Colorado 3rd in U.S. for housing permits
Last updated 8/4/2021 at 9:46am
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.
• 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