Analysis: Mixed bag for housing permit growth
Multifamily housing permits in the state are quickly outpacing the nation and neighboring states, according to new research from the Wisconsin Policy Forum, but single-family permits have not grown as fast. Single-family housing permits in Wisconsin were up 12.2% through September compared to the average of the same period in the prior four years, while multifamily permits were up 67.8%. New permits for single and multifamily housing are on pace to reach the highest level since before the Great Recession, and the Madison metro area leads in this growth in mid-sized metros such as Appleton, Eau Claire, La Crosse, Oshkosh-Neenah, and Wausau. The increased construction could improve access and affordability but the state still significantly trails the levels of new housing permits recorded in the 1990s and 2000s.