EUGENE, Ore. — A new housing report showed a nationwide decline in new housing projects during January, but in Eugene new projects have increased.
The city says that over the past six months it has processed 10 percent more residential building permit applications. This is also up 20 percent from the same six-month period, last year.
The city says it hopes it is a sign the housing market is rebounding.
“We’re encouraged to see this gradual increase in residential permits and the number of new homes being constructed in the community,” said Mike McKerrow, Eugene Permit Review Manager.
McKerrow says this time of the year is always slower than the spring and summer months.
Residential building permits hit an all-time high in 2006, followed by record low in 2010.