Builders throughout the region were busy during the spring market and there appears to be no slowdown this summer, reports the Home Builders Association of Greater Cincinnati (HBA).
Single-family home permits were up 17.7% in the four-county area of Butler, Clermont, Hamilton, and Warren counties through June. Butler County experienced the biggest percentage gain--a 20.8% increase. Liberty Township led all local jurisdictions with 142 new home permits. The county issued a total of 320 single-family permits during this period, compared to 265 last year.
Clermont County registered a 20.1% increase, with 173 total permits, compared to 144 in 2015. This is the first significant gain in Clermont County for several years.
Warren County continues to lead the region with a total of 511 single-family permits, posting a 16.1% increase, through June.
Hamilton County also continued to demonstrate momentum, registering a 15.5% increase, with 275 permits.
Altogether, there were a total of 1,279 single-family permits issued through June in Butler, Clermont, Hamilton, and Warren counties, compared to 1,087 in 2015, a 17.7% overall increase.
The top 10 markets for single-family home permits through June were:
1. Liberty Township (Butler Co.)---142
2. Hamilton Township (Warren Co.)---127
3. Clearcreek Township (Warren Co.)---82
4. City of Mason (Warren Co.)---64
5. City of Cincinnati (Hamilton Co.)---57
6. West Chester Township (Butler Co.)---55
7. Union Township (Clermont Co.)---50
8. Deerfield Township (Warren Co.)---48
9. Turtlecreek Township (Warren Co.)---44
10. Colerain Township (Hamilton Co.)--40
“Builders are building and buyers are buying which is the perfect combination. However, shortages of buildable lots and skilled construction workers is slowing down the overall process at this midyear mark. It’s taking longer to get from the starting point to the finish line,” said Dan Dressman, Executive Director.