Study: Significant Residential Growth in Urban Areas

In more than half of the 50 most populous metropolitan areas in the United States, communities at the urban core have captured a significantly larger share of their regions new residential building permits since 2002 than in the first half of the 1990s, according to an analysis by the Environmental Protection Agency.

New residential construction is popping up in more urban areas, according to a new government study.

In more than half of the 50 most populous metropolitan areas in the United States, communities at the urban core have captured a significantly larger share of their region’s new residential building permits since 2002 than in the first half of the 1990s, according to an analysis by the Environmental Protection Agency.

There was a consistent increase in housing in urban centers from 2002 to 2007, and the trend could transform growth patterns in some places for decades to come.

Source:  Nation's Building News,  Urban Areas See Revival in Housing Construction



 

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