New single-family building permits are up 33 percent in Wake County through the first 11 months of the year, according to data compiled by the Home Builders Association of Raleigh-Wake County.
Permits are up in all Wake County municipalities. The biggest percentage increase has been in Rolesville, where permits are up from 59 last year to 173 this year. Garner has also seen a dramatic increase in permits, from 36 to 83.
Municipalities in the south and west of the county have also shown strong increases. Permits are up 66 percent in Apex, 56 percent in Fuquay-Varina and 46 percent in Holly Springs.
The rise in permits comes as the number of new homes listed for sale in the Triangle is at historic lows.
There were just 1,566 homes listed for sale in Durham, Johnston, Orange and Wake counties in November, down 43 percent from three years ago, Triangle Multiple Listing Services data show.
The sharp inventory declines reflect both the lack of new construction and the fact that homebuilders have greatly reduced the number of spec homes available in the Triangle.