Dallas and San Antonio lead in permits and sales, respectively, as states like Texas and Florida experience reduced market activity post-pandemic. Orlando and Tampa lead Florida's recovery from Hurricane Milton, with substantial permits issued in March. New York unexpectedly ranks third in permits despite restrictive land-use laws. Anticipated zoning changes in 2024 could significantly boost New York's housing supply with a projection of 82,000 new homes over 15 years, addressing critical housing demands amid shifting market conditions.
Dallas ranks second for permits and fifth in sales, while San Antonio takes fourth in sales. Both states, Texas and Florida, are facing declines in market activity.
Orlando ranked fourth in March in permits issued at 5,936. Meanwhile, Tampa followed closely at eighth with 3,945, demonstrating a strong recovery from Hurricane Milton.
New York stands out as it ranks third in building permits with 6,307, despite facing strict land-use restrictions that impact its housing market.
Anticipated changes in zoning policy in 2024 could lead to 82,000 newly built homes in New York over the next 15 years, addressing housing shortages.
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