Houston apartment permits second to one in U.S.via Real Estate Center at Texas A&M

Houston retained its No. 2 ranking on a monthly list of major metros across the country with the highest number of apartment units permitted.

New York ranked No. 1 while Dallas, Los Angeles and Seattle rounded out the top five.

Builders had 26,486 units permitted over the 12 months ending in July, 29 percent higher than a year earlier and 3 percent higher than in June.

Read more...Houston apartment permits second to one in U.S.via Real Estate Center at Texas A&M