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7/6/2017 |
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NWA residential building permits down, values increase |
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By Paul Gatling
TBP
The overall number of residential building permits in the region's four largest cities through the first five months of the year is down compared to 2016, but permit values are up.
According to data from each city, residential permit values from January through May totaled a combined $193.63 million for Bentonville, Fayetteville, Rogers and Springdale, a modest increase of 7.2% compared to $180.61 million from the same period a year ago. The increase is 31.6% when compared to the value of $147.14 in the January-May period of 2015.
Through the first five months of the year, those same four cities issued 729 residential building permits, a slight dip from 745 in the same period of 2016.
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