In the market for a new home? You'll fare better if you're house-hunting in Texas. Dallas, Houston, and Austin are on pace to build a total of nearly 130,000 new homes in 2017, based on a Trulia analysis of building permits. That's more than 10 percent of all new construction expected in the U.S. this year, and enough to put all three metropolitan areas in the top five for permitting activity. New York and Phoenix round out the group. Dallas and Houston are on track to add nearly 50,000 new homes in each market, while Austin is poised to add 30,000. For Austin, that's more than double its yearly average from 1980 to 2016.
- Dallas Morning News, August 16, 2017