February 2016 Building Permits

Monday, April 25, 2016

February permits pulled ahead of January as expected. Single family permits were above February 2015 by 18%, a very nice increase. The Jacksonville and panhandle areas led the charge.

Multi’s have been down the past couple months versus last year. It’s difficult to say if this is a trend, since permitting is so erratic.

I am reading some conflicting articles. One says that lots construction job openings are going unfilled. Another says that rental costs have reached a critical point and that multi-family housing is overbuilt in some parts of the county. Hopefully, it will bypass Florida for a while.

David Sumner 4/25/2016

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