The latest new home construction numbers released by the Wisconsin Builders Association (WBA) shows new home construction is up 36 percent statewide.
The data, submitted by all municipalities across Wisconsin, shows 3,692 new home permits were pulled statewide between January 1 and March 31, about 980 more permits than in quarter one of 2023. Walworth County was up 108% with 104 permits pulled in the first quarter of 2024 compared to 50 permits pulled in 2023.
“Wisconsin is showing numbers that are on par with both Midwest and national numbers, which are 36% and 43%, respectively,” said WBA President Jim Doering. “In February alone, we saw a 50% increase in permits pulled throughout the state.”
The counties that saw the highest (130%+) growth year-over-year in quarter one were Barron, Florence, Iron, Marinette, Milwaukee, Pierce, Sawyer, and Sheboygan counties. Metropolitan areas of the state saw the highest numbers of permits pulled in quarter one with Brown County; 177, Dane County; 396, Milwaukee County; 275, and Waukesha County; 193.
“Lack of existing inventory continues to fuel the homebuilding industry” said WBA Executive Director Brad Boycks. “Coupled with a relatively mild winter, we are very pleased with the stable increase in single family permits compared to quarter one last year.”
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About the Wisconsin Builders Association
The Wisconsin Builders Association is a professional trade association comprised of 21 local associations dedicated to helping members build communities around the state. We advocate the interests of 4,000 home building industry members to keep housing affordable and accessible for Wisconsin families, Protecting the American Dream for over 75 years.
About the Lakeland Builders Association
Lakeland Builders Associations (LBA) is a part of the Wisconsin Builders Association (WBA) and the National Association of Home Builders (NAHB). Chartered in 1979, celebrating 45 years in 2024, LBA is a not-for-profit, professional trade organization serving home builders and the building industry in and around the Lake Geneva area of Walworth County, Wisconsin. LBA members are committed to their business and believe in professional development while also giving back to the industry in which they make a living and the community in which they live.
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