Single-family home construction Photo by Justin Sullivan/Getty Images

Bump in 2017 Single-Family Permits Points to a Healthy Housing Market in 2018

The year-end residential construction data for 2017 is in, and the story it tells is encouraging. Single-family building permit data through the end of 2017 showed a 6.1% increase over 2016. Homebuilders don’t pull a building permit unless they are serious about building, so this data is a good indicator of future building activity.

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