Comments on: Single-Family Permits Decreased in November 2022 https://eyeonhousing.org/2023/01/single-family-permits-decreased-in-november-2022/ National Association of Home Builders Discusses Economics and Housing Policy Fri, 20 Jan 2023 22:55:20 +0000 hourly 1 By: Gord Collins https://eyeonhousing.org/2023/01/single-family-permits-decreased-in-november-2022/#comment-2085837 Fri, 20 Jan 2023 22:55:20 +0000 https://eyeonhousing.org/?p=32887#comment-2085837 In reply to Danushka Nanayakkara-Skillington.

Thanks Danushka, that’s a good number given the situation. The huge flow of immigrants across the border is one variable that might require 2,000,000+ units/year needed. Not sure that rents will fall though. Demand seems very strong.

]]> By: Danushka Nanayakkara-Skillington https://eyeonhousing.org/2023/01/single-family-permits-decreased-in-november-2022/#comment-2085783 Fri, 20 Jan 2023 21:08:50 +0000 https://eyeonhousing.org/?p=32887#comment-2085783 In reply to Gord Collins.

There are currently 943,000 apartments under construction across the county. Once these are completed, it’s should add much needed supply and hopefully that will help bring the rents down to more manageable levels.

]]> By: Gord Collins https://eyeonhousing.org/2023/01/single-family-permits-decreased-in-november-2022/#comment-2085556 Fri, 20 Jan 2023 16:52:56 +0000 https://eyeonhousing.org/?p=32887#comment-2085556 Georgia’s growth in permits of 141% is astonishing. The Atlanta region does look poised for big growth this year. Will these stats change the business plans of property management companies and will rents drop with the new infusion in 2023?

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