Dave Olson, Published February 22 2013
Construction activity up 34 percent in F-M metro over 2011
The value of all housing construction went up 38 percent last year and the total number of housing starts increased from 612 in 2011 to 945 in 2012, a 35 percent increase.
Single-family construction hit its highest level since 2005 with a total of 760 permits.
West Fargo more than doubled its housing permits, while Fargo and Dilworth saw 25 percent and 6 percent increases respectively in 2012.
Moorhead’s total housing starts dropped from 105 in 2011 to 87 in 2012, but the number of permits to build twin-homes, which is part of those numbers, doubled in 2012.
“This is the best overall year-end permit report that we have seen before 2008, when the nation began experiencing its economic troubles and the F-M area was seeing repeated flooding issues,” said Darrick Guthmiller, HBA president,
Guthmiller released the permit numbers during set up for the opening of the 52nd annual Red River Valley Home & Garden Show at the Fargodome, which is a sold out event this year as far as number of vendors.
See Saturday’s Forum for more details.