Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over the November 2020 level of 888,217.
Year-to-date ending in November, single-family permits increased in all four regions. Southern region reported the strongest increase of 17.6%, followed by Northeast (+15.8%), West (+13.9%), and Midwest (+12.0%). Multifamily permits were robust across the country in November compared to last year; West (+38.0%), Midwest (+25.6%), South (+24.5%), and Northeast (+14.0%).
Between November 2020 YTD and November 2021 YTD, 48 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 180.2% from 131 to 367. Mississippi and Maryland reported a decline during this time. The 10 states issuing the highest number of single-family permits combined accounted for 62.2% of the total single-family permits issued.
Year-to-date, ending in November 2021, the total number of multifamily permits issued nationwide reached 543,508. This is 26.5% ahead over the November 2020 level of 429,734.
Between November 2020 YTD and November 2021 YTD, 39 states recorded growth while 11 states and the District of Columbia recorded a decline in multifamily permits. New Mexico led the way with a sharp rise (158.5%) in multifamily permits from 790 to 2,042, while Connecticut had the largest decline of 47.7% from 2,782 to 1,454. The 10 states issuing the highest number of multifamily permits combined accounted for 62.5% of the multifamily permits issued.
At the local level, below are top 10 metro areas that issued the highest number of single-family permits.
For multifamily permits, below are the top 10 local areas that issued the highest number of permits: