Colorado housing permits rebound from a slow start to the year. Consumer sentiment highlights the strong demand for housing while economic uncertainty challenges business planning efforts.

Denver housing permits didn’t “pop” as we might have hoped to start the favorable spring construction season, as the City approved just 764 single-family permits in March, little changed when compared to the first two months of the year. This means the permit total is down 27.5% year-over-year (from 1,054 in March 2018).