First Coast housing permit numbers rise in August - Jacksonville Business Journal

The number of single-family home building permits issued in August saw an uptick that bucked a recent downtrend trend on the First Coast.

Data from the Northeast Florida Builders Association shows 1,180 permits were issued in August, increasing from a relative recent low of 940 permits in July, a low that had not been seen since May 2020. Although August showed an increase in the number of permits pulled month-over-month, it remains the second lowest month of the year.

For the first eight months of the year, Clay, Duval, Nassau and St. Johns counties issued 9,942 permits compared to 11,183 during the same time period in 2021, representing a more-than-11% decrease. If this trend continues throughout the remainder of the year, 2022 will see fewer permits issued than in 2021, the first time there has been a year-over-year decrease since the end of the Great Recession.

Duval County issued the most permits in August with 576, with St. Johns County right behind at 355. Clay and Nassau counties each issued 109 and 140 permits, respectively. The last several years of permit data shows the continuation of growing demand for new homes in the First Coast area.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why business travel's recovery may take even longer than expected - Jacksonville Business JournalIndustry groups were initially projecting business travel to return to pre-pandemic levels by 2024. But new forecasts show it's likely to take even longer — if it happens at all. Here's why.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Iconic Old Spanish Sugar Mill Grill restaurant to reopen with a new operator - Jacksonville Business JournalThe state did not renew its contract for the restaurant space with Schwarze Enterprises LLC.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

JTA releasing new mobile app - Jacksonville Business JournalJTA is working on a project to reboot the current My JTA app, making it easier for riders to plan, travel and pay in one place.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Wages remain low in Florida - Jacksonville Business JournalMedian wages remained among the lowest in the country.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Iconic Old Spanish Sugar Mill Grill restaurant to reopen with a new operator - Jacksonville Business JournalThe state did not renew its contract for the restaurant space with Schwarze Enterprises LLC.
Source: JaxBizJournal - 🏆 599. / 51 Read more »