Houston booms as No. 1 city in the US for new home construction in 2023

Singapore News News

Houston booms as No. 1 city in the US for new home construction in 2023
Singapore Latest News,Singapore Headlines
  • 📰 abc13houston
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

On average, 5,766 Houston home permits are being issued every month in 2023, according to Chamber of Commerce. Two other Texas metro areas landed in the top 10.

analysis discovered that despite new home permits being down over 20 percent year-over-year from 2022, Houston's housing market is still on the rise.

"Numerous factors such as limited inventory in the existing home market, high mortgage rates, and supply chain issues have created a bottleneck for new home construction," the report's authors said. "It remains to be seen whether new home construction will catch up with the current demand, but it's clear that some cities are experiencing a building boom when it comes to new homes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abc13houston /  🏆 255. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Houston Chamber Choir announces two world premieres for 2023-24 seasonGrammy-winning Houston Chamber Choir announces two world premieres for 2023-24 season,...
Read more »

Houston Astros pitcher Lance McCullers Jr. to miss remainder of 2023 season due to surgeryHouston Astros pitcher Lance McCullers Jr. to miss remainder of 2023 season due to surgeryHouston Astros pitcher Lance McCullers Jr. underwent surgery on his right forearm, ruling him out for the rest of the 2023 season.
Read more »

Houston ISD hiring for 2023-24 school year, hosting job fair on June 21Houston ISD hiring for 2023-24 school year, hosting job fair on June 21HISD Job Fair Alert! Houston ISD will host a job fair on June 21 to hire for multiple campus positions ranging from teaching to administration!
Read more »

Tribeca X 2023 | TribecaTribeca X 2023 | TribecaTribeca X is partnering with BrandStorytelling to present a unique day-long Festival event honoring creators and brands who share a love of connecting with consumers through storytelling. BrandStorytelling aims to grow and serve creators and facilitate the transformative power of branded film. This special day of festivities includes conversations with industry panelists, networking opportunities, and the chance to see new storytellers gain festival recognition and compete for The Tribeca X Award.
Read more »

The 13 best sleeping bags of 2023, per a camping expertThe 13 best sleeping bags of 2023, per a camping expertIt’s time to sleep in style.
Read more »



Render Time: 2025-03-14 07:59:55