Between April 2020 YTD and April 2021 YTD, 36 states recorded growth while 14 states and the District of Columbia recorded a decline in multifamily permits. Austin was #2 with over 10k permits following only New York which had 12,734 which is quite incredible given the difference in populations: 1M vs. 8.6M.
Full Article here: Austin Has 2nd Largest Multifamily Market
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The Chase for Big Gains Is Finally Bleeding Into the Housing Market