While orders and pre-sales of brand new United States households slumped by 10.5 percent, the most turgid drop in nine years, and orders and pre-sales in the Western U.S. pushing the direction with a declination of 29 percent, Tucson permit number continues potent at 1,644 for the first two months of 2006, a little grander than the record 1,622 permits registered within January and February of 2005.
According to the up-to-date Southern Arizona Housing Market Letter, published by data analyst John Strobeck, father of Bright Future Business Consultants, brand new housing closings in addition moved higher, extending to 1,180 for the initial two months of 2006. This was comfortably better than results of last year’s record 1,149 closings in the period of the same two months of 2005 and opposite the operation on the resale market, where total sales were low 18 percent, from 3,334 during the initial two months of 2005 to 2,744 for the like period of time in 2006.
In comparison the rest of the nation, Tucson rested in defiance of the slow down that’s inducing people in other areas to be extra deliberate. Compared to a 2.9 percent declination, across the...