Strong Single-Family Permit Gains in January


Over the first month of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 83,921. On a year-over-year (YoY) basis, this is a 19.2% increase over the January 2020 level of 70,386.

Year-to-date ending in January, single-family permits reported increases in all four regions. The relatively more affordable Midwest reported the strongest increase of 21.5%, followed by the Northeast (+20.7%), the South (+20.3%), and the West (15.1%). Except for the Western region (+18.6%), multifamily permits were sluggish across the rest of the country compared to January 2020; the Midwest saw a decline of 18.5% while the Northeast (+3.3%) and the South (+6.2%) reported modest increases.

Between January 2020 YTD and January 2021 YTD, 46 states and the District of Columbia saw growth in single-family permits issued, while four states registered a decline. South Dakota recorded the highest growth rate during this time at 104.0% from 99 to 202, while single-family permits in Montana declined by 15.8%, from 171 in 2020 to 144 in 2021. The 10 states issuing the highest number of single-family permits combined accounted for 64.1% of the total single-family permits issued.

Year-to-date, ending in January 2021, the total number of multifamily permits issued nationwide reached 44,916. This is 5.8% ahead over the January 2020 level of 42,463.

Between January 2020 YTD and January 2021 YTD, 29 states recorded growth while 21 states and the District of Columbia recorded a decline in multifamily permits. Hawaii led the way with a sharp rise (1,537.5%) in multifamily permits from 8 to 139, while Ohio had the largest decline of 82.7% from 1,559 to 270. The 10 states issuing the highest number of multifamily permits combined accounted for 72.1% of the multifamily permits issued.

At the local level, below are top 10 metro areas that issued the highest number of single-family permits.

Metropolitan Statistical Area Single-family Permits: Jan (Units #YTD, NSA)
Dallas-Fort Worth-Arlington, TX                                                                             4,330
Houston-The Woodlands-Sugar Land, TX                                                                             4,258
Phoenix-Mesa-Scottsdale, AZ                                                                             2,656
Atlanta-Sandy Springs-Roswell, GA                                                                           2,622
Tampa-St. Petersburg-Clearwater, FL                                                                             1,954
Austin-Round Rock, TX                                                                             1,940
Charlotte-Concord-Gastonia, NC-SC                                                                             1,506
Washington-Arlington-Alexandria, DC-VA-MD-WV                                                                           1,335
Jacksonville, FL                                                                             1,275
Nashville-Davidson–Murfreesboro–Franklin, TN                                                                           1,208

For multifamily permits, below are the top 10 local areas that issued the highest number of permits:

Metropolitan Statistical Area  Multifamily Permits: Jan (Units #YTD, NSA)
New York-Newark-Jersey City, NY-NJ-PA                                                                           4,470
Dallas-Fort Worth-Arlington, TX                                                                           2,729
Austin-Round Rock, TX                                                                           2,662
Los Angeles-Long Beach-Anaheim, CA                                                                         2,444
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD                                                                           1,748
Seattle-Tacoma-Bellevue, WA                                                                           1,591
Phoenix-Mesa-Scottsdale, AZ                                                                           1,414
Minneapolis-St. Paul-Bloomington, MN-WI                                                                         1,357
Miami-Fort Lauderdale-West Palm Beach, FL                                                                           1,270
Washington-Arlington-Alexandria, DC-VA-MD-WV                                                                         1,148


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