Fountain Valley News - Your Hometown Community Newspaper

Colorado 3rd in U.S. for housing permits

 

Last updated 8/4/2021 at 9:46am

Courtesy of BigRentz, inc.

This map shows states with the most building permit requests. Colorado is in the top 3 for new home permit rankings, according to data from the U.S. Census Bureau.

Thanks to strong demand and record-low supply, the housing market has felt impossible to break into in the last year.

In fact, it's become so impossible that many buyers are deciding to build their own homes instead.

Where is the most home development happening? Rental network Bigrentz, Inc. analyzed recent U.S. Census data to find out, and Colorado ranked NO. 3 in America for new building permits.

Highlights include:

• Colorado has issued 245,673 permits since 2015

• That's 6.34 permits per 1,000 residents

• Colorado has seen a 691-percent increase in permits since 2015

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