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  Austin's apartment construction rate is the highest in the nation, says new report By Amber Heckler Mar 30, 2023 | 3:09 pm If you think new apartment buildings have been popping up nonstop all around the city within the last couple of years, you’d be right. The Austin-Round Rock metro area is experiencing one of the biggest apartment construction booms in the nation, in an effort to alleviate an  ongoing affordability crisis . But while increasing multi-family housing is solving part of the problem, long term it keeps homeownership out of arm’s reach for younger Americans. That’s according to a  new report  from apartment rental “matchmaker” and marketplace  Apartment List . Austin has spent decades building more housing for its residents, and 2022 saw the highest number – 18.3 – of new unit permits being issued per thousand residents. Austin’s rate is three times larger than the average rate in 50 of the largest American metros. The top five cities that had h...