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    More space in Space City

    Houston ranks first in U.S. for new single-family home permits issued since 2012

    John Egan
    Feb 23, 2022 | 9:50 am
    410 Faust Houston home for sale
    Some 392,136 permits for single-family homes were handed out in the Houston region over a decade.
    Photo courtesy of NextGen Real Estate

    When your population soars more than 15 percent, as the Houston metro area’s population did from 2012 to 2021, you need to put more roofs over people’s heads.

    As a result of the region’s booming population, Houston tops the list of major U.S. metro areas with the most construction permits issued for single-family homes from 2012 through 2021, according to new data from self-storage marketplace StorageCafe. During that period, 392,136 permits for single-family homes were handed out in the region.

    “Houston has been the primary destination for newcomers moving to Texas, especially Californians who find respite in Harris County’s lower home prices and tax rates, cheaper land, and sound economy,” StorageCafe says in explaining the demand for more homes in the area.

    From 2012 through 2021, Houston also led the country’s 50 biggest metros for new retail space (more than 51.8 million square feet). Here’s how Houston ranks in other segments for newly built commercial real estate:

    • Third for new office space (nearly 44.3 million square feet).
    • Third for new self-storage space (nearly 17.6 million square feet).
    • Fourth for multifamily construction permits (170,817).
    • Fourth for new industrial space (more than 153.3 million square feet).

    Houston ranks second for construction activity across all six property types from 2012 through 2021. Here’s how other major Texas metros fare in that regard.

    Dallas-Fort Worth, No. 1

    DFW ranks:

    • Second for single-family home permits (323,250).
    • Second for multifamily permits (233,246).
    • Second for new office space (nearly 55 million square feet).
    • First for new industrial space (more than 228 million square feet).
    • Second for new retail space (more than 47.8 million square feet).
    • First for new self-storage space (more than 22.9 million square feet).

    “One of the fastest-growing metros in the country, Dallas acted as a magnet for both new residents and businesses over the past decade, and the real estate market responded,” StorageCafe notes.

    Austin, No. 11

    Austin ranks:

    • Fifth for single-family home permits (152,779).
    • Sixth for multifamily permits (133,951).
    • 10th for new office space (more than 23.4 million square feet).
    • 32nd for new industrial space (more than 24 million square feet).
    • Ninth for new retail space (nearly 15.2 million square feet).
    • 10th for new self-storage space (more than 8.3 million square feet).

    “Austin manages to outperform many of the decidedly bigger metros in the top 10 for both single-family and multifamily construction,” StorageCafe says.

    San Antonio, No. 20

    San Antonio ranks:

    • 21st for single-family home permits (79,057).
    • 25th for multifamily permits (44,170).
    • 25th for new office space (more than 9.3 million square feet).
    • 29th for new industrial space (more than 30.4 million square feet).
    • 11th for new retail space (nearly 13.9 million square feet).
    • 18th for new self-storage space (more than 6.8 million square feet).
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    Houston nails down No. 8 spot among fastest-moving luxury home markets

    John Egan
    Dec 22, 2025 | 1:30 pm
    11095 Memorial Drive exterior
    TK Images for Martha Turner Sotheby's International Realty
    11095 Memorial Drive is for sale for $8.8 million.

    For-sale signs on the lawns of luxury homes in Houston-area communities like Bellaire, River Oaks, West University Place, and The Woodlands are disappearing faster than in most U.S. markets.

    November’s Realtor.com Luxury Housing Report shows luxury homes in the Houston metro area spent a median 61 days on the market in November, up 3.4 percent from last November. That puts the Houston metro in eighth place among the country’s fastest-moving luxury home markets.

    Asking prices for Houston-area listings among top-tier luxury homes started at $794,576 in November, according to the Realtor.com report.

    The Houston Association of Realtors (HAR) says stepped-up activity in the luxury home market helped boost the average single-family home price in the area to $422,552 in November. The luxury market — homes priced at $1 million and above — was the region’s top-performing home category in November, according to HAR, with sales up 23.4 percent compared with the same time in 2024.

    The Realtor.com report ranks San Jose, California, as the fastest-moving metro for luxury home sales in November. There, luxury homes spent a median 56 days on the market, down 6.7 percent from last November.

    “Luxury home dynamics are increasingly driven by local factors rather than national trends,” Antony Smith, senior economist at Realtor.com, says in a release. “Some high-cost metros are experiencing brisk demand and fast turnover, while others face slower sales even at elevated price points. Understanding these local dynamics is key for both buyers and sellers in today's luxury market.”

    Roughly 200 miles west of Houston, the San Antonio metro lands on Realtor.com’s list of the country’s slowest-moving markets for luxury homes. San Antonio-area luxury homes lingered on the market for 99 days in November, up seven percent from the same time last year. That gave San Antonio eighth place on the list of the country’s slowest-moving luxury home markets.

    Asking prices for San Antonio-area listings among top-tier luxury homes started at $766,548 in November, according to the report.

    In November, 5.6 percent of home prices fell into the $750,000-and-above category, according to the San Antonio Board of Realtors (SABOR).

    Bend, Oregon, tops Realtor.com’s list of the slow-moving markets for luxury homes. In the Bend metro area, luxury homes were stuck on the market for a median 146 days in November, up 14.1 percent from the same period in 2024.

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