Lee County and Cape Coral permits continue strong
Lee County issued 1,181 permits for new single-family in September, off the record 1309 issued in August but well ahead of the the 510 issued in September 2004.
Cape Coral issued 765 permits in September, up from 742 issued in August and 477 in September 2004.
The continued strong pace of single-family home starts is a positive indicator for the continued health of the local market. Another positive economic indicator for Lee County is an unemployment rate of 3.2%, the lowest in Florida.
September 2004 permit numberss were impacted by Hurricane Charlie and are not necessarily a good barometer to judge this year’s results.
Home permits still up from previous year [News-Press]
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