Newspaper article THE JOURNAL RECORD

State Home Construction Decline Largest in Nation / Say Home Builders

Newspaper article THE JOURNAL RECORD

State Home Construction Decline Largest in Nation / Say Home Builders

Article excerpt

Oklahoma had the largest percentage drop in the nation in the total number of permits issued for home construction for th e first seven months of 1985, according to a report from the National Association of Home Builders.

The total number of permits for both single-family and for multi-family construction went from 15,463 in 1984 to 7,080 in 1985, a decline of 54.2 percent.

For single-family home permits, Oklahoma had the largest percentage decline in the nation for the first seven months of the year and the second highest decline in the nation for multi-family permits.

For the first seven months, there were 4,378 single-family permits issued in Oklahoma, down 47.6 percent from 8,365 in 1985, according to the home builders.

Montana had the second highest percentage drop in single-family permits with a 39.9 percent decline from 966 single-family permits in 1984 to 580 in 1985.

Multi-family permits in Oklahoma totaled only 2,702 from January to July, a 61.9 percent drop from the 7,107 recorded the previous year.

Only West Virginia had a larger percentage decline in that category. Multi-family permits went from 483 in 1984 to 137 during the same period this year, a 71.6 percent decline.

According to John Koelemij, president of the national home builders association, housing production overall for the nation has been good the first seven months of the year, but it has been much better so far this year in the Northeast than in the South.

Koelemij said the states where housing has had the worst trouble is in states where energy production is a staple of the local economy, such as Oklahoma and Texas.

Also, farm states and states where the steel industry and related industries are based have been hard hit. …

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