Single, multifamily housing permits post gains
Washington DC – When it comes to the housing market in 2021, the total number of single-family homes issued across the country in March was 276,110, up 25.3% from the March 2020 level of 220,416, according to the National Association from Home Builders (NAHB). In addition, gains were reported in all four regions of the country, with the Midwest reporting an increase of 40%, followed by the Northeast (27.3%), the West (23.9%) and the South (23.1%). ), according to the NAHB.
Multi-family housing permits were also robust across the country in March compared to last year, with the South (22.1%), the Northeast (21.3%), the West (20.3%) and the Midwest (13) , 5%) all showed double-digit percentage gains, the association said. .
According to the NAHB, of the top 10 metropolitan areas that issued the highest number of single-family permits, three were in Texas: Dallas-Fort Worth-Arlington (13,094); Houston-The Woodlands-Sugarland (12,745); and Austin-Round Rock (6,189), and two were in Florida: Tampa-St. Petersburg-Clearwater (5219); and Jacksonville (3,391). The largest number of multi-family permits were issued in the New York-Newark-Jersey City area (9222), with the second highest number in Austin-Round Rock (7,359).