Wisconsin ranks 25th for slowest residential construction

A new study from Boutique Home Plans shows Wisconsin is the 25th slowest market for new residential construction. Using data from the U.S. Census Bureau on new building permits from 1986–2021, Wisconsin had 4.32 new residential building permits per 1,000 residents. Last year, the national rate was 5.2 permits per 1,000 residents. The average from 1986–2007 was 5.6 permits per 1,000 residents. During the Great Recession in 2009, the rate was 1.90 per 1,000 residents. The five hottest housing markets are Utah, Idaho, Florida, South Carolina, and Colorado. The five slowest were Rhode Island, Connecticut, Illinois, New York, and West Virginia.