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Housing starts up 8.9% in West, 2.8% nationwide; new permits also jump

Housing starts up 8.9% in West, 2.8% nationwide; new permits also jump

by Brian Petrelli 18. February 2010 12:50

From the Denver Business Journal:

Housing starts up 8.9% in West, 2.8% nationwide; new permits also jump

Housing construction starts in the Western states, including Colorado, rose 8.9 percent in January from the previous month but fell 11.6 percent from January 2009, the U.S. Department of Commerce reported Wednesday.

Excluding apartments and condos, the 13 Western states saw a sharp 21.7 percent year-over-year rise in January 2010 in the start of construction for single-family homes as well as a 5.2 percent rise from December 2009.

Housing construction permits also jumped in the Western states in January, both from the previous month and the prior year.

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