A summary of new residential construction permit data on record with HBW during the month of April

Based on HBW’s latest construction data reports for Texas, there were approximately 9,150 new residential construction permits with a total value in excess of $2.6 billion added to the HBW database last month; this reflects an 11 percent month-over-month increase in new permits. Out of the four major metropolitan areas reviewed (Houston, Dallas, Austin, San Antonio), Houston continued to lead for volume having approximately 3,910 new permits on record for the one-month period, while Austin carried the highest average value of construction at just over $344k.

Here is a closer look at the total permits, construction values and leading counties by area for new residential construction in Texas during April 2022:

Houston

As previously noted, Houston has and continues to lead Texas metropolitan areas for new home construction as it consistently holds the highest concentration of new permits month after month.  Last month, there were approximately 3,910 new permits with a total construction value in excess of $976.4 million on record for the area.  The average value of new construction was $249,804, and more than 75 percent of all new home construction took place in the two counties of Harris (1,800 permits) and Montgomery (1,216 permits).

Dallas

In Dallas, there were more than 3,061 new residential construction permits with a total value of nearly $979 million last month. The average value of new home construction in Dallas landed on the higher end (average value: $319,745) in comparison to other metro areas reviewed, and the counties holding the majority of new home construction activity included Tarrant County (795 permits) and Collin County (984 permits).

Austin

Last month, there were approximately 1,365 new residential construction permits with a total value in excess of $469 million added to the HBW database for Austin.  The average value of construction was highest in Austin (average value: $344,189) in comparison to the other areas reviewed, and nearly all new home construction activity took place in the counties of Travis (672 permits) and Williamson (592 permits).

San Antonio

In San Antonio, there were 815 new residential construction permits with a total value of nearly $177 million on record last month.  The average value of new home construction was lowest in San Antonio (average value: $216,992) in comparison to other areas reviewed, and the bulk of all new permits originated from Bexar County (532 permits).

To gain more information on the builders, homeowners and permits for the construction activity above, check out HBW for your copy of the latest construction data reports. To gain access to the HBW database and receive custom and detailed reports on the latest residential and commercial building activity in Florida, Georgia, Texas, Alabama, and Oklahoma, please contact HBW for details.