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Data Dashboard: Total Housing Units Permitted

Title

Total Housing Units Permitted

Trend at a Glance


At last count

11,043 housing units

Current Through

December 2016

Category

Development

What does this measure?

The number of single-family and multi-family units permitted annually provides insight into construction activity, land development patterns, and population growth and movement within the county. This indicator bridges the number of residential building permits issued in the county and the number of households in the county.  As increases in residential units reflect population growth or movement, this indicator may be used to estimate changes to the tax base on a year-to-year basis.

How is Wake County performing?

The effects of the 2008 economic downturn were apparent in Wake County’s construction sector. Between 2007 and 2009, the number of permitted units fell by 71%. This number has rebounded between 2012 and 2014.  The County has shown stedy growth over the last two years.

Did you know?

Prior to the recession during the late 2000's, 4 out of every 5 housing units were single family houses.  Today, 3 out of every 5 housing units are single family homes.  Multi-family homes are being built at a much faster rate since the recession.

Data Source

US Census Bureau Building Permit Survey

Data Considerations

Not applicable

Charts & Maps

WCBTN - Permitted Units.jpg

Data is updated:

Data is available monthly by the US Census Bureau (https://www.census.gov/construction/bps/).

Related Resources

Revisions

April 2017 to reflect 2016 year-end results

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Attachments

Created at 1/3/2014 4:12 PM by Lori K. Neumeier
Last modified at 10/2/2017 3:59 PM by Jason B. horton

 



 

 

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