Strong Single-Family Permit Gains to Start the Year
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%).
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|
|Atlanta-Sandy Springs-Roswell, GA||5,459|
|Austin-Round Rock, TX||3,763|
|Tampa-St. Petersburg-Clearwater, FL||3,190|
Danushka Nanayakkara-Skillington, NAHB assistant vice president for forecasting and analysis, provides more in this Eye on Housing post.