Wake County housing starts

The number of permits issued during the first 7 months of this year increased 37% and the volume associated with those permits increased 41%. This indicates a trend back towards more expensive housing. July, 2013 permits issued were down 1% compared to July of last year. This could be a sign of slow down in the market, or it could be that builders are holding back due to manpower issues.

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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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