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Permits Set Growth Record in Metro Area.
By Rory McClannahan, Albuquerque Journal, N.M. Knight Ridder/Tribune Business News
Feb. 2--ALBUQUERQUE, N.M. -- Growth on the west side of the Rio Grande drove metro area home building permits to set a new record in 2004, 12 percent over 2003.
The hottest spots in 2004 for new home construction compared to 2003 were Rio Rancho with 43 percent growth, the Southwest Mesa with 26.6 percent, and Valencia County, including Los Lunas, with 46 percent.
Albuquerque's Northwest quadrant fell by a half a percent and the city of Albuquerque grew by only 0.6 percent.
During 2004, 7,719 new home construction permits were issued in the metro area, according to …
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