Houston nonresidential permits up 229 percent YOY
HOUSTON – For the month of February, Houston issued $580.1 million in building permits, a 47.2 percent increase from the $394.1 million in permits issued in February 2012, according to the Greater Houston Partnership.
Residential permits decreased 5.3 percent, from $136.4 million in February 2012 to $129.1 million in February 2013. Year to date, residential permits are up 18.5 percent to $265.8 million in 2013 from $224.4 in 2012.
Nonresidential permits grew 75.0 percent, from $257.7 million in February 2012 to $451.0 million in February 2013. Year to date, nonresidential permits are up 51.0 percent to $794.1 million in 2013 from $526.0 in 2012.
| Feb. 2013 | Feb. 2012 | Change | |
| New nonresidential | $276,494,719 | $84,117,845 | 228.7% |
| New residential | $114,701,131 | $120,545,595 | -4.8% |
| Total building permits* | $580,120,148 | $394,105,210 | 47.2% |
*Total includes additions, alterations and conversions.
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