According to October’s building synopsis, permit values in Terrace for 2018 are well behind last year’s pace, but still sit above the year-to-date average.
With nearly 22 million dollars of value across 160 permits issued thus far in 2018, the city comes in at nearly half of last year’s 39 million dollar year-to-date value.
That being the case, the month of October itself still managed significantly more success than last year’s counterpart, coming in at a 2 million dollar valuation compared to 784 thousand from last October.
Commercial renovation permits garnered the most success, totaling 565 thousand in October and nearly 10 million year-to-date.
Terrace’s October year-to-date average sits at just under 19 million dollars.
