Santa Cruz Architect

MARCH 19, 2024

This transformation aims to simplify and expedite the permitting process, making it more accessible for homeowners to expand their properties with additional housing units. Estimates suggest a need for 3.5 million additional housing units by 2025, far surpassing the current annual construction rate of fewer than 80,000 homes.

Landscape 65

Landscape Housing Permits Innovation 65

BD+C

DECEMBER 7, 2023

At the metro level, Austin saw the nation’s sharpest rent decline over the past 12 months (-6%), likely owing largely to new supply – the area has permitted the most new housing units per capita among large metros in recent years. 2 – Expect low single-digit rent growth in 2024. 2 – Expect low single-digit rent growth in 2024.

Housing 59

Housing Permits Estimating Construction 59

BD+C

DECEMBER 7, 2023

At the metro level, Austin saw the nation’s sharpest rent decline over the past 12 months (-6%), likely owing largely to new supply – the area has permitted the most new housing units per capita among large metros in recent years. 2 – Expect low single-digit rent growth in 2024. 2 – Expect low single-digit rent growth in 2024.

Housing 52

Housing Permits Estimating Construction 52