Austin's housing growth leads nation

A new analysis shows Austin leads the nation in residential construction.

Austin and its suburbs issued about 71,000 permits from 2010 to 2014 — an increase of 11.5 percent from its 2010 housing inventory, Forbes found from looking at construction permits for the country's 53 largest metro areas. Austin's new construction was split evenly between single-family and multifamily units.

Austin's residential construction is still below its pre-recession peak but the modest pace of the last four years is robust compared to the national trend: Housing permits dropped nearly 25 percent across the country from 2011 to 2015.

Elsewhere in Texas, Houston issued 189,634 permits from 2011-14, the most in the nation, and ranked No. 3 in the country for growth at 9.7 percent, according to Forbes. Dallas-Fort Worth issued 148,329 permits and ranked No. 7 nationally with 6.7 percent growth.