37 States See Housing Permit Growth Over Past Year
Originally published by the following source: NAHB — October 16, 2017
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According to the Census Bureau, over the first eight months of 2017 the total number of permits, which included single-family and multi-family, issued, nationwide on a not seasonally adjusted basis reached 852,825. This is 7.7% ahead of its level over the first eight months of 2016, 791,513.
These data are taken from the Builder Permits Survey (BPS) instead of the Survey of Construction (SOC). The SOC is the source of the monthly New Residential Construction release and it shows that total permits over the first eight months of the year totaled 875,500, 7.5% ahead of its level the same period in 2016, 797,500. However, the SOC does not provide residential construction information at the state and local level. The Census’ BPS does provide permit data at this level of geography. A description of the BPS can be found here, while an overview of the SOC is located here.
Between August 2016 to August 2017, 37 states and the District of Columbia saw a growth in the total number of permits issued. Twenty-two states and the District of Columbia recorded a growth above 7.7% while 13 states had a decline in growth. Montana had the highest growth rate at 31.9% while Maryland only grew by 0.7% during this period. Out of the 13 states that had a decline, the largest decline was in Connecticut with 20.5%.
The highest number of total permits were issued by the below states as of August 2017, year-to-date. Combined they account for 54.6% of the total number of permits issued:
- Texas – 115,890
- Florida – 83,688
- California – 74,493
- North Carolina – 42,815
- Georgia – 35,275
- Washington – 29,815
- Colorado – 29,434
- Tennessee – 27,082
- New York – 26,771
- Arizona – 25,191
However, the number of permits issued by these states in part reflects the size of their population. Using population figures for 2016, the latest available data, the 10 states which issued the highest number of total permits for 2016 were:
Over the eight months ending in August 2017, the total number of single-family permits issued nationwide reached 561,938. This is 10.1% ahead of its level over the first eight months of 2016, 510,590. The results from the SOC are similar, single-family permits over the first eight months of 2017, 564,000, are 10.7% ahead of their level over the same period of 2016, 509,600.
Between August 2016 to August 2017, 43 states and the District of Columbia saw a growth in single-family permits issued. Similar to total permits, 22 states recorded a growth above 10.1% but seven states had a decline in growth. Hawaii had the highest growth rate during this time at 28.2% while North Dakota declined by 8.3%.
In the single-family sector, Texas led with 79,236 permits issued year-to-date in August 2017, while the lowest number came from the District of Columbia with 251 permits. The 10 states which issued the highest number of single-family permits were:
- Texas – 79,236
- Florida – 58,884
- California – 38,817
- North Carolina – 32,123
- Georgia – 27,742
- Tennessee – 19,762
- South Carolina – 19,678
- Arizona – 18,953
- Colorado – 16,816
- Virginia – 16,278
Adjusted for population in 2016, Idaho was leading in single-family permits issued while District of Columbia had the slowest growth at 0.5 permits per thousand people in 2016. Below are the states which issued the highest number of single-family permits per thousand people.
Year-to-date, ending in August 2017, the total number of multi-family permits issued nationwide reached 290,887. This is 3.5% ahead of its level over the first eight months of 2016, 280,923. The results from the SOC are similar, multi-family permits over the first eight months of 2017, 293,600, are 2.0% ahead of their level over the same period of 2016, 287,900.
Between August 2016 to August 2017, 26 states and the District of Columbia grew while 25 states recorded a decline in multi-family permits. Twenty-four states and the District of Columbia recorded a growth above 3.5% with Mississippi leading the way with a growth of 185%, from 327 to 932, while Rhode Island had the largest declined of 71.7%.
In the multi-family sector, Texas issued the highest number of permits in August 2017 year-to-date at 36,654 while Rhode Island issued 33 multi-family permits. Below are the top 10 states which issued the highest number of multi-family permits as of August 2017:
- Texas – 36,654
- California – 35,676
- Florida – 24,804
- New York – 19,550
- Washington – 13,961
- Colorado – 12,618
- North Carolina – 10,692
- New Jersey – 10,583
- Illinois – 9,727
- Georgia – 7,533
Taking into account population, in 2016 the District of Columbia issued the highest number of multi-family permits per thousand people at 6.4 while Mississippi issued 0.2 permits per thousand people. Below are the states which issued the highest number of multi-family permits per thousand people.
These tables provide more information about each individual state.