St Louis New Home Construction – Current Permit Activity

St. Louis New Home ConstructionSt Louis new home construction has suffered like pretty much the rest of the country has over the past 5 years or so as a result of the real estate bubble burst. The news lately has been better as we have seen new home construction in St Louis increase, in some areas significantly, but, as I often remind readers, it is all relative.  The increases we are seeing now are increases from historically low numbers in the recent past and have a long way to go to get back to a “normal” level.  The chart below (which is “live” and will also show current data, so bookmark this page and check back) puts it in perspective as we look back over St Louis new home construction activity for the past 10 years.

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