New Florida single-family home permits up 12.9% in 2017

March 1, 2018 12:21 pm

The number of new single-family home permits issued in Florida grew 12.9% in 2017.

A total of 83,911 permits were issued in Florida, which places it second in the country. Growth works out as 3.3% over the United States average, according to data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Preliminary data shows there were 817,319 single-family home permits issued across the country in 2017, a 9.6% increase over the 2016 total of 745,525.

Twenty states record increase above average

in addition, twenty states recorded an increase above the nationwide average of 9.6% and five states saw a decline in growth.

Privately-owned housing units authorized by building permits in December stood at a seasonally-adjusted annual rate of 1,302,000. This is 0.1% below the revised November rate of 1,303,000, but is 2.8% above the December 2016 rate of 1,266,000.

Single-family authorizations in December were at 881,000, which is 1.8% above the revised November figure of 865,000. Privately-owned housing units authorized by building permits in December were also at a seasonally adjusted annual rate of 1,302,000. This is 0.1% below the revised November rate of 1,303,000, but is 2.8% above the December 2016 rate of 1,266,000.

Single-family authorizations in December totalled 881,000, which is 1.8% above the revised November figure of 865,000. Meanwhile, authorizations of units in buildings with five units or more reached 382,000 in December.

The year-to-date figures are based on a sample of permitting offices. The annual data, which will be released later in the year, will reflect information from all offices.

Source: https://www.census.gov/construction/nrc/pdf/newresconst_201712.pdf