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Metro Detroit shows 30% rise in building permits as of November


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2013 Jan 22, 11:41pm   577 views  0 comments

by sirmajdalot   ➕follow (0)   💰tip   ignore  

http://www.freep.com/article/20130115/BUSINESS04/301150039/Metro-Detroit-shows-30-rise-in-building-permits-as-of-November?source=Patrick.net

Metro Detroit's housing market showed additional signs of a rebound with a 30% year-over-year increase in single-family home building permits issued as of November, according to data from the Southeast Michigan Council of Governments. The data cover permits issued in Wayne, Oakland, Macomb and St. Clair counties, or 3,358 for that 12-month period. The permits exceeded 300 per month for seven consecutive months -- April through October, the first time for such a streak since 2006. "What it shows is that the recovery from the Great Recession here in southeast Michigan has taken hold and continues to be positive," said...

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