DFW nation's busiest homebuilding marketDFW nation's busiest homebuilding markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=174582017-08-15T05:00:00Z2017-08-15T15:00:00Z

​​DALLAS – ​​Dallas-Fort Worth is the nation's busiest homebuilding market with 31,049 single-family home starts during the year ending with June.

According to Metrostudy Inc., that's up 4.9 percent from the 29,626 home starts last year. 

At the same time, starts of apartments and multifamily housing dropped by 11.4 percent, according to RealPage.

Houston was a close second with 27,114 annual starts, and Austin ranked eighth with 16,088 home starts.

North Texas home starts are at the highest level since the Great Recession, but they are still about 40 percent below where the market was in 2006 before the housing bust.

Medium DFW home prices are over $100,000 higher than they were ten years ago.​

For more information on the Dallas housing market and more, read the Real Estate Center's new Quarterly Housing Report.

Dallas Morning News
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2017/08/10/d-fw-tops-country-home-constructionRead more at {Source}

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