AUSTIN - According to a report by Metrostudy, new housing starts were strong in Austin during third quarter 2012. About 2,369 houses were started in 3Q 2012, an increase of 37 percent from 3Q 2011.
There were 1,945 new home closings in 3Q 2012, an increase of 14 percent from 3Q 2011.
The amount of inventory continues to drop, amounting to 3,854 housing units at the end of 3Q 2012.
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