Florida home permits rebound 28% in August

Florida issued 7,842 new-home permits in August, a 28% increase from July, with Tampa and Southwest Florida accounting for over half. The permits represent nearly $2.9 billion in construction value. Tampa led with 2,170 permits valued at $711.9 million, followed by Southwest Florida with 1,911 permits at $706.8 million. Southeast Florida had the highest average construction value per permit at $533,684. Permit data indicates potential housing supply growth but does not reflect completion timing or buyer demand.