Help Shape What’s Next for NAHB
 
Take the Industry Pulse Check. Learn more
 

Single-Family Permits Hold Steady in April

Economics
Published

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.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Economics

May 06, 2026

Mortgage Rates, Inflation and Yields All Rise in April

Mortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than March.

Workforce Development

May 05, 2026

Philadelphia BIA Member Shifts How Local Community Views the Trades

For Jordan Parisse-Ferrarini, a member of the Building Industry Association of Philadelphia, a career that began with his family’s small business and tools from a pawn shop has flourished into multiple companies, numerous advisory roles and a passion for developing the next generation of skilled trades professionals.

View all

Latest Economic News

Economics

May 04, 2026

Mortgage Rates Climb as Inflation Rebounds and Yields Rise

Mortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than March. The average 15-year rate also increased by 13 bps to 5.69%. Despite the recent increase, both rates remain lower than a year ago by 39 bps and 21 bps, respectively.

Economics

May 01, 2026

Student Housing Construction Investment Holds Steady in the First Quarter of 2026

Private fixed investment in student dormitories edged up 0.1% in the first quarter of 2026, holding at a seasonally adjusted annual rate (SAAR) of $3.9 billion. This modest gain marked a third consecutive quarterly increase, despite continued pressures from elevated interest rates. However, on a year-over-year basis, investments in dorms remained almost unchanged.

Economics

Apr 30, 2026

Housing’s Share of GDP Dips Below 16% for First Time Since 2019

Housing’s share of the economy was 15.9% in the first quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is down from 16.0% in the fourth quarter and is lower than 16.5% registered just one year ago.