New single-family building permits were up 30 percent in Wake County last 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 increases were in Rolesville, where permits jumped 173 percent from 64 last year to 175, and Garner, where they increased 70 percent from 50 to 85.
Municipalities in the south and west of the county showed strong increases. Permits were up 68 percent in Apex, 55 percent in Fuquay-Varina and 38 percent in Holly Springs.
Despite the rise in permits, inventory levels of new homes on the market in the Triangle remain at historic lows. Many of the new homes now being built are pre-sales, meaning they never show up on the market.
There were 1,501 new homes for sale in the Triangle at the end of the year, down 17 percent from the end of 2011, Triangle Multiple Listing Services show.
The region has a 4-month supply of new homes on the market at the current pace of sales, and 30 of the Triangle's price segments have zero inventory.
