What's Hot: DC-Area Home Prices Shatter Record in April
DC's New Residential Construction at Highest Point in Decades
DC residential construction is at its highest point in decades, according to a post published by District, Measured on Tuesday, which likely comes as no surprise to readers of this publication or anyone that walks around and looks toward the sky in this city.
The District of Columbia’s Office of Revenue Analysis looked at the area population and the number of construction permits issued to come to this conclusion.
story continues below
loading...story continues above
From District Measured:
The District is currently experiencing its most expansive phase since the 1960’s, with regards to both population and construction of new residential buildings (measured by building permits). More permits are being issued than ever before and population has now reached the levels of the late 1970’s.
This article originally published at https://dc.urbanturf.com/articles/blog/what_does_construction_permits_say_about_the_economy/10261.
Most Popular... This Week • Last 30 Days • Ever
When Dan and Tanya Snyder couldn't sell their 30,000 square foot home , the former ow... read »
Cash-out refinancing is a popular financial strategy that allows homeowners to conver... read »
DC continues to get close to meeting Mayor Muriel Bowser's goal of producing 36,000 n... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
As plans for a street reconfiguration at the intersection of New York and Florida Ave... read »
- Dan Snyder Gave His Potomac Home Away, And Now It's Coming Back On The Market
- How Does Cash-Out Refinancing Work?
- 34,000 And Counting: DC Is 96% of Way Towards Meeting 2025 Housing Production Goals
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- The 1,700 Units In Various Stages Around Dave Thomas Circle
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro