Tuesday, July 9, 2013

N.D. tops country in housing growth rate

BISMARCK, N.D. — North Dakota’s rate of housing growth is higher than any other state in the country, the governor’s office said July 2.


The state added 7,388 new housing units in 2012, a growth rate of 2.3 percent, according to estimates compiled by the U.S. Census Bureau, while the country saw an average housing growth rate of 0.3 percent.


“The state is using several programs to facilitate the development of housing and our progress is proof that our strategies are working,” Gov. Jack Dalrymple said in a news release.


Williams County topped the U.S. Census Bureau’s list of the nation’s top 100 in housing growth with 1,525 new housing units, a 13.9 percent increase. Ward County followed with a 4.8 percent increase with 1,318 new housing units.


Stark County ranked eighth with a 3.1 percent increase. Cass County came in 23rd, having a 2 percent increase with 1,372 new housing units, and Grand Forks County saw a 1.4 percent increase with 401 new units, putting the county 58th on the list.

Source: http://www.prairiebizmag.com/event/article/id/15159/

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