Appraisal News & Commentary
Appraisal News & Commentary

building permits declined to their lowest levels in October since July 1993, according to the latest release from Hanley-Wood Market Intelligence. Meanwhile, new home sales took an upswing, while existing home sales continued their

and the slowest pace since July 1993. Single-family permit issuances decreased in October, dropping 7 percent from the September level to a seasonally adjusted level of 807,000 permits issued. The number of multifamily (5+ units) building permits issued held fairly steady during October, decreasing slightly to 330,000 units. Permit issuance for buildings with two to four units was down by 13 percent to 41,000 units permitted during

building permits declined to their lowest levels in October since July 1993, according to the latest release from Hanley-Wood Market Intelligence. Meanwhile, new home sales took an upswing, while existing home sales continued their slide.

and the slowest pace since July 1993. Single-family permit issuances decreased in October, dropping 7 percent from the September level to a seasonally adjusted level of 807,000 permits issued. The number of multifamily (5+ units) building permits issued held fairly steady during October, decreasing slightly to 330,000 units. Permit issuance for buildings with two to four units was down by 13 percent to 41,000 units permitted during


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