DC Had Third Highest Construction Activity in 2011
✉️ Want to forward this article? Click here.
In news that may not be surprising to District residents surrounded by cranes, drills and the constant hum of power tools, DC had the third highest level of construction activity in the nation last year, according to newly released Census data. Houston topped the list with 31,271 permits issued in 2011, while DC reported 16,501 permits issued. Fifty-one percent of our area’s permits were in multi-family buildings.
Trulia’s Chief Economist Jed Kolko analyzed the data in a recent piece in Atlantic Cities, and alluded to the finding when we spoke with him last week about Trulia’s Price and Rent Monitors.
While many large, populated cities unsurprisingly were near the top of the list, Kolko was curious about how cities ranked regardless of population and size. He looked instead at the number of permits issued per 1,000 housing units and ranked the cities accordingly. This chart gives a better sense of where activity is really humming. While major cities like New York and LA dropped off of this list, DC remained, amongst many cities in Texas and the Carolinas.
Courtesy of Atlantic Cities
Similar Posts:
- DC Has Second Highest Level of Construction Activity in the Country
- Housing Starts Drop in August, But Permits Increase
See other articles related to: construction, trulia
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/dc_had_third_highest_construction_activity_in_2011/5501.
Most Popular... This Week • Last 30 Days • Ever
This article discusses the variety of rental restrictions that may exist in condomini... read »
Today, UrbanTurf takes a look at the office-to-residential conversions on the boards ... read »
The new project is just the latest affordable development to move forward in DC.... read »
The nearly 12,000 square-foot McLean house of the former Washington Nationals pitcher... read »
The beautiful four-story property, with three renovated units offering more than $200... read »
- Understanding Rental Restrictions in Condominiums
- A Look At The 9 Office-To-Residential Conversions On The Boards in DC
- 11-Story, 46-Unit Development Pitched For A Pair Of Downtown DC Rowhouses
- Stephen Strasburg's McLean Home Sells For $8.55 Million
- Elegant Dupont Circle Rowhouse, Boasting Huge Rental Income Potential, Hits the Market
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro