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Home values rise: construction stallsHome values rise: construction stallshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=176862017-09-16T05:00:00Z2017-09-16T22:00:00Z

​​​​​Picture of a home in LongviewLONGVIEW – The number of permits issued for construction of new homes tumbled 44 percent in August from a year ago, but their average values increased 13 percent.

The ten permits for single-family homes issued last month was down from 18 issued in August 2016. 

Their average value, however, was up to $156,787 from $136,111 a year ago.

Monthly permit totals slid from a high of 16 in March to four in July before bouncing back in August.
Longview News-Journal
Longview
Housing
https://www.news-journal.com/news/2017/sep/05/aug-home-permits-dip-from-year-ago-average-sale-pr/

Want more information? See Longview housing market research. 

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