Residential, commercial construction on upswing
Friday, March 8, 2013
Construction starts for single-family houses , as measured by permits to build houses, continued to show year-over-year improvement in unincorporated parts of Clark County in February.
Last month, homebuilders took out 56 permits for projects valued at approximately $18.6 million, according to the county's Community Development Department. The permit total represented a 69.7 percent increase over the 33 permits for single-family homes, worth a total of $10.3 million, in February 2012.
Last month's homebuilding held steady with January's activity, a month when 55 permits to build single-family houses were issued.
The value of commercial building activity also ramped up in February. The county issued 48 permits last month for commercial construction projects valued at $9.6 million. It compared with 53 permits for projects valued at $4.7 million in the same month last year.