Wisconsin Shows Mixed Housing Performance in 2024 Q3
PRESS RELEASE
For Immediate Release
Alicia Naleid, Director of Communications
(608) 242-5151 ext. 13
Wisconsin Shows Mixed Housing Performance in 2024 Q3
Significant Growth Seen in Urban and Rural Areas
November 23, 2024 – The Wisconsin Builders Association (WBA) is pleased to announce that 2024 is shaping up to be a year of significant growth and progress, with a 12.8% year-to-date (YTD) increase in activity compared to the same period in 2023. The latest data is compiled of county-specific statistics through September for building permits submitted to the Wisconsin Department of Safety and Professional Services.
“A total of 10,203 permits were reported through Q3 for 2024 compared to 9,049 permits during the same period in 2023, reflecting a 12.8% growth”, said WBA President Jim Doering. “Activity in just Q3 is up 1.5% compared to Q3 of 2023.”
Counties Leading in Growth:
o Milwaukee County: +132.1% (383 in 2024 vs. 165 in 2023)
o Waupaca County: +107.7% (135 in 2024 vs. 65 in 2023)
o Pepin County: +88.2% (32 in 2024 vs. 17 in 2023)
o Marquette County: +77.4% (55 in 2024 vs. 31 in 2023)
Strong Quarterly Growth:
o Iowa County: +175.0% (22 in 2024 vs. 8 in 2023)
o Pepin County: +175.0% (11 in 2024 vs. 4 in 2023)
o Kenosha County: +62.9% (57 in 2024 vs. 35 in 2023)
Counties Experiencing Declines:
o Door County: -44.5% (111 in 2024 vs. 200 in 2023)
o Racine County: -31.8% (137 in 2024 vs. 201 in 2023)
o Adams County: -28.4% (68 in 2024 vs. 95 in 2023)
“We are pleased with the growth that we have seen thanks to more stabilized interest rates, increased awareness of the need of housing, and our work enacting pro-housing legislation and loan programs to support new construction projects,” said WBA Executive Director Brad Boycks. “We continue to look for new ways address Wisconsin’s housing needs.”
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About the Wisconsin Builders Association
The Wisconsin Builders Association is a professional trade association comprised of 21 local associations dedicated to helping members build communities around the state. We advocate the interests of 4,000 home building industry members to keep housing affordable and accessible for Wisconsin families, Protecting the American Dream for over 75 years.