NEW HOME PERMITS UP 8.3% THROUGH OCTOBER

Posted December 5, 2020

Cincinnati, OH, Dec. 4, 2020:

New single-family home permits in Southwest Ohio continued to be bullish through October, reported the Home Builders Association of Greater Cincinnati (HBA). Overall, single-family permits increased 8.3% in all four Southwest Ohio counties through October. Last month’s increase was 7.6%, said the HBA.

Again, Butler County experienced the largest increase, up over 14.7%, followed by Clermont County, with a 13.8% increase. Hamilton County was up by 4.5%, and Warren County permits increased by 4.8%.

A total of 2,695 single-family permits were issued through October of this year, compared to 2,488 in 2019, representing an 8.3% increase for the year.

“The typical seasonal market slowdown has been delayed, said Dan Dressman, HBA Executive Director. The lack of inventory continues to plague the market, but builders are ramping up to meet the current and future market demands,” he added.

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

1. Deerfield Township (Warren Co.) --272
2. Liberty Township (Butler Co.) – 263
3. Miami Township (Clermont Co.) – 151
4. Hamilton Township (Warren Co.) – 140
5. City of Harrison (Hamilton Co.) – 114
6. City of Cincinnati (Hamilton Co.) – 93
7. City of Middletown (Warren Co.) – 91
8. Batavia Township (Clermont Co.) – 88
9. Turtle Creek Township (Warren Co.) – 81
10. Village of Morrow (Warren Co.) - 78 & Clear Creek Township (Warren Co.) – 78

Below are the number of single-family permits issued in the four-county area through October 2020, compared to October 2019.

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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.