HAVE YOU SEENOOO Home-Building Still Logs But August Building Grows in West

The 25 Leadlng Constructlon ilurlsdlctlons of the West

*Unlncorporated

A marked increase in total value of building permits during August in the 13 Western states, contrary to most forecasts in building circles, is reported by Western Building, building trade journal, in its monthly statistical survey just released. Reports from building inspectors in 454 building jurisdictions in the West, which represent about 85/o ol all Western light construction, show dollar value of permits at $534,590,414, an increase of $43 million over the $491,682,468 issued in August a year ago. Number of permits increased slightly, f.rom 66,399 to 66,511.

Home building still shows the effects of tight mortgage money earlier in the year, plus the fact that there has been some extensive tract building in the principal suburban areas of Western cities which has not yet been absorbed. Total residential permits for August amounted to $258,353,398, down from $297,8n,2W a year ago. Number of residential permits was also lower, from 26,822, to 23,019.

Highest increase for any of the states was Arizona, which showed total permits up from $30 million to $50 million. This was largely accounted for in Tucson, which leaped from less than $3 million to over $26 million in other than residential activity. Next healthiest increase was in Hawaii, which went ahead from $71million a year ago to nearly $14 million; all categories, residential and other building, was up.

Oregon also advanced by some $13 million, from $24 million to over $37 million. Wyoming was ahead in all four classes. both in number and dollar volume of total and residential permits, over a year ago; and the state of Washington passed Oregon slightly to take third place in the West with $38 million in permits, up $4 million from last year at the same time. Home building was down about $2 million, however, with Oregon maintaining the same level as 1959. Montana and Nevada were both ahead in dollar volume of total building and homes, but down slightly in the number of permits.

California, too, was ahead $5 million in total building, but the big jump was in other than residential, with home building off from $213 million to $180 million.

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