Housing permits for home construction reached a five-and-a-half-year high in October, signaling a strong uprise in new-home construction, the Census Bureau reports.
Led by a big jump in multifamily permits, overall building permits surged 6.2 percent in October to a seasonally adjusted annual rate of 1.03 million units. That marks the highest level since June 2008. Permits typically lead housing starts by at least a month.Housing permits in the West and South posted some of the strongest gains. Go West: Utah - Life Elevated - Powder Skiing. Click the link to watch the video of Utah Greatest Snow on Earth® - let us show you.
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