Tucson home building permits up 39%, best in 8 years

Stock image

By Karen Schutte for Real Estate Daily News

Analysts say home building permits were up 39 percent last month in the Tucson metro region, and they expect growth to continue this year. Homebuilders are reporting March to be their best month since 2008 for single-family home permits and signs of strong sales.

New home permits rose to 271 in March, up from 206 in February and 143 in January 2016, totaling 620 permits for the quarter, the strongest the region has seen since 2008

Continued:

Share this!

Additional Articles

New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.