New construction plagued by shortages
Home construction dropped sharply in November in Collier County, thanks in part to material shortages made worse by Hurricane Wilma and a maturing market that continues to see a slowing of growth here.
The number of single-family houses and condominiums permitted in November in Collier fell to levels nearly half what they were last year, Collier County building permit data shows. Collier builders received final permits, or certificates of occupancy, for 271 homes and condos in November, compared with 513 for the same month last year.
Material shortages cause home construction slowdown [Naples Daily News]
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