New Hampshire Housing Industry on the Upswing. New Permits Issued Bucks National and Regional Trends.

Wednesday, 18 August 2010 18:11

NhBRLogoCONCORD, NH, August 18, 2010

According to the U.S. Census Bureau the number of building permits issued for new residential building in New Hampshire is up substantially from last year.

Through June the number of single family permits issued stood at 1,033 which is 56% ahead of 2009 for the same six month period. With even stronger performance in the multifamily area the total number of permits for all residential building was up 67% over last year.

Merritt Peasley, President of the Home Builders & Remodelers Association of New Hampshire stated, “Even though we have a long ways to go as the industry comes out of this recent downturn in the overall economy and, especially in our industry, we are pleased to see these numbers.”

According to the National Association of Home Builders permit issuance, which can be an indicator of future building activity, fell nearly 26 percent in the Northeast overall.

“This is additional evidence that New Hampshire will continue to lead the region as the economy recovers, we put more people back to work in the construction industry, and make the critical contributions to the state’s economy”, Peasley said.

 

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