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As one would expect in a growing community, 5% population growth reported between the 2016 and 2021 census, Brandon has recorded a steady increase in the number and dollar volume of building permits across all sectors of the economy.

Residential construction continues to be strong, with over 2,600 new units constructed in the last decade. Of these newly constructed units, approximately half were multiple family units. From 2014 to 2023 Brandon averaged 266 new dwelling units per year. Despite strong residential growth, Brandon continues to exhibit signs of a community in which the housing demand continues to exceed supply. Brandon’s rental vacancy rate continues to be reatively low, currently hovering around 2.5 percent. Brandon’s average housing price continues to grow and remain strong.

 

   2014   2015   2016   2017   2018   2019   2020   2021   2022   2023 
 # of New Residential  
 Units Added  
379 202 268 285 169 232 470 208 259 187

RTM and Mobile Homes are excluded

Source: City of Brandon Development Services Department