DBusiness Magazine
Report: November Home Permits in Metro Detroit Up 5%, Average Value Jumps 9.1%
A total of 325 single-family home permits were issued across Macomb, Oakland, St. Clair, and Wayne counties in November, according to the Home Builders Association of Southeastern Michigan in Farmington Hills.
More than 300 home permits were issued in metro Detroit in November, marking the sixth consecutive month above the threshold. // Stock photo
A total of 325 single-family home permits were issued across Macomb, Oakland, St. Clair, and Wayne counties in November, according to the Home Builders Association of Southeastern Michigan in Farmington Hills.
While the end of the year is often impacted by a seasonal slowdown due to the holidays and other factors, November permit activity is 5 percent higher year-over-year.