Permitting activity, land sales portend cool off for apartments, pickup for sluggish homebuilding

building-permitsBy Mike Sunnucks |Phoenix Business Journal

New data from the Colliers International real estate firm indicates the recent surge in new apartment development may be cooling off and laggard homebuilding maybe gaining some steam.

The real estate firm looked year-end 2015 land sales and permitting activity. Some of the key findings included:

Continued:

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