Historical Year Data · 2022
Building Permits: Single-Family in 2022
Building Permits: Single-Family opened 2022 at 1,243 and closed at 742, a -40.31% move for the year. The high of 1,243 was reached on January 1, and the low of 742 on December 1.
Open
1,243
2022-01
Close
742
12 data points
High
1,243
Jan 1
Low
742
Dec 1
Full Year Change
-40.31%
2021 Change
-7.88%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1,243 | 1,243 | 1,243 | 1,243 | +0.00% |
| Feb | 1,187 | 1,187 | 1,187 | 1,187 | +0.00% |
| Mar | 1,136 | 1,136 | 1,136 | 1,136 | +0.00% |
| Apr | 1,087 | 1,087 | 1,087 | 1,087 | +0.00% |
| May | 1,032 | 1,032 | 1,032 | 1,032 | +0.00% |
| Jun | 950 | 950 | 950 | 950 | +0.00% |
| Jul | 926 | 926 | 926 | 926 | +0.00% |
| Aug | 886 | 886 | 886 | 886 | +0.00% |
| Sep | 862 | 862 | 862 | 862 | +0.00% |
| Oct | 843 | 843 | 843 | 843 | +0.00% |
| Nov | 790 | 790 | 790 | 790 | +0.00% |
| Dec | 742 | 742 | 742 | 742 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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