Official shares data on SD multi-family housing spree, tight labor market

Six thousand five hundred new housing units worth $1.4 billion were built in South Dakota last year, a state economic development official said June 12, helping alleviate rising home costs.

“Our building permits are notably concentrated on multi-family housing, with an average of 1.8 units per building,” Joe Fiala with the Governor’s Office of Economic Development told members of the South Dakota B…