Posted Jun 6, 2019, 3:23 PM
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,383
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Houston apartment permits triple from a year ago
Quote:
The number of Houston-area apartments permitted in the 12 months ended April 30 was up 200 percent over the previous year, elevating Houston to the No. 2 spot of top metros ranked for permit activity, new data shows.
Builders permitted 20,012 units in Houston over the 12-month period, tripling the year-ago pace, according to a report from RealPage, a real estate data firm.
The boost in activity lifted Houston's ranking one spot from the 12-month period ending in March. Houston displaced Dallas, which moved to the No. 3 spot. New York ranked No. 1.
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