Showing posts with label Middleton Condos. Show all posts
Showing posts with label Middleton Condos. Show all posts

Saturday, August 9, 2008

Dane County housing starts at lowest levels in at least a decade

Dane County housing starts in the month of July remained low, according to a Wisconsin State Journal article (print only) from Friday's edition.

The Dane County numbers

  • 50 permits for homes and duplexes were issued in July compared to 85 permits in July of 2007, down 41%.
  • 430 permits were issued through the first 7 months of the year compared to 716 permits during the same time period last year, down 40%.

The Madison numbers

  • 95 permits were issued year-to-date through the month of July compared to 213 permits during the same time last year, down 55%.

According to the data source, MTD Marketing Services, Dane County housing starts are at their lowest levels in over a decade. This is tough news for the building industry, but a baby step toward driving Dane County inventory lower.