HOUSING NEWS: NEW HOUSING CONTINUES DOWN HISTORIC PATH

Posted September 2, 2021

Cincinnati, OH, Sept. 2, 2021: New single-family home permits in Southwest Ohio continued down this year's record-setting path through July, reported the Home Builders Association of Greater Cincinnati (HBA). Through July, all four Southwest Ohio counties tracked by the HBA experienced double-digit increases.

Overall, the Southwest Ohio region had a 27.9% increase in single-family permits YTD through July, down slightly from June's 32.8%. However, May has been the hottest housing month for new permits so far this year, with a 34.5% increase.

Clermont County again led all tracked jurisdictions, with a 43.4% increase, followed by Butler County's 31% increase. Warren County was up by 28.4%, and Hamilton County permits increased by 10.8%.

A total of 2,249 single-family permits were issued through July of this year, compared to 1,755 in 2020, representing a 27.9% increase for the first seven months of the year.

"Lumber prices have dropped, but supply chain issues continue to slow delivery of building materials. In addition, persistent construction delays continue due to a tight workforce," he added.

The top ten markets in the four-county Southwest Ohio region for single-family home permits through July were as follows.

1. Liberty Township (Butler Co.) – 164
2. City of Mason (Warren Co.) – 141
3. Hamilton Township (Warren Co.) – 126
4. Deerfield Township (Warren Co.) – 120
5. City of Middletown (Warren Co.) – 107
6. City of Cincinnati (Hamilton Co.) – 101
7. Miami Township (Clermont Co.) – 99
8. West Chester Township (Butler Co.) – 91
9. Turtle Creek Township (Warren Co.) – 84
10. City of Harrison (Hamilton Co.) - 80

Below are the number of single-family permits issued in the four-county Southwest Ohio area through July 2021, compared to July 2020.

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The Home Builders Association of Greater Cincinnati, established in 1934, represents residential construction interests in Brown, Butler, Clermont, Clinton, Fayette, Hamilton, Ross, and Warren counties in Southwest Ohio.