The U.S. Census Bureau released new data today on building permits in May 2017 showing a seasonally adjusted annual rate (SAAR) of 1,168,000, down 4.9 percent from the revised April rate, and down 0.8 percent from May 2016.
Housing starts in May 2017 were at a SAAR of 1,092,000, down 5.5 percent from April 2016, and down 2.4 percent from May 2016
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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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