New homes are going up in the DR Horton Trails subdivision near Universe NW. (Steve Sinovic/Albuquerque Journal)
ALBUQUERQUE, N.M. — Home construction continued to improve in the Albuquerque metro area in 2017, with building permits issued for single-family homes reaching the highest level in eight years, according to the latest report from DataTraq.
Permits were issued for 1,732 homes throughout the metro area in 2017, a 6.1 percent increase from 2016, and the most since 1,669 permits in 2009.
While the needle is moving upward, building permits for single-family homes still are running at about half the pace of activity in the previous years.
Home construction has ebbed and flowed dramatically in the past dozen years...Read More