Continued good news on the national home building front

Building permits in October 2012 were at a seasonally adjusted annual rate of 866,000, down 2.7 percent from the revised September rate but up 29.8 percent from October 2011. Housing starts in October 2012 were at a seasonally adjusted annual rate of 894,000, up 3.6 percent from the revised September estimate and up 41.9 percent from October 2011.

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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