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HomeMacroeconomicsSingle-Family Permits Declined 2022 | Eye On Housing

Single-Family Permits Declined 2022 | Eye On Housing



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For 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 972,180. On a year-over-year (YoY) basis, this is 12.5% below the 2021 level of 1,111,414.

Year-to-date ending in December, single-family permits declined in all four regions. The South posted a decline of 10.4%, while the Western region reported the steepest decline of 15.9%. The Northeast declined by 12.5% and the Midwest declined by 15.8% for single-family permits during this time. On the other hand, multifamily permits posted increased in all but one region, Northeast (-17.1%). Permits were 23.8% higher in the South, 12.7% higher in the Midwest, and 3.6% higher in the West.

Between December 2021 YTD and December 2022 YTD, New Mexico, Montana, and the District of Columbia saw growth in single-family permits issued. New Mexico recorded the highest growth rate during this time at 33.5% going from 5,492 permits to 7,331. Forty-eight states reported a decline in single-family permits during this time with Colorado posting the steepest decline of 30.0% declining from 34,244 permits to 23,965. The ten states issuing the highest number of single-family permits combined accounted for 63.5% of the total single-family permits issued.

Year-to-date, ending in December, the total number of multifamily permits issued nationwide reached 679,898. This is 9.9% ahead of the December 2021 level of 618,496.

Between December 2021 YTD and December 2022 YTD, 35 states and the District of Columbia recorded growth, while 15 states recorded a decline in multifamily permits. Georgia led the way with a sharp rise (130.2%) in multifamily permits from 12,973 to 29,863 while Pennsylvania had the largest decline of 71.0% from 29,901 to 8679. The ten states issuing the highest number of multifamily permits combined accounted for 63.4% of the multifamily permits issued.

At the local level, below are the top ten metro areas that issued the highest number of single-family permits.

Top 10 Largest SF Markets December 2022 (# of units YTD, NSA) YTD % Change
(compared to Dec 2021)
Houston-The Woodlands-Sugar Land, TX                                                          47,633 -9%
Dallas-Fort Worth-Arlington, TX                                                          43,409 -13%
Phoenix-Mesa-Scottsdale, AZ                                                          26,828 -24%
Atlanta-Sandy Springs-Roswell, GA                                                          26,382 -17%
Austin-Round Rock, TX                                                          21,358 -13%
Charlotte-Concord-Gastonia, NC-SC                                                          18,987 0%
Orlando-Kissimmee-Sanford, FL                                                          16,194 -9%
Tampa-St. Petersburg-Clearwater, FL                                                          15,667 -19%
Nashville-Davidson–Murfreesboro–Franklin, TN                                                          15,189 -6%
Jacksonville, FL                                                          14,368 -13%

For multifamily permits, below are the top ten local areas that issued the highest number of permits. 

Top 10 Largest MF Markets December 2022 (# of units YTD, NSA) YTD % Change
(compared to Dec 2021)
New York-Newark-Jersey City, NY-NJ-PA                                                          46,496 3%
Dallas-Fort Worth-Arlington, TX                                                          33,872 26%
Houston-The Woodlands-Sugar Land, TX                                                          28,153 69%
Austin-Round Rock, TX                                                          22,661 -14%
Los Angeles-Long Beach-Anaheim, CA                                                          21,597 9%
Atlanta-Sandy Springs-Roswell, GA                                                          20,820 176%
Washington-Arlington-Alexandria, DC-VA-MD-WV                                                          20,644 51%
Phoenix-Mesa-Scottsdale, AZ                                                          20,541 23%
Seattle-Tacoma-Bellevue, WA                                                          19,783 -10%
Minneapolis-St. Paul-Bloomington, MN-WI                                                          15,840 12%



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