Mainebiz

April 20, 2020

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W W W. M A I N E B I Z . B I Z 15 A P R I L 2 0 , 2 0 2 0 F O C U S R E A L E S TAT E / C O N S T R U C T I O N / E N G I N E E R I N G aine's number of housing build- ing permits issued hit a post- recession high last year. And through February of this year, the latest month available from the U.S. Census, Maine was on pace to have another strong year. Among New England states, Maine ranked No. 2 in building per- mits issued for housing in February, behind Massachusetts. The lion's share of permits issued in Maine were for single-family homes. But that was all before the COVID-19 crisis. It's too early to tell what kind of impact the economic shutdown will have on new home construction, but we may see that 2019 was the peak of this most recent building boom. F O C U S S TA R T S O N F O L L OW I N G PA G E ยป M S O U R C E : U.S. Census SINGLE-FAMILY HOME BUILDING PERMITS, 2004 THROUGH FEBRUARY 2020 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 8,383 8,765 7,304 5,690 3,573 2,766 2,962 2,299 2,788 3,212 3,281 3,688 4,164 4,607 4,570 4,944 707 through February

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