Single-family starts expanded at a fast pace in 2021

HomeNewsSingle-family starts expanded at a fast pace in 2021

Washington, D.C.—New single-family starts in 2021 expanded at the fastest growth rate since 2013, according to NAHB analysis of the of the Survey of Construction. The 2021 single-family starts rate of 1.13 million units was 14% higher than 2020 and the highest total since the Great Recession.

Among all the nine census divisions, the South Atlantic, West South Central and Mountain Divisions led the way with the most new single-family units started in 2021. These three divisions represent 20 states and Washington, D.C., and they accounted for more than two-thirds of the total new single-family housing starts in 2021.

In addition, single-family units started in the Pacific Division increased to 106,240 in 2021, exceeding 100,000 for the second straight year since the 2008 recession. There were 93,693 new single-family units started in the East North Central Division in 2021. While the Pacific Division accounted for 9% of the total new single-family housing starts, the East North Central Division accounted for 8%.

The other four divisions, including East South Central, West North Central, Middle Atlantic and New England, accounted for the remaining 16% of the total new single-family housing starts.

In 2021, four out of the nine divisions grew faster than the national level of 14%. The Middle Atlantic Division led the way with a 26% increase, followed by the East South Central Division with a 23% growth rate and the West South Central Division, which was up 19%. The growth rates of the other five divisions were close to or below the national level.

For additional analysis by Jing Fu, NAHB director of forecasting and analysis, visit this Eye on Housing blog post.

Must Read

Portobello America enhances several tile collections

Baxter, Tenn.—Portobello America has made significant enhancements to its tile collections, blending innovation, versatility and exceptional design seamlessly. The revamped collections introduce the new...

Retailers React: What areas of your business are showing strength?

Every two weeks, FCNews seeks out flooring retailers across the country to offer their advice on hot topics of the day. This week, we...

Emser Tile names Jim Parello EVP of sales

Los Angeles—Emser Tile has added to its leadership team with the appointment of Jim Parello to the position of executive vice president of sales....

Builder sentiment unchanged in April

Washington, D.C.—Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed...

Tarkett adds to Source One team

Solon, Ohio—Tarkett has welcomed Jason Richardson to its team as director of customer experience for Source One, the company’s project management service. Richardson brings with...

FCA Network: It’s all about the youth movement

Louisville, Ky.—Anyone who has attended an FCA Network convention over the last five years has probably noticed the youth movement taking place, with...
Some text some message..
X