Multifamily Permits Boom in Secondary Markets via Multifamily Executive Magazine

The latest data from Dallas-based Axiometrics shows that multifamily permits were on the rise in October in almost all major metros in the United States.

But there were some surprises in terms of where the largest increases were taking place. One would think and expect metros like New York, San Francisco, and Washington, D.C. to top this list.

But some smaller cities had a more productive third quarter for permits than did many larger cities. In terms of the number of permits issued in October 2012 compared to October 2011, the leading cities were mostly secondary markets.

Read more...Multifamily Permits Boom in Secondary Markets - Permitting - Multifamily Executive Magazine