building permits Archive

Building Permits and Inventory

Did building permit activity rebound at your county?   How many new housing units should be added to the market? While tight housing inventory pushes home prices upward, we look at building permits to see how many new housing units...

Construction Gap Improves, but Remains Wide

Summary: Despite strong gains in 2015, sluggish construction persists Supply constraints are wide spread Prices are likely to continue to rise in markets with inadequate supply in relation to job creation   While the homeownership rate tumbled in the...

Latest Housing Starts (July 2015)

Homebuilders broke ground at the fastest pace in eight years. A fresh supply of new homes will therefore reach the market in upcoming months to help relieve the inventory tightness. There is no need to worry about an oversupply....

Latest Housing Starts (February 2015)

Housing starts tumbled in February.  The snowy weather was the reason since the declines were much deeper in the Northeast and the Midwest regions compared to the South and the West regions where the cold weather was less of...

Rebounding Building Permit Activity

In which metro areas has building permit activity returned to the pre-bubble level? Building permits have trended up during the past several months indicating that U.S. residential construction will likely strengthen in 2015. Since building permits are an important...