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Single-Family Permits Fell Sharply Throughout 2022

Pro Builder

Single-Family Permits Fell Sharply Throughout 2022. Single-family building permits decreased in all four regions in November 2022, but multifamily permitting closed out the year with strong gains. year-over-year from the November 2021 total of 1,029,208, NAHB Eye on Housing reports. Permits were 25.2%

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Single-Family and Multifamily Permits on the Rise

Pro Builder

Single-Family and Multifamily Permits on the Rise. The top 20 markets for new single-family and multifamily construction. Home building is making a modest recovery after the 2020 pandemic with construction rates over 130% higher than in 2011, says the NAHB. . Construction. Thu, 10/21/2021 - 09:51. Read More. .

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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 NAHB reports. New-Construction Projects. New-Construction Projects.

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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. In July of this year, that number hit 525,623, according to NAHB.

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Single-Family Home Construction Time Increases Again

Pro Builder

Single-Family Home Construction Time Increases Again. months to finish constructing a single-family home in 2019, from authorization to start until completion. months to complete construction and 7.7 months in 2018, according to NAHB. Construction. New Construction Projects. cbroderick. months in 2019.

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Housing Starts Slumped in November Despite Retreating Mortgage Rates

Pro Builder

Mortgage rates fell slightly throughout November, but despite a gradual improvement in housing affordability, new housing starts and building permits posted monthly declines. Much like new housing starts, building permits also suffered a tough blow in November, dropping 11.2% New-Construction Projects. Wed, 12/21/2022 - 10:47.

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Single-Family Starts Fall to Two-Year Low as Construction Costs Rise, Demand Softens

Pro Builder

Single-Family Starts Fall to Two-Year Low as Construction Costs Rise, Demand Softens. The pace of single-family housing starts is slowing, but over 800,000 homes are currently under construction across the U.S. There are currently 856,000 apartments under construction, up 24% from a year ago. New-Construction Projects.

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