Over the first seven months of 2020, total single-family permits issued year-to-date (YTD) nationwide reached 525,623. On a year-over-year (YoY) basis, this is an 5.8% increase over the July 2019 level of 496,726.
Year-to-date ending in July, single-family permits across the four regions ranged from an increase of 8.6% in the South to a decline of 1.7% in the Northeast. In multifamily permits, Midwest reported a 1.4% increase while the other three regions reported declines – Northeast (-6.0%), West (-5.1%), and South (-0.5%).
Between July 2019 YTD and July 2020 YTD, 35 states saw growth in single-family permits issued while 14 states and the District of Columbia registered a decline. Louisiana recorded no change during this time. South Dakota recorded the highest growth rate during this time at 35.9% from 1,508 to 2,050 while single-family permits in the District of Columbia declined by 41.0%, from 117 in 2019 to 69 in 2020. The 10 states issuing the highest number of single-family permits combined accounted for 61.6% of the total single-family permits issued.
Year-to-date, ending in July 2020, the total number of multifamily permits issued nationwide reached 270,338. This is 2.3% decline over the July 2019 level of 276,841.
Between July 2019 YTD and July 2020 YTD, 25 states recorded growth while 25 states and the District of Columbia recorded a decline in multifamily permits. North Dakota led the way with a sharp rise (248.6%) in multifamily permits from 218 to 760, while New Hampshire reported the largest decline of 54.1% from 577 to 265. The 10 states issuing the highest number of multifamily permits combined accounted for 63.9% of the multifamily permits issued.
At the local level, below are top 10 metro areas which issued the highest number of single-family permits.
|Metropolitan Statistical Area||Single-family Permits: July (Units #YTD, NSA)|
|Houston-The Woodlands-Sugar Land, TX||25,577|
|Dallas-Fort Worth-Arlington, TX||23,535|
|Atlanta-Sandy Springs-Roswell, GA||14,505|
|Austin-Round Rock, TX||11,649|
|Tampa-St. Petersburg-Clearwater, FL||8,924|
For multifamily permits, below are the top 10 local areas which issued the highest number of permits:
|Metropolitan Statistical Area||Multifamily Permits: July (Units #YTD, NSA)|
|New York-Newark-Jersey City, NY-NJ-PA||23,317|
|Houston-The Woodlands-Sugar Land, TX||12,391|
|Austin-Round Rock, TX||11,424|
|Dallas-Fort Worth-Arlington, TX||10,571|
|Los Angeles-Long Beach-Anaheim, CA||10,225|
|Miami-Fort Lauderdale-West Palm Beach, FL||9,335|
|Minneapolis-St. Paul-Bloomington, MN-WI||6,778|