You have reached your limit of free articles this month.

Enjoy unlimited access to myDaytonDailyNews.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and bonus content- exclusively for subscribers. Starting at just 99¢ for 8 weeks

X

Welcome to myDaytonDailyNews.com

This subscriber-only site gives you exclusive access to breaking news, in-depth coverage, exclusive interactives and bonus content.

You can read free articles of your choice a month that are only available on myDaytonDailyNews.com.

breaking news

Fairgrounds purchase approved

Dayton area sees uptick in new home construction


Residential building development in the region has continued to increase, according to data from the Home Builders Association of Dayton.

Dayton region builders have pulled 1,278 permits for single-family homes — an increase of 11.3 percent from 2015. Approximately 1,163 permits were issued last year.

>>> RELATED: Homearama highlights surge in residential development

A total of 181 residential new building permits — including single family, apartment and condo units — were issued in August, up 11.7 percent from 162 permits issued in August 2015.

The total amount of permits for the year to date is around 1,982, compared to the 1,348 issued last year and the 1,381 issued permits in 2014.

>>> RELATED: Area residential building increases

The area has consistently seen these numbers grow throughout the year, and most area counties have seen an uptick in the amount of permits obtained for development.

Kathleen Unger, the executive director of the Home Builders Association of Dayton, told the Dayton Daily News in June that she attributed the growth to the economic upswing — people feel secure in their jobs and are more likely to invest in homebuilding or buying.

According to the National Association of Home Builders, there was a sharp decline in multi-family production across the nation. Newly released data from the U.S. Housing and Urban Development and the Commerce Department showed a 9 percent decrease in multi-family housing starts in September.

“After strong readings during the summer, multifamily production pulled back in September,” said Robert Dietz, NAHB Chief Economist. “Still, we expect the multifamily sector to post a good year in 2016, though down a bit from last year, which was likely the peak year for this cycle.”


Reader Comments ...


Next Up in Business

Billion dollar Dayton supply company names new CEO
Billion dollar Dayton supply company names new CEO

Dayton-based Winsupply, which brought in $2.7 billion in revenue in 2016, has named a new chief executive officer. The company, a supplier of residential and commercial construction materials, announced Roland Gordon will serve as the new CEO effective at the end of the month. He will continue to serve as president of the company as well. Gordon is...
Gas prices expected to spike this week
Gas prices expected to spike this week

Ohio drivers, along with motorists in Michigan, Indiana and Kentucky, could see gasoline prices jump in the next two days ending a continuous price drop within recent weeks.  Average gas prices dropped 31 cents in Ohio, 19 cents in Kentucky, 32 cents in Indiana and 29 cents in Michigan over the last three weeks. By Friday, gas stations...
Graeter’s teams up with brewery to make ice cream-inspired beer
Graeter’s teams up with brewery to make ice cream-inspired beer

Graeter’s Ice Cream has partnered with Kentucky-based Braxton Brewing Co. to release an ice-cream inspired stout beer. The Cincinnati-based ice cream manufacturer and Braxton will release the Black Raspberry Chocolate Chip Stout on Feb 3. The canned beverages will hit Kroger stores and other grocery retailers in Cincinnati, Dayton, Lexington...
What does TPP exit mean for Dayton?
What does TPP exit mean for Dayton?

President Trump made it official Monday, signing a memorandum that pulls the United States out of the Trans Pacific Partnership (TPP), a proposed trade pact that would have more closely united 12 Pacific Rim countries. What does this mean for Dayton-area businesses? Marvin Cunningham, president of West Chester Twp.’s Long-Stanton Manufacturing...
Unemployment rate rises slightly in Clark County
Unemployment rate rises slightly in Clark County

Clark County’s unemployment rate crept up slightly in December, according to monthly figures released today by the Ohio Department of Job and Family Services. RELATED: Proposed unemployment fixes concern Springfield union leaders The unemployment rate in Clark County was 4.8 percent last month, up slightly from 4.7 percent in November. But both...
More Stories