New Housing Permits, Starts, & Completions August Of 2021

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On September 21, 2021,  the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported nationwide housing building permits increased 6.0% to 1,728,000 units in August of 2021 from 1,630,000 units in July of 2021, and rose 13.5% from 1,522,000 in August of 2020. Single family building permits up 0.6% to a rate of 1,054,000 units in August of 2021, from 1,048,000 units in July of 2021, and there were 632,000 multifamily building permits issued in August of 2021.

Nationwide housing starts gained 3.9% to 1,615,000 units in August of 2021, from 1,554,000 units in July of 2021 and jumped 17.4% from 1,376,000 units in August of 2020. Single family starts decreased 2.8% to a rate of 1,076,000 units in August of 2021 from 1,107,000 in July of 2021, and there were 530,000 multifamily building starts in August of 2021.

Nationwide housing completions dropped 4.5% to 1,330,000 units in August of 2021 from 1,392,000 units in July of 2021, but higher 9.4% from 1,216,000 units in August of 2020. Single family completions grew 2.8% to a rate of 971,000 units in August of 2021, from 945,000 units in July of 2021, and there were 356,000 multifamily completions in August of 2021.

For complete more detailed information about U.S. Department of HUD and the U.S. Census Bureau on new housing permit, housing starts, housing completions request in August of 2021, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (2)

Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

We need the permits to rise to settle down our markets.  Have a great Thursday, also known as Friday-Eve.  The weekend is in sight.  Thanks again for the Blog.  Bill Salvatore

Sep 23, 2021 06:05 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Bill Salvatore - YVP Blog you are right, wee need the permits to rise to settle down our markets. You are welcome, and glad you find the report very helpful. Have a great Thursday, also known as Friday-Eve too. Thanks for the comment.

Sep 23, 2021 11:26 AM