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Single-family permits were also up, while multifamily permits retreated from March’s surge.
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Starts, on the other hand, declined for the second consecutive month.
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While single-family starts were down in February, permit activity was at the highest level seen in years.
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Almost a third of the areas that appeared on last month's index were disqualified in March.
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January’s report was influenced by better-than-normal weather.
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Single-family numbers were also up in November, a sign that the sector may finally be coming up from the bottom.
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In October, permits came in at the highest level seen in 19 months.
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The multifamily market’s dramatic jump in starts was tempered by fewer permits, leaving the direction of the housing market about the same.
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While multifamily's permit numbers were the third highest in the last 30 months, single-family permits logged the 12th lowest number on record.
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While multifamily housing has achieved an upward trend, the improvement in the single-family sector is still small and unreliable.
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Beazer Homes USA is the most recent production builder to settle with the U.S. Environmental Protection Agency over allegations that the company violated stormwater discharge rules across the country. The Atlanta-based company has agreed to pay a $925,000 penalty and implement a compliance program...
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Wharton’s Bluff receives National Green Building Standard recognition for avian habitat preservation.
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Robert Rivinius says that keeping development moving forward in California was his group's greatest challenge and accomplishment.
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Builder will rebuild retaining wall that collapsed in this San Antonio community.
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A “slope failure” at a Centex subdivision exposes lax enforcement of permitting procedures.
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REGIONS
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Other cities in Oregon are considering similar measures, according to local HBA.
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Re-evaluating a conservation easement puts one of Pulte Homes’ active adult communities on the right path.
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Overall housing activity down by nearly one-third compared to last year.
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A Dallas 'burb is looking to attract development by waiving fees for builders.