HOUSTON - City of Houston building permits totaled $7.6 billion for the first 11 months of 2015, down 5.3 percent from $8.0 billion in the same period last year.
Both the commercial and residential sectors experienced declines in permit activity.
Non-residential permits dropped 3.8 percent, from $5.2 billion November 2014 YTD to $5.0 billion November 2015 YTD. During the same period, residential permits declined 8.0 percent from $2.8 billion to $2.6 billion.
See the Greater Houston Partnership's Dec. report provided by the City of Houston, or check out Houston's Market Research for a the latest data on submarkets.
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