The DFW area created 120,000 new jobs in the past 12 months, setting an all-time national record for a single metro area except New York City. And many of the jobs are high paying, hence the tremendous amount of higher priced new home construction. Migration of higher paying jobs and workers to North Texas in the last few years has kept builders rushing to provide houses. "With all the immigration of jobs over the last six years, the number of households that make over $100,000 has increased by 192,000 in D-FW," sid Ted Wilson, principal with Dallas-based Residential Strategies. "That's singlehandedly holding up the new home market. "If this massive job growth pattern starts to subside, watch out."
- Dallas Morning News, April 2017