Mesa new housing market hits highest mark in 5 years

MesaBy Michelle Reese | East Valley Tribune

Mesa’s new housing activity more than doubled in the last three fiscal years.

During fiscal year 2011 – which began July 1, 2010, and ran until June, 30, 2011 – the city issued 414 new home permits. During the most recent fiscal year, which ended June 30, the city issued 982 permits.

In June alone, 146 permits were issued. That’s more than any single month in the last five fiscal years. Mesa beat out the national trend where new home construction dropped unexpectedly in June.

And the city expects that to keep going upward.

Continued:

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