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Inside Business: Housing building permits remain strong in F-M community

FARGO -- New housing activity remained steady in the third quarter of 2016, according to a new report. The Home Builders Association of Fargo-Moorhead released its third-quarter building permit report last week that showed 923 housing permits wer...

New-home construction continues in the neighborhood south of Fargo Davies High School on Tuesday, Oct. 25, 2016. Forum file photo
New-home construction continues in the neighborhood south of Fargo Davies High School on Tuesday, Oct. 25, 2016. Forum file photo
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FARGO - New housing activity remained steady in the third quarter of 2016, according to a new report.

The Home Builders Association of Fargo-Moorhead released its third-quarter building permit report last week that showed 923 housing permits were taken in the community in 2016 as of the end of September, up about 1 percent from the 917 permits at this point last year.

"Through second quarter, housing permits were down about 7 percent compared to last year, so the industry made a strong push from July through September to bridge that gap, despite a little rainy weather during that period," Tom Spaeth, HBA president, said in a written statement.

West Fargo had 393 housing starts for the year-to-date through the end of September, the most of any city so far this year, with 322 single-family permits, 40 twinhome permits and eight townhouse permits for a combined value of $87.7 million.

But Fargo's permit activity had the highest combined value in the community at $95.1 million. Fargo's permits included 310 single-family homes, 34 twin homes and 19 town houses.

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In Moorhead, 146 total permits added up to a value of $28.8 million. That included 118 single-family permits, four twin homes and 12 duplexes.

Dilworth registered 21 single-family permits for a combined value of $4.8 million.

Related Topics: MOORHEADWEST FARGO
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