Connecticut’s towns and cities permitted 394 new housing units in June, bringing the year-to-date total to 2,294 units, or 344 than at the same time last year.
Stratford authorized the most number of units in June at 39, followed by Darien at 37, New Haven at 29 and Milford at 18, the state Department of Economic and Community Development said.
Single-family permits sit at 1,356 statewide, compared to 1,154 through June 2021, while 864 multifamily units have been permitted so far this year compared to 746 through June 2021.
The increases come as single-family permits have dropped off nationwide even as multifamily permitting has surged, according to data released by the Census Bureau recently.
Single-family construction dropped off while multifamily construction boomed, the former falling by 8.1 percent to the lowest single-family starts pace since June 2020 and the latter jumping 10.3 percent as demand for rental units has surged.
On a regional and year-to-date basis, combined single-family and multifamily starts in June were 4.4 percent lower in the Northeast, 4.7 percent higher in the Midwest, 11.1 percent higher in the South and 0.4 percent lower in the West. Year to date, permits are 5.1 percent lower in the Northeast, 2.5 percent higher in the Midwest, 2.9 percent higher in the South and 3.0 percent higher in the West.
Year-to-date, New Haven continues to lead the state in units permitted, with 264 so far this year compared to 163 through June 2021.
One of those projects, however, the uncertain economy appears to mean not all permitted units will be built.
The New Haven Independent reports that a 136-unit apartment tower approved for the city’s Wooster Square neighborhood has been put on hold by its developers, citing rising interest rates and construction costs.
