Home starts here remain weak

Home building in Dane County remains the weakest it has been this century, according to the latest figures from MTD Marketing.

There were just 129 permits issued for single-family homes and duplexes here in June, well below the 222 last year and at least 39 below every June since 1999, the earliest year for which MTD reported figures. The June permits did have a record average value of $243,038. The average square footage was 2,357, behind only the 2,379 a year ago.

Year-to-date through June, there were 822 permits in Dane County, 414 below a year ago and at least 167 below every year since 1999. This year's permits had a record average value of $250,444, up from the prior record of $239,166 a year ago. The average square footage was a record 2,480, edging out the 2,477 in 2004.

From The Capital Times, July 10, 2006

Posted by Ruth Robarts at July 11, 2006 11:18 AM
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