A report from The Birmingham News suggests that 2012 may have been a pretty decent year for the housing market in Alabama after all. And that may be good news for the state in 2013 as consumers gain confidence in the economy.
According to the article, this was the first time the housing market expanded since 2005.
“Across Alabama,” author Alex Walsh writes, “the number of permits issued for new private residential construction grew 9.1 percent in 2012 relative to 2011, according to the latest data provided by the U.S. Census Bureau.”
In terms of metro-area growth, Dothan led the way with about 70 percent more permits issued in 2012 than 2011. But the Birmingham-Hoover MSA came in near the top of the list — in third, to be precise — with 27 percent growth in that time period.
Below is a table for all of the metro regions in the state from the story on al.com.