
NJBA Ribbon Cutting and Open House
October 20, 2017
NJBA & NAHB Meet with NJ Congressional Delegation on Federal Tax Reform
November 17, 2017Building Permits See Modest Increase Over 2016
According to the US Census Bureau, builders in NJ took out 2,229 permits in September bringing the 3rd quarter total to 7,611 – a 10.5% increase from the 2nd quarter total of 6,883 and a 25% increase over the 3rd quarter of 2016. Of the permits issued during the 3rd quarter, 63% were issued for multi-family units which continue to outpace single family permits (4,769 vs 2,824). The strong 3rd quarter brings the year-to-date total to 20,131 permits, slightly above the comparable 9 month total of 19,985 for 2016.