National permits and starts for October 2016; a blowout month for starts!!

Building permits in October 2016 were at a seasonally adjusted annual rate (SAAR) of 1,229,000, up 0.3 percent from the revised September rate, and up 4.6 percent from October 2015.
Housing starts in October 2016 were at a SAAR of 1,323,000, up 25.5 percent from September, and up 23.3 percent from October 2015.

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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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