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Monthly Update: Building Permits

May '24, Latest Data
Published on 7/15/24

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METRO AREA CONSTRUCTION

Dodge Data & Analytics reports that $19.4 billion in construction contracts were awarded in the Houston area through the first five months of this year. That’s up 64.3 percent from the $11.8 billion awarded over the comparable period in ’23. Residential, non-residential, and non-building (i.e., streets, highways, utilities, etc.) awards were all up compared to last year.

Over half of recent construction contracts have been let for projects in Harris County. Montgomery County garnered the second largest share, followed by Fort Bend. Those three counties comprised 86 percent of all construction activity in the region. The remaining 14 percent was dispersed among the seven other counties.

CITY OF HOUSTON BUILDING PERMITS

The City of Houston issued $3.655 billion in building permits through the first five months of ’24, up from $3.512 billion over the comparable period in ’23.

  • Non-residential permits totaled $909.9 million compared to $1.561 billion in ’23. 
  • Residential permits totaled $1.437 billion, compared to $1.968 billion in ’23. Permits for additions and alterations totaled $1.307 billion, compared to 1.103 billion in ’23.

Prepared by Greater Houston Partnership Research Division 

Patrick Jankowski, CERP
Chief Economist
Senior Vice President, Research
pjankowski@houston.org

Leta Wauson
Research Director
lwauson@houston.org

 

Building Activity Key Economic Indicators Real Estate
$19.4 billion

Contracts awarded through the first five months of this year.

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