…an indicator of continued growth?

According to the most recent statistics, building permits wee 6.9% higher in February 2014 than in February 2013. This marks a continuation of a fairly slow but steady increase in building permits since November 2010. However analysts cautioned that even if building permits continue to increase at this rate for the next year, the January and February 2015 will still be below the average and median levels registered over the course of the past 30 years.