For the 12 months ending June 2012, building permits totaled $4.3 billion, a 35.1 percent increase over the $3.2 billion in permits issued during the 12 months ending June 2011.
New nonresidential permits totaled $2.8 billion for the 12 months ending June 2012, a 27.0 percent increase from $2.2 billion for the 12 months ending June 2011.
New residential permits grew at a faster rate of 54.5 percent from $926.5 million for the 12 months ending June 2011 to $1.4 billion for the 12 months ending June 2012.
Austin Real Estate article courtesy of NewsTalk Texas who writes for NewsTalk Texas. You can find the original post at NewsTalk Texas.
Thanks for reading!
Source: http://www.affinityproperties.com/wordpress/2012/07/25/houston-building-permits-june-2012/
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