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.
The next closest markets to New York were Dallas, with 14,277 units permitted, Austin with 14,204 units and Atlanta with 14,201 units. Houston and Phoenix permitted close to 12,000 units for the year, while the remaining top 10 markets were in the 8,700 to 10,000 range.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
