The US Census/Department of Commerce issued their Building Permit numbers and starts for Minnesota yesterday. I love graphs like this – it is really fun to know where we have been! Seriously though, it shows us in a historical perspective where we are at.
The future is certainly unknown, but I believe we are bouncing at or near the bottom now. If we can get employment back up then we will begin seeing the permits and starts moving to more normal levels.
- July Building Permits and Housing Starts for the Midwest (NAHB and Census Bureau) (craigkamman.wordpress.com)
- States where no one wants to buy a new home (msnbc.msn.com)