New single-family housing building permits were up 10 percent in Wake County in March compared with the same period a year ago, according to data compiled by the Home Builders Association of Raleigh-Wake County.
The largest percentage growth was in Apex, Morrisville, Wendell, Rolesville and Fuquay-Varina. The biggest declines were in Cary and Garner.
Permits remain down 7 percent in Wake when comparing the previous 12 months to the 12-month period between April 2014 and March 2015.
Over that 12-month period, permits were down in Cary, Raleigh, Apex, Knightdale and Angier.
Permits increased in Fuquay-Varina, Garner, Wake Forest, Holly Springs, Morrisville, Wendell and Zebulon. The largest percentage increase was in Wendell, where permits rose 70 percent. The largest decrease was in Knightdale, where permits fell 64 percent.
The number of new homes on the market remains very low by historical standards. This reflects both the lack of new construction and the sharp reduction in the number of spec homes available from homebuilders in the Triangle.
In some areas, such as Cary and certain parts of Raleigh, there is now a shortage of available lots for builders.