Strong Single-Family Permit Gains to Start the Year

Filed in Economics by on April 14, 2021 1 Comment

The total number of single-family permits issued year-to-date (YTD) nationwide reached 164,901— a 16.6% increase over February 2020. Single-family permits increased in all four regions, with the Midwest reporting the strongest increase (24%) and the West reporting the smallest increase (13.6%).

single-family permit gains

Growth in single-family permits occurred in 44 states and the District of Columbia, while six states registered a decline. The District of Columbia recorded the highest growth rate (308.3%), with an increase from 12 to 49, while single-family permits in Vermont declined by 17.7%, from 124 in 2020 to 102 in 2021. The 10 states issuing the highest number of single-family permits combined accounted for 63.8% of the total single-family permits issued.

Here are top 10 metro areas that issued the highest number of single-family permits:

Metropolitan Statistical Area Single-Family Permits: February
(Units # YTD, NSA)
Dallas-Fort Worth-Arlington, TX 8,204
Houston-The Woodlands-Sugar Land, TX 7,605
Phoenix-Mesa-Scottsdale, AZ 5,906
Atlanta-Sandy Springs-Roswell, GA 5,459
Austin-Round Rock, TX 3,763
Tampa-St. Petersburg-Clearwater, FL 3,190
Charlotte-Concord-Gastonia, NC-SC 3,074
Jacksonville, FL 2,521
Raleigh, NC 2,383
Nashville-Davidson-Murfreesboro-Franklin, TN 2,348

Danushka Nanayakkara-Skillington, NAHB assistant vice president for forecasting and analysis, provides more in this Eye on Housing post.

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