Clark County housing starts up again in January
Thursday, February 7, 2013
Homebuilding in Clark County continued to rise in January as measured by permits to build single-family houses.
Helped along by low interest rates, demand increased for new homes in unincorporated parts of the county, according to a report issued Thursday by the Department of Community Development. The agency issued 55 permits in January, more than three times the number handed out during the same month in 2012 and up 68 percent from December's total of 33 permits.
Developers now find themselves in a market with a dwindling supply of new and existing houses for sale, according to some in the local industry, which last year built about $182.8 million worth of homes in unincorporated Clark County. Local homebuilders built about $118.8 million worth of houses in 2011.