Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
America's largest trade association, representing 1.5 million+ members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
America's largest trade association, representing 1.5 million+ members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Housing construction is slowly ramping up. Housing starts and permitting have been at their strongest levels in years, with many markets exhibiting double-digit increases between 2011 and 2012.
Construction is an important source of job creation, but may also be needed soon to quench supply/demand imbalances in certain local markets. Through construction has grown relative to 2011, it remains tame compared to pre-recession levels.
Boise City, for example, saw a 78% increase in permits for construction between 2011 and 2012. Permits in 2012 were 72% lower than in 2005, though.
This trend of rising permits is also important as it signals confidence on the part of builders who have been reluctant to start projects in the face of large inventories and tight lending.
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