drop in permits: Substantial 2008Q4 drop in building permits in Wake county, NC
- 01/04/09 01:07 PM
Building permits hit the skids. I obtained the above data from the real estate statistics page, publicly available Wake county web site. Wake county also keeps track of Residential Sales By Zip Code. From the sales data, the public can get a realistic and unbiased understanding of the real state market. Sales of new houses made up about 36% of the total Wake county unit volume sales in 2007, and about 32% in the first 8 months of 2008. By dollar sales volume, at $2.8B new houses were 43% of the $6.5B Wake county real estate sales in 2007. Building permits (0 comments)