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...