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June 13, 2008

Homebuilding in the region

Q. How many homes are companies getting permits to build in the Baltimore region?

A. A lot less than they did in 2005 and 2006, but only down a bit from 2007.

Here, have a chart:

BuildingPermitsSmall.jpg

Source: Maryland Department of Planning, U.S. Census Bureau.

 

Worthy of note: Seventy-five percent of the units approved from January through April 2005 were single-family homes. This year, it's 56 percent.

Also: Building permits were up in Baltimore County this year vs. 2005 -- unlike the rest of the region. Builders pulled permits for 594 homes, an increase of 15 percent from January-April 2005. The majority were not single-family.

Posted by Jamie Smith Hopkins at 9:06 AM | | Comments (0)
Categories: Number-crunching
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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