The number of permits for single-family construction decreased a lot in the most densely populated areas of the United States in the first quarter of 2023. Meanwhile, there was a relatively small fall in the number of new permits in micro counties. During the past years, the core of large metropolitan areas have generally had lower growth rates than outlying areas, or smaller metropolitan areas. This would signal that there has been more supply of single-homes in counties further apart from city centers.
Growth rate of permits for new single-family housing in the United States from 2016 to 1st quarter 2023, by area
Characteristic
Large metro - core county
Large metro- suburban county
Large metro - outlying areas
Small metro - core county
Small metro - outlying county
Micro county
Non metro/micro county
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National Association of Home Builders, & Statista. (June 15, 2023). Growth rate of permits for new single-family housing in the United States from 2016 to 1st quarter 2023, by area [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1241300/geography-of-single-family-construction-usa/
National Association of Home Builders, und Statista. "Growth rate of permits for new single-family housing in the United States from 2016 to 1st quarter 2023, by area." Chart. June 15, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1241300/geography-of-single-family-construction-usa/
National Association of Home Builders, Statista. (2023). Growth rate of permits for new single-family housing in the United States from 2016 to 1st quarter 2023, by area. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1241300/geography-of-single-family-construction-usa/
National Association of Home Builders, and Statista. "Growth Rate of Permits for New Single-family Housing in The United States from 2016 to 1st Quarter 2023, by Area." Statista, Statista Inc., 15 Jun 2023, https://www.statista.com/statistics/1241300/geography-of-single-family-construction-usa/
National Association of Home Builders & Statista, Growth rate of permits for new single-family housing in the United States from 2016 to 1st quarter 2023, by area Statista, https://www.statista.com/statistics/1241300/geography-of-single-family-construction-usa/ (last visited July 22, 2024)
Growth rate of permits for new single-family housing in the United States from 2016 to 1st quarter 2023, by area [Graph], National Association of Home Builders, & Statista, June 15, 2023. [Online]. Available: https://www.statista.com/statistics/1241300/geography-of-single-family-construction-usa/
