The demand for brand spanking new properties in Colorado Springs would not seem to have slowed due to spiking mortgage charges — at the least, not but.
The Pikes Peak Regional Constructing Division issued 393 permits in April for the development of single-family properties in El Paso County, a 9.8% enhance over the identical month final yr, in keeping with a report the company posted on its web site Monday.
The determine displays permits issued for the constructing of indifferent properties, which make up the majority of latest residential development within the Colorado Springs space; it would not embrace townhomes, condos, duplexes or residences.
Single-family permits now whole 1,552 for the primary 4 months of the yr, Regional Constructing figures present. Whereas that is down 11.1% from the identical interval in 2021, the tempo of native homebuilding stays comparatively robust; the allow whole in the course of the first 4 months of 2022 remains to be one of many highest during the last 20 years, Regional Constructing Division knowledge compiled by The Gazette present.
Wealthy Laden, The Gazette
