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City of Houston building permits totaled $909.1 million in May ’19, up 81.8 percent from $500.0 million in May ’18, according to the latest data released by the city’s Public Works Department. Commercial permit values increased 153.4 percent to $563.9 million; residential permit values increased 24.4 percent to $345.2 million. Year-to-date building permits for Houston are up 58.5 percent from the same period last year; 99.4 percent for commercial permits and 18.0 percent for residential permits.
Three projects of note that were permitted in May:
For the 12 months ending May ’19, city building permits totaled $7.4 billion, up 27.3 percent from $5.8 billion for the same period a year ago. Commercial permit values rose 37.1 percent to $4.4 billion while residential permit values increased 15.5 percent to $3.0 billion.
Melissa Verhoef, PhD
Patrick Jankowski, CERP
Senior Vice President, Research
City of Houston building permits totaled $909.1 million in May '19