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Building Permits Gain Year-Over-Year

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Market Data + Trends

Building Permits Gain Year-Over-Year

Single-family permits issued year-to-date nationwide reached 681,949 compared with 525,623 for the year to date ended in July


September 20, 2021
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Photo: stock.Adobe.com

The total number of permits for single-family new home construction issued during the first seven months of 2021 increased 29.7% over the comparable year ago period ended July 2020, according to U.S. Census Bureau figures.

Year-to-date ending in July, single-family permits increased in all four regions. The Northeast region reported the strongest increase of 32.2%, followed by the South (+30.4%), the West (+29.8%), and the Midwest (+25.8%). Multifamily permits were robust across the country in July compared to last year; the West (+28.2%), Northeast (+25.6%), the South (+18.0%), and the Midwest (+15.7%).

Between July 2020 YTD and July 2021 YTD, all 50 states and the District of Columbia saw growth in single-family permits issued. The District of Columbia recorded the highest growth rate during this time at 226.1% from 69 to 225. The 10 states issuing the highest number of single-family permits combined accounted for 62.4% of the total single-family permits issued.

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