Building Permits - Greater Houston Partnership

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January 21, 2015
Construction permitting in the City of Houston set a record in ’14. The City issued $8.7 billion in
permits in ’14, a 41.0 percent increase over the $6.1 billion issued in ’13. Residential permit
values rose 30.9 percent, from $2.3 billion to $3.0 billion, and nonresidential permits grew 47.2
percent, from $3.8 billion to $5.6 billion.
CITY OF HOUSTON BUILDING PERMIT VALUE
12-Month Total
10
9
8
$ Billions
7
6
5
4
3
2
1
0
'05
'06
'07
Source: City of Houston
'08
'09
Residential
'10
'11
'12
'13
Nonresidential
'14
'15
Total
For the month of December, city permitting activity totaled $627.4 million, a 0.6 percent
decrease from the $631.3 million in permits issued in December ’13. Residential permits fell
17.4 percent, from $259.2 million in December ’13 to $214.1 million in December ’14. In
contrast, permits for non-residential construction rose 11.1 percent, from $372.1 million in
December ’13 to $413.3 million in December ’14.
Prepared by Greater Houston Partnership Research Department
Patrick Jankowski, CCR
Senior Vice President, Research
713-844-3616
[email protected]
Jenny Philip
Senior Manager, Economic Research
713-844-3615
[email protected]