The Commerce Department released it's September statistics for new home starts and building permit activities. New Home construction was up 15% from August, and building permits are rising at the same level. The level of activity in September signifies an 82.5% increase from all time lows seen in 2009! So what does this mean for your New Home, Renovation, or Remodeling project on Cape Cod? Well it means demand for qualified and experienced contracting services is on the rise, and that material prices will be on the move as well. Since last year at this time, REEF has witnessed an 8% increase in construction materials prices for the average home. So if you have been thinking of Building, Remodeling or Renovating on Cape Cod, now is a great time to start and take advantage of still low costs and low interest rates! Here is the full article from Yahoo Finance: Construction Starts Up
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