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New home construction returns to 2006 levels in Washington D.C.

Posted By Wayne Grayson On October 25, 2012 @ 1:59 pm In Construction News | No Comments

[2]Some extremely welcome news indicative of a growing national trend from the Washington Post which reports [3] that new home construction has been on a steady rise since 2010 in the Washington D.C. metro area.

The majority of these new homes are in the multi-family rental market but recently more single-family projects have started in the city’s suburban centers.

The Post reports that through August of this year, more than 19,000 building permits were issued in Washington D.C., a number “nearly double the number issued in the first eight months of 2011 and on pace to meet 2006 levels.”

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[1] Image: http://www.equipmentworld.com/files/2012/10/shutterstock_1136209871.jpg

: http://www.equipmentworld.com/files/2012/10/shutterstock_113620987.jpg

[3] from the Washington Post which reports: http://www.washingtonpost.com/blogs/where-we-live/post/new-home-construction-back-to-2006-levels-in-much-of-washington-dc-metro-region/2012/10/22/2ba4df3a-1c70-11e2-ad90-ba5920e56eb3_blog.html

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