SOUTHWEST FLORIDA – Building permits rose again during August in both Sarasota and Manatee counties, another sign the growing recovery in new home construction continued.
The number of permits for new buildings issued in the two counties rose 16 percent compared with August 2011. The estimated value of the newly permitted homes was $51 million, an 8 percent increase compared with the same month last year.
For the year through August, permits for new buildings jumped 34 percent in the two counties, while the estimated value of those planned buildings was up 38 percent.