D-FW homebuilding permits were down again in September

Permits for new home construction in North Texas fell in September — the second such year-over-year decline in a row.

Single-family homebuilding permits were down last month by more than 20% from September 2020 levels, according to data from the Texas Real Estate Research Center at Texas A&M University. Builders took out permits to start 3,345 houses, the lowest number in more than a year.

September’s decline follows a smaller drop in home construction permits in August.

The two consecutive months of slowing activity come after more than a year of big gains in Dallas-Fort Worth single-family home permits.

And homebuilding in the area is up more than 75% this year.

The drop in permits for further home construction is because local homebuilders are operating at full capacity...

Read More