CCR Issue 9

Page 16

INDUSTRY NEWS

NEWS, NOTES & TRENDS...

The rising New data shows boom in residential construction

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very month, the US Census Bureau and the Department of Housing release new data showing the amount of new residential building permits issued across the state, city and national level which gives insight into trends into residential construction across the United States. Building material supplier Omnis Panels recently analyzed data from over the last two years to learn more about national trends in new residential construction. The report included five charts that break down new home construction statistics in America: For single family homes: 1. The largest increase in permits issues among all municipalities 2. The largest increase in permits issues among municipalities that issued 1,000 or more over the past year. 3. The largest increase in permits issued among municipalities with 300,000 or more residents. For buildings with five-plus units: 1. The largest increases in permits issued among all municipalities 2. The largest increase in permit issues among municipalities with 300,00 or more residents. For a more detailed look, visit https://omnispanels. com/new-residential-construction-statistics-2021/.

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COMMERCIAL CONSTRUCTION & RENOVATION — ISSUE 9, 2021