Quote:
Originally Posted by animatedmartian
According to SEMCOG: Total new units
2004: 923
2005: 1,051
2006: 698
2007: 654
2008: 516
2009: 118
2010: 616
2011: 922
2012: 404
2013: 314
2014*: 83
*possibly as of March.
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Hmmm. Kind of disappointed. Short of the total collapse in 2009, which was the height of the recession, there is no discernable pattern, and really no sign that anything is really picking up. Are multi-family structures counted as a single permit (either construction or demolition)? Even the demo permits don't have much of a discernable pattern, and this is despite all of this fanfare in the past few years about all of this federal money coming in for demos and a system to handle them.
Of course, residential and demo permits are only part of the story. There are plenty of vacant units which were on the market which have been filled in the past few years which wouldn't show up in this kind of data. This data shows renovated and new construction, I imagine, in addition to the vacant stuff that hadn't been on the market in years that was demoed.