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City of Houston building permits totaled $535.2 million in February ’19, up 32.1 percent from $405.1 million in February ’18, according to the latest data released by the city’s Public Works Department. Commercial permit values increased 66.1 percent to $361.8 million; residential permit values fell 7.4 percent to $173.4 million.
Two projects of note that were permitted in February:
For the 12 months ending February ’19, city building permits totaled $6.5 billion, up 10.1 percent from $5.9 billion for the same period a year ago. Commercial permit values increased 3.6 percent to $3.5 billion while residential permit values rose 19.2 percent to $2.9 billion.
Patrick Jankowski, CERP
Senior Vice President, Research
Melissa Verhoef, PhD
City of Houston building permits totaled $535.2 million in February '19