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Monthly Update: Building Permits

August '22, Latest Data
Published on 10/3/22

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City of Houston building permits totaled $7.7 billion for the 12 months ending August ’22, up $1.6 billion (25.6 percent) from $6.1 billion issued over the same period in ’21, according to the latest data from the city’s Public Works Department. 

  • Commercial permits jumped 28.6 percent to $4.3 billion. 
  • Residential permits jumped 21.9 percent to $3.4 billion. 

Construction inside the city continues to surge. Through August, the city has issued permits for:

  • $1.978 billion in renovation work, compared to $1.332 billion over the comparable period in ’21,
  • $1.344 billion in single-family construction, versus $1.104 billion August YTD in ’21,
  • $720.5 million for multifamily projects, up from the $485.3 million in ’21, and
  • $545.9 million in new office, bank and professional buildings, versus $201.6 million in the first seven months of ’21.

As with many other industries, construction continues to suffer from materials and labor shortages and escalating prices for both.

Prepared by Greater Houston Partnership Research Division 

Patrick Jankowski, CERP
Chief Economist and Senior Vice President, Research
pjankowski@houston.org

Clara Richardson
Research Associate
crichardson@houston.org

 

Key Economic Indicators Real Estate Building Activity
$0.9 billion

City of Houston building permits totaled $0.9 billion in August '22

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