Austin Landed in 11th Spot in the Most Impressive Real Estate Transformation
Real estate in the U.S. is developing gradually, and every major metro city has seen its contribution to success in the past ten years. The report showed that 2021 was one of the most productive years for single-family and multifamily construction—roughly 557k building permits for single-family homes and 437 permits for multifamily units issued in 2021.
According to the new data of StorageCafe, Austin lands at #11 among 50 major U.S. metropolitan areas with the most impressive real estate transformations over the past decade by new construction. Austin had 152,779 construction permits for single-family homes and 133,951 for multifamily. This assessment formed on new construction in the single-family, multifamily, self-storage, office, retail and industrial sectors.