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Why is this important?
The number and value of new single family homes permitted in the calendar year reflects the economic and population growth of the city.
Performance Analysis
The tight inventory of available housing has led to an increase in permitting for single family housing to fill the need. Fort Worth continues to experience an increase in home values. The shortage of skilled labor and increase in building materials has influenced the cost of building new homes, which is reported in the total dollar value of new construction.
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Department: Finance