Multifamily permitting continues to trend down, according to a recent report from RealPage.
New York continues to lead the country in permitting but continues to cool, with a total of 22,288 units permitted in the 12-months-ending November. That is down by almost 15,700 units from last year, writes analyst Chuck Ehmann.
Phoenix was the big mover on the list, up two spots to No. 2 with 20,890 units permitted. Austin was third (20,866 units) and Dallas ranked fourth (19,711).
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