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Which Metros Are Permitting New Homes the Fastest?

March 12, 2023

After ballooning through the 1990s and early-2000s, the Great Recession decimated new home development in 2008. The construction industry has been recovering steadily since then, but has not yet reached pre-recession levels. The mix of new homes has also shifted a bit from single-family to larger multi-family complexes. But while multi-family construction has become increasingly important to the future of affordability, not all U.S. cities are taking part in the construction boom. Many are attracting new residents and new jobs at a much faster pace than they are building new homes.

The chart below shows per-capita new home permitting across the nation's 50 largest metropolitan areas. Austin, TX is currently permitting faster than anywhere else: 18 units per 1,000 residents in 2022. Additionally, over half of those permits are for multi-family homes, something rarely seen before the Great Recession.

Metro-Level Building Permits Data: 2022

RankMetropolitan AreaPermits per 1,000 Residents, 2022Share Single-FamilyShare Multi-family
1Austin-Round Rock, TX18.347%53%
2Raleigh, NC14.958%42%
3Jacksonville, FL14.162%38%
4Orlando-Kissimmee-Sanford, FL10.756%44%
5Houston-The Woodlands-Sugar Land, TX10.563%37%
6Charlotte-Concord-Gastonia, NC-SC10.170%30%
7Dallas-Fort Worth-Arlington, TX9.956%44%
8Phoenix-Mesa-Scottsdale, AZ9.657%43%
9Tampa-St. Petersburg-Clearwater, FL9.352%48%
10Nashville-Davidson--Murfreesboro--Franklin, TN9.281%19%

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Rob Warnock
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
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