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Home Sweet Home, WBA Releases Construction Numbers

Home Sweet Home, WBA Releases Construction Numbers

The latest new home construction numbers from year-end 2022 show just a very slight decrease compared to those of 2021.

The data, submitted by all municipalities across the state, shows 11,326 permits were pulled statewide between January 1 and December 31, just 3 percent less than the 11,711 permits pulled during 2021.

“We’re pleased with these year-end numbers, after a slow start the first half of the year,” said WBA President Mike Howe. “At the culmination of the second quarter, we were down 24 percent compared to the second quarter of 2021, so to recover from that so quickly is great news for the industry.”

While down slightly compared to 2021, Wisconsin numbers are still above those nationally, with the National Association of Home Builders recently reporting single-family starts ending the year down more than 10%, its first annual decline since 2011.

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