Permits rise in January 2018

By Danushka Nanayakkara-Skillington | NAHB

Over the first month of 2018, the total number of single-family permits issued nationwide reached 61,767. On a year-over-year basis, this is a 15.1% increase over the January 2017 level of 53,648. The results from the SOC are similar, single-family permits over the first month of 2018 was, 61,100 which is 14.0% ahead of its level over the same period of 2017, 53,600*.Between January 2017 to January 2018, 32 states and the District of Columbia saw growth in single-family permits issued. Twenty states recorded a growth above 15.1% but 18 states had a decline in growth. Idaho had the highest growth rate during this time at 101.6% while single-family permits New Hampshire declined by 43.1%.

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