An HBW report on permit data for new residential construction in Texas during the month of October 2021
Based on HBW’s latest construction data reports, there were approximately 6,615 new residential construction permits with a total value of nearly $1.7 million added to the HBW database for Texas last month; this reflects a 4 percent month-over-month increase in new home construction.
Out of the four Texas regions reviewed, Houston carried the greatest volume of new home construction activity (2,855 permits), while the highest average value of residential construction projects could be found in Dallas (average value: $287,458).
Here is a closer look at new residential construction activity across the Lonestar State last month, including permits by area, average value of construction and leading counties for new home construction:
As previously noted, out of the four regions reviewed, the greatest amount of new residential construction permits originated from the Houston area, representing just about 43 percent of all new home construction across the state. Here is breakdown of permits by region for the one-month period:
Average Value of Construction:
Last month, the average value of new home construction in Texas ranged from a low of $222,627 (Houston) to a high of $287,458 (Dallas). Here is a closer look at the average value of construction across Texas during the month of October:
While new home construction was flourishing in each of the four metro areas of Texas, when reviewing reports county-by-county, there were five counties that carried more than 56 percent of all new residential construction activity in Texas last month; the five leading counties for new home construction are as follows:
1. Harris County (Houston): 1,391 permits
2. Montgomery County (Houston): 786 permits
3. Collin County (Dallas): 565 permits
4. Tarrant County (Dallas): 501 permits
5. Dallas County (Dallas): 482 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.