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Single-Family Construction Permits Point to Building Growth

Pro Builder

Single-Family Construction Permits Point to Building Growth. Numbers for single-family home construction remained flat in May with a 675,000 seasonally adjusted annual rate, but permits are signaling a promising growth. Single-family permits jumped nearly 12% last month, only 1.8% of what they were in 2019. cbroderick.

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Single-Family Permits 12% Higher Than Previous Year

Pro Builder

Single-Family Permits 12% Higher Than Previous Year. Nationwide, issued single-family permits in November increased 12.2% In November 2020, permits reached 888,217, whereas, in November 2019, permits hit 791,452. The South experienced the highest growth of permits with a 14.4% cbroderick. Read More. .

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Commercial Construction Industry Trends: The “Highs” and “Lows” that Shaped 2019

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With the countdown on to 2020 – and the start of a brand-new decade right around the corner – it’s time for our annual look back at the commercial construction industry “highs” and “lows” from 2019. At RECon 2019 in Las Vegas, where Englewood hosted a cocktail party, CRE professionals were thinking more openly about commercial property uses.

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August Was Robust for Single-Family Permits

Pro Builder

August Was Robust for Single-Family Permits. Single-family permits during the first eight months of the year rose 6.9% Simultaneously, permits for multifamily construction saw a perhaps pandemic induce decline of 6.2% compared with the comparable 2019 year-to-date period. of the total single-family permits issued.

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September Single-Family Permits Rise as Multifamily Falls

Pro Builder

September Single-Family Permits Rise as Multifamily Falls. From the beginning of 2020 until September, total single-family permits increased 10.2% In 2019, the number of total permits hit 647,244 while total permits for the first nine months of 2020 reached 713,286. of the total single-family permits issued.

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July Single-Family Permits See Year-Over-Year Increase

Pro Builder

July Single-Family Permits See Year-Over-Year Increase. There were more single-family permits issued in July this year than last year, with a year-over-year increase of 5.8%. In July 2019, there were 496,726 single-family permits issued nationwide. Permits per US region and state varied greatly though. cbroderick.

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National Gains for Single-Family Permits Led By the South

Pro Builder

National Gains for Single-Family Permits Led By the South. Nationwide, the number of issued single-family permits has surpassed 2019 levels, but some states reported significant declines. higher than 2019, reaching 808,301. higher than 2019, reaching 808,301. of the total single-family permits issued.

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