Building Permits Hit Highest Level Since September 2008
Building permits, a gauge of future construction, rose 4.5 percent to a seasonally adjusted annual rate of 747,000. That’s the highest level since September 2008, according to the Commerce Department.
The data further validates that there is a housing recovery in progress.
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The Cape Coral - Fort Myers Metro area led the country in year over year price increases registering a 14.8% increase according to Trulia and Core Logic. Florida placed six metro areas in the top ten.
The top three areas are:
Cape Coral-Fort Myers, Fla.: 14.8%
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Contact Michael "Al" Rogala or call 239-738-8088 today!
Serving Cape Coral and Fort Myers - Lee County, Southwest Florida.