Falling Construction Costs Lead To Rise In NWA Building Permits

April 12, 2023

Development

Falling Construction Costs Lead To Rise In NWA Building Permits

NWA Daily

Residential building permits for single-family homes in NWA's four biggest cities increased by double digits in the first two months of 2023 compared to 2022, with 259 permits issued, a 12.6% increase year over year.

  • More or less: While the number of permits issued increased, the combined permit value for 2023 is less than last year at a combined value of $81.96m, down 3.7% compared to the previous year's $85.11m.
  • City to city: Fayetteville issued the most at 99 permits for $22.98 m, Rogers issued 71 permits for $24.51m, Bentonville issued 64 permits for $27.55m, and Springdale issued 25 permits for $6.92m.

Read more from Talk Business & Politics HERE.

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