- HOUSING NEWS: FEBRUARY PERMITS CONTINUE LAST YEAR’S PACE
Posted April 7, 2021
Cincinnati, OH, April 6, 2021: New single-family home permits in Southwest Ohio were up 7.5% through February, reported the Home Builders Association of Greater Cincinnati (HBA). Three of the four Southwest Ohio counties tracked by the HBA experienced new home growth, except Hamilton Co.
Butler County had the most significant overall increase of 29.9%, followed by Clermont County, with a 19.3% increase. Warren County was up by 2.9%, and Hamilton County permits decreased by -13.8% due to the exclusion of permits from the city of Harrison, which were not provided.
A total of 504 single-family permits were issued through February of this year, compared to 469 in 2020, representing a 7.5% increase for the year.
“Builders are still encountering dramatic increases in lumber prices, along with delays in material deliveries and labor shortages, said Dan Dressman, HBA Executive Director. “Despite these challenges, the supply of new homes continues to grow, but not enough to meet the increase in demand,” he added.
The top ten markets in the four-county Southwest Ohio region for single-family home permits through February were as follows.
Batavia Township (Clermont Co.) – 26
City of Mason (Warren Co.) - 24
City of Middletown (Warren Co.) – 24
City of Hamilton (Butler Co.) – 16
Wayne Township (Warren Co.) – 16
Below are the number of single-family permits issued in the four-county area through February 2021, compared to February 2020.
|County||2021||2020||% Change (through February)|
|**Hamilton||81||94||-13.8% (does not include city of Harrison)|