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Houston: July 2014 construction permits break record againHouston: July 2014 construction permits break record againhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32992014-08-21T12:32:00Z2014-08-21T06:40:00Z

HOUSTON - Construction permitting in the City of Houston hit another record in July 2014. The running 12-month total reached nearly $7.6 billion, the fifth consecutive record-setting month.

The $7.6 billion represents a 30.5 percent increase from $5.8 billion in permits issued over the 12 months ending July 2013.

Houston Building Permits July 2014
  Monthly Data Year-to-Date Total
  July
2014
July
2013
%
Chg.
July
2014
July
2013
%
Chg.
Building Permits
($, City of Houston)
733,370,015 715,175,322 2.5 4,938,898,722 3,510,743,282 40.7
Nonresidential total 493,204,753 486,441,733 1.4 3,321,435,602 2,276,769,851 45.9*
New nonresidential 201,438,031 316,886,234 -36.4 1,956,363,284 1,152,047,586 69.8
Nonresidential additions/
alterations/conversions
291,766,722 169,555,499 72.1 1,365,072,318 1,124,722,265 21.4
Residential total 240,165,262 228,733,589 5.0 1,617,463,120 1,233,973,431 31.1
New residential 213,973,631 210,105,547 1.8 1,437,967,559 1,107,170,131 29.9
Residential additions/
alterations/conversions
26,191,631 18,628,042 40.6 179,495,561 126,803,300 41.6

*Readers are cautioned that year-to-year comparisons of nonresidential data have become near meaningless because of the billion dollar contracts for chemical plant construction that have recently been awarded.

Read more at the Greater Houston Partnership. For more economic indicators, check out the full report.

Greater Houston Partnership
Houston-The Woodlands-Sugar Land
Mixed-Use
http://www.houston.org/pdf/research/narratives/COH_Building_Permits/COH_Building_Permits.pdfRead more at {Source}

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