Single-Family Permits Hold Steady in April
Over the first four months of 2024, the total number of single-family permits issued year to date (YTD) nationwide reached 336,124. This is an increase of 25.3% on a year-over-year basis over the April 2023 level of 268,205.
Single-family permits were up in all four regions YTD in April. The range of permit increase spanned 36.4% in the West to 12.6% in the Northeast. The Midwest was up by 27.2%, and the South was up by 22.7% in single-family permits during this time.
For multifamily permits, three out of the four regions posted declines. The Northeast — the only region to post an increase — was up by 51.2%, while the West posted a decline of 36.4%, the South declined by 27.9%, and the Midwest declined by 11.6%.
At the local level, below are the top 10 metro areas that issued the highest number of single-family permits.
| Top 10 Largest Single-Family Markets | April 2024 - # of Units YTD, NSA | YTD % Change (Compared to April 2023) |
| Houston-The Woodlands-Sugar Land, TX | 18,828 | 22% |
| Dallas-Fort Worth-Arlington, TX | 16,404 | 29% |
| Phoenix-Mesa-Scottsdale, AZ | 11,056 | 68% |
| Atlanta-Sandy Springs-Roswell, GA | 9,398 | 27% |
| Charlotte-Concord-Gastonia, NC-SC | 6,746 | 9% |
| Austin-Round Rock, TX | 6,322 | 31% |
| Tampa-St. Petersburg-Clearwater, FL | 5,369 | 27% |
| Nashville-Davidson-Murfreesboro-Franklin, TN | 4,873 | 9% |
| Jacksonville, FL | 4,519 | 29% |
| Orlando-Kissimmee-Sanford, FL | 4,488 | -16% |
For multifamily permits, below are the top 10 local areas that issued the highest number of permits.
| Top 10 Largest Multifamily Markets | April 2024 - # of Units YTD, NSA | YTD % Change (Compared to April 2023) |
| New York-Newark-Jersey City-NY-NJ-PA | 18,811 | 85% |
| Dallas-Fort Worth-Arlington, TX | 9,161 | 16% |
| Phoenix-Mesa-Scottsdale, AZ | 6,003 | -17% |
| Atlanta-Sandy Springs-Roswell, GA | 5,237 | -10% |
| Miami-Fort Lauderdale-West Palm Beach, FL | 4,244 | -36% |
| Houston-The Woodlands-Sugar Land, TX | 4,225 | -45% |
| Los Angeles-Long Beach-Anaheim, CA | 4,134 | -24% |
| Austin-Round Rock, TX | 4,128 | -32% |
| Seattle-Tacoma-Bellevue, WA | 3,875 | 3% |
| Washington-Arlington-Alexandria-DC-VA-MD-WV | 3,766 | 8% |
Danushka Nanayakkara-Skillington, NAHB’s assistant vice president for forecasting and analysis, provides more state-by-state analysis in this Eye on Housing post.
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