
Houston-The Woodlands-Sugar Land, TX4,258
Phoenix-Mesa-Scottsdale, AZ2,656
Atlanta-Sandy Springs-Roswell, GA2,622
Tampa-St. Petersburg-Clearwater, FL1,954
Austin-Round Rock, TX1,940
Charlotte-Concord-Gastonia, NC-SC1,506
Washington-Arlington-Alexandria, DC-VA-MD-WV1,335
Jacksonville, FL1,275
Nashville-Davidson–Murfreesboro–Franklin, TN1,208

Click Here For the Source of the Information.