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Summer 2021 Saw An Increase in Single-Family Permit Gains

According to the National Association of Home Builders, the first 8 months of 2021 reported 775,772 single-family permits issued year-to-date. Compared on a year-over-year basis the end of summer 2021 saw a 25.8% increase over August 2020.

All four regions of the country reported increases. The highest in the Northeast was at 29.3% and the lowest was in the Midwest at 21.6%. The remaining regions were as follows the South at 26.4% and the West at 25.7%. Multifamily was also on the rise with 33.7% in the West, 27.2% in the Northeast, 24.9% in the Midwest and 24.6% in the South.

The same goes for all 50 states and the District of Columbia which reported increases across the country. The highest was in the District of Columbia with an increase of 208% from 87 to 268. The total of the 10 highest states was 62.3%

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

Metropolitan Statistical Area Single-family Permits: Aug (Units #YTD, NSA)
Houston-The Woodlands-Sugar Land, TX 36,359
Dallas-Fort Worth-Arlington, TX 35,572
Phoenix-Mesa-Scottsdale, AZ 25.209
Atlanta-Sandy Springs-Roswell, GA 22,768
Austin-Round Rock, TX 17,375
Tampa-St. Petersburg-Clearwater, FL 13,603
Charlotte-Concord-Gastonia, NC-SC 13,174
Orlando-Kissimmee-Sanford, FL 12,068
Nashville-Davidson–Murfreesboro–Franklin, TN 11,482
Jacksonville, FL 11,400

Click Here For the Source of the Information.