Single-family construction ended the year on a high note, with the number of permits picking up in each region of the US
Feb. 17, 2025
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Single-family construction permits increased during the last quarter of 2024.
Single-family construction finished 2024 strong, recording an 8% increase in permits during Q4 2024. This means the total number of single-family permits issued nationwide reached 981,834 during the year, according to the National Association of Home Builders’ Eye On Housing blog. Growth was recorded nationwide, but the Midwest led the way with an 11.1% increase in single-family permits during Q4 2024. This was followed by the West with a 10.9% increase, the Northeast with a 9.3% increase, and the South with 6.2%.
Between December 2024 YTD and December 2023 YTD, 45 states posted an increase in single-family permits. The range of increases spanned 33.8% in Montana to 0.1% in South Dakota. The remaining five states and the District of Columbia reported declines in single-family permits. The ten states issuing the highest number of single-family permits combined accounted for 63.1% of the total single-family permits issued. Texas, the state with the highest number of single-family permits, issued 158,544 permits over 2024, which is an increase of 9.3% compared to the same period last year. The second highest state, Florida, was down by 0.9%, while the third highest, North Carolina, posted an increase of 6.7%. Read more
