Multifamily permitting slowed in six of the top 10 metro areas for the year ended in January, all of which recorded double-digit declines. Phoenix, Austin and Los Angeles experienced the steepest permitting declines, ranging from 33% to 42%, while Washington, Houston and Dallas fell less sharply by 13% to 16%, according to a RealPage analysis.

Meanwhile, the New York-White Plains metro division increased permitting by almost 60% for the year to 36,630 units to lead the nation again. Atlanta also reported a significant increase in permitting from last year, with Orlando and Seattle having slightly increased permitting.

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