Wednesday, June 11, 2008

More residential market numbers

The freefall in Denver's residential construction market is apparently continuing, with first quarter reports showing that there were 2,081 permits issued for homes, condos and apartment units. Same period last year there were 3,649 permits pulled, according to Home Builders Association data. The good news is that while the residential market is tanking, the commercial market is moving & shaking. Denver's commercial masons are all busy. Nobody's bored and the hoddies are all running hard. That's the yin and yang of the construction biz.

Here's what the Rocky had to say about the residential market:
http://www.rockymountainnews.com/news/2008/jun/10/new-home-starts-hammered/

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