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Data Dashboard: Permitted Housing Units

Title

Permitted Housing Units

Trend at a Glance

At last count

10,026 new housing units permitted in 2013

Current Through

June 2014

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 national economic downturn were apparent in Wake County’s construction sector. Between 2007 and 2009, the number of permitted units fell by 71%. Although the number of multi-family units permitted fell in 2013, the number of single-family units permitted has increased annually since 2009.

Did you know?

Since the recession began in 2008 the number of new housing units issued peaked at 11,918 in 2012.  This is still lower than pre-recession activity.

Data Source

Data Considerations

Not applicable.

Charts & Maps

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PermittedUnits03_2013.PNG 

Data is updated:

Data is made available monthly by the US Census Bureau. Data is published here biannually on or around February 15 and August 15 by Wake County Planning, Development, and Inspections.

Related Resources

Revisions

July 29,2014- Updated Housing Units Permitted by Type and Share of Permitted Housing Units by Type charts to reflect updated data that goes through June 2014.

Attachments

Created at 1/3/2014 4:12 PM by Lori K. Neumeier
Last modified at 7/29/2014 4:53 PM by Lori K. Neumeier
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