The Home Builders Association of Michigan reported year-to-date housing permits for Michigan single-family homes increased by 10% compared to permits pulled in March 2019.
Despite the economic challenges associated with COVID-19, housing permits are on the rise, a total of 2,942 permits were issued statewide as of March 2020 compared to 2,633 in 2019.
“The residential construction industry is an essential part of our economy and the latest statistics confirm that builders need to get back to work,” said Bob Filka, CEO of HBAM. “New home construction and renovation represent more than a $12 billion part of economic activity in our state. Michigan’s economy can greatly benefit from robust building activity.”
Filka added the housing industry has been working around the clock to provide online safety training, obtain necessary PPE and called on Gov. Gretchen Whitmer to acknowledge their efforts and allow housing construction to resume.
Over 1,000 industry professionals responded to a safety survey conducted by HBAM last week. It showed 94% have updated their worksite safety plans for COVID-19 and 92% have the necessary PPE to work when given the green light to return to work.
“Our state has a severe housing shortage,” Filka said. “Prolonged restrictions on our industry will only add to the current housing crisis. We hope that the governor will take all these factors into consideration and allow our industry to safely return to work.”