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Permit Volumes Rise in June, Breaking a Three-Month Slide

But Multifamily Authorizations Still Down Year-Over-Year

By Lindsey Allen and Chuck Ehmann | Friday, August 4, 2017

multifamily permitting

Multifamily permitting increased in June from May, with authorities issuing permits for 409,000 units in the previous 12 months -- 42,462 of them in June 2017 alone. The annual rate represents a 2.4% decrease from the level of June 2016, meaning a softening of apartment construction may be on the horizon next year.

Austin-area authorities permitted a nation-leading 2,300 multifamily units in June alone.

Click here to read the metro permitting story.

Click here to access the June 2017 Construction Report

Lindsey Allen and Chuck Ehmann

Lindsey Allen and Chuck Ehmann

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