Newspaper article THE JOURNAL RECORD

Building Permits Hit 10-Year High

Newspaper article THE JOURNAL RECORD

Building Permits Hit 10-Year High

Article excerpt

Building permits for new single-family homes in metropolitan Oklahoma City totaled 3,694 in 1994, the highest annual total since 5,874 were reported in 1984.

Total for 1994 was 0.49 percent more than 3,676 issued in all of 1993.

In 1992, there were 3,281 permits issued. Between 1986 and 1991 the annual number of building permits issued for the construction of new single-family homes was less than 3,000. A peak for the metropolitan area was in 1983 when 8,412 permits were issued for new houses.

All of the 16 municipalities surveyed reported issuing at least one building permit for a new single-family house during 1994.

During December, 218 permits were issued, 25.9 percent less than 294 issued in the same month in 1993.

Oklahoma City issued 108 permits for new single-family houses during December. This was a 16.9 percent decrease from 130 issued in the same month a year earlier. Permits issued in December were valued at $14.6 million, or an average of $135,067.

In 1994, Oklahoma City issued 1,779 permits, 7.8 percent more than 1,650 issued in 1993.

During 1994, the most number of permits issued was 175 in February. The least number was 105 in November.

Edmond issued 30 new single-family home building permits in December, 61 percent less than 77 issued in December 1993. The 30 permits were valued at $5.05 million, or an average of $168,317.

For the year, the City of Edmond issued 657 permits, a decrease of 18.5 percent from 806 issued in 1993. During 1994, the high point was 82 permits issued in May, and the low point was 24 permits issued in November.

In December the City of Norman issued 40 building permits for new houses, 2.6 percent above 39 issued in the same month of 1993. The 40 permits were valued at $4.76 million, or an average of $119,056.

During 1994, 579 permits were issued, 6.4 percent above 544 issued during 1993. Low point of the year was 34 permits issued in both October and November, and the high point was 74 permits issued in March. …

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