Despite a pickup nationwide, building permits for housing construction in Chicago remain well below pre-boom levels, according to the latest Census data. The chart above shows a three-week moving average to cut down on noise. The city averaged just 156 multifamily permits and 26 single family permits per month in the last 12 months. The [...]
Building permits in Chicago continue to average a paltry 20 single family units, though a few quarters have seen some spikes in multifamily permitting. From 1998 through 2006, the city averaged about 100 single family permits per month. We have been under 25 for 33 straight months, dating to January 2009. Multifamily permits steadily increased [...]
The Census released building permit data for April and they show no significant difference in recent months. December and January saw 479 and 328 multifamily units permitted, respectively, but single family permits remained at an anemic level of below 20 per month. Single family permits have been 20 or fewer for 29 consecutive months after [...]
About 20 new single family homes have been permitted in the city for August and September, less than a third of the pre-recession levels. After briefly flirting with single digits, multifamily permits stayed at about 150 units in September. Multifamily permits are more volatile because they are issued in bursts, whereas single family permits are [...]
Today we added a building permits page showing the building permit activity in the city on a monthly and an annual basis. There are also charts showing how building permit activity has changed over the previous period. The page is located here and can also be accessed from the Data Library.
Follow @lakeanalytics on Twitter