ROLESVILLE — According to data released recently by the Home Builders Association of Raleigh-Wake County, Rolesville experienced the second highest rate of growth in new residential permits pulled for January to July as compared to the same time frame in 2012.
Rolesville’s permits pulled grew 144 percent from last year.
In 2012, during the first seven months, 78 new residential permits were pulled in Rolesville. This year, during the same time frame, 190 new residential permits were granted.
Wake Forest had 281 new residential permits pulled from January to July, an 18-percent increase from the 239 during the same time last year.
County-wide, permits are up 38 percent for the first seven months as compared to last year.
Single family permit values increased to $786 million with a total value of $1.1 billion for all permits.
More than 79 percent of all permit value for Wake County is single family and remodeling. Average single family permit value is now at $211,000.
Based on the NAHB study of one house equalling three jobs, this economic activity will generate 11,169 jobs in Wake County this year.
Remodeling permits increased 12 percent for the month. The number of remodeling permits totaled 3,789 with a total permit value of $82 million and an average dollar value of $22,000.