The
recession that's affected the housing market has also led to declining home
construction in Boone, though the decline has been less steep than in the rest
of the county. Last year, 18 single-family homes were permitted, with an
average value of $227,000. Those figures include both the town limits and the
extraterritorial jurisdiction, which is regulated by the town's Department of
Developmental Services. Six multi-unit residential buildings were permitted last year, totaling 69
housing units, at an estimated value of $7.36 million. Total residential
construction actually increased over 2008's figures, despite a lingering
recession that began in late 2008.

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