Building permits were pulled for 2,108 total housing units in October, a 28-percent decrease compared with a year ago and a 28-percent decrease compared with the month prior, according to statistics compiled by the Construction Industry Research Board (CIRB). Permits for single-family homes totaled 1,364 units, down 37 percent compared with October 2009 and down 21 percent from September.
For the first ten months of the year, permits were pulled for 34,508 units, an increase of 14 percent compared with the same period in 2009, when 30,194 permits were issued. Permits for single-family homes fell behind last year's pace for the first time this year, down 2 percent when compared to the first ten months of 2009, while multifamily permits were up 52 percent.
Source: Construction Industry Research Board
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