- Housing News: New Home Permits Rose 15.7% in 2020
Posted March 4, 2021
Cincinnati, OH, March 2, 2021:
New single-family home permits in Southwest Ohio were up a record-setting 15.7% last year, reported the Home Builders Association of Greater Cincinnati (HBA). Overall, single-family permits experienced double-digit increases in all four Southwest Ohio counties through December. This report is the highest regional increase in over a decade, reported the HBA.
For the first time since permits were culled, Clermont County had the largest overall increase of 23.8%, followed by Butler County, with a 20.4% increase. Warren County was up by 13.7%, and Hamilton County permits increased by 7.9%.
A total of 3,334 single-family permits were issued through December, compared to 2,891 in 2019, representing a 15.7% increase for the year.
“Despite the pandemic, new home starts and sales were extremely brisk throughout the Greater Cincinnati region, said Dan Dressman, HBA Executive Director. “We already see indicators that the momentum will continue at a minimum throughout the first half of 2021,” he added.
The top ten markets in the four-county Southwest Ohio region for single-family home permits for 2020 were as follows.
Below are the number of single-family permits issued in the four-county area through December 2020, compared to December 2019.
|County||2020||2019||% Change (through December)|